Voluntary Termination by Employee Without Good Reason Sample Clauses

Voluntary Termination by Employee Without Good Reason. If the Period of Employment terminates pursuant to paragraph (b) of Section 2 as a result of a voluntary termination by Employee without Good Reason, Employee will be entitled to receive only: (i) the base salary otherwise payable under Section 5 through the day on which Employee's employment is terminated, together with salary, compensation or benefits which have been earned or become payable as of the date of termination but which have not yet been paid to Employee; (ii) to the extent possible, the opportunity to convert group and individual life and disability insurance policies of Employer then in effect for Employee to individual policies of Employee upon the same terms as similarly situated employees of Employer may apply for such conversions; and (iii) such other benefits, if any, as shall be determined to be applicable in accordance with Employer's plans and practices in effect on the date of termination.
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Voluntary Termination by Employee Without Good Reason. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Employee may at any time terminate his/her employment for any reason by giving the Company fourteen (14) days prior written notice of the effective date of termination. In the event that Employee's employment with the Company is voluntarily terminated by Employee without Good Reason (as defined below), Employee shall not be eligible to receive any payments set forth in this Section 3.
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Voluntary Termination by Employee Without Good Reason. Employee may terminate his employment by Company at any time without Good Reason upon sixty (60) days’ advance written notice to the Company; provided, however, in the event of such termination of employment under this Section 3.4, (i) Employee (or his heirs, executors or administrators) shall continue to be bound by any provisions of this Agreement that expressly survive termination of this Agreement, (ii) the Company shall have no further obligation hereunder from and after the effective date of such termination, except for payment of the Accrued Obligations as described in Section 3.2.1 and the payments described in Section 4.1, and (iii) the Company shall have all other rights and remedies available under this Agreement, at law or in equity.
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Voluntary Termination by Employee Without Good Reason. Employee may, by written notice to the Company at any time during his employment with the Company, voluntarily resign without Good Reason from employment with the Company. The effective date of such resignation shall be the date that is thirty (30) days following the date on which such written notice is given, subject to the Company’s acceleration of said effective date.
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Voluntary Termination by Employee Without Good Reason. If Employee terminates his employment voluntarily then no severance shall be payable other than amounts otherwise due to Employee under WIRX policy, including, but not limited to, accrued but unpaid vacation, any portion of Employee’s salary through the date of termination that has not yet been paid and any WIRX employee benefit plan, or as otherwise required by law or this Agreement. Employee, his dependents or estate shall also be entitled to receive any benefits under WIRX benefit plans that are due in accordance with the terms of such plans.
Sample 1
Voluntary Termination by Employee Without Good Reason. Employee may terminate his employment with Employer without Good Reason (as defined herein) by giving Employer written notice of intent to terminate, specifying in such notice a termination date of not less than thirty (30) calendar days after giving of the notice (“Notice Period”). Employer has the right to release Employee from performing the duties and obligations of his position at any time during the Notice Period and, should Employer exercise such right, Employer shall compensate Employee his Base Salary for the entire Notice Period, subject to applicable taxes and withholdings, and payable in accordance with Employer’s customary pay cycles and procedures. At the end of Notice Period, Employer’s obligations to pay Employee the elements of compensation described in Sections 4, 5, 6, 7, and 8 of this Agreement shall immediately expire, except that Employer shall pay Employee for any incurred and unreimbursed expenses, and on the next regular payday following the termination date Employer shall pay Employee that portion of his Base Salary and unused vacation (subject to Section 5) that shall have been earned through the termination date. Aside from the payments set forth in this Section 12 of the Agreement, Employer shall have no further obligations to Employee under this Agreement.
Sample 1
Voluntary Termination by Employee Without Good Reason i) If the Period of Employment terminates pursuant to paragraph (b) of Section 2 as a result of a voluntary termination by Employee without Good Reason, Employee will be entitled to receive only: A. the base salary otherwise payable under Section 5 through the day on which Employee's employment is terminated, together with salary, compensation or benefits payable to other similarly situated employees (excluding any incentive compensation) which have been earned or become payable as of the date of termination but which have not yet been paid to Employee; B. to the extent possible, the opportunity to convert group and individual life and disability insurance policies of Employer then in effect for Employee to individual policies of Employee upon the same terms as similarly situated employees of Employer may apply for such conversions; and C. such other benefits, if any, as shall be determined to be applicable in accordance with Employer's plans and practices for similarly situated employees in effect on the date of termination.
Sample 1
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Voluntary Termination by Employee Without Good Reason. Employee may terminate his employment for any reason or no reason at any time upon thirty (30) days' prior written notice to the NTI Board; provided, however, that, at the NTI Board's election the effective date of such termination may be shortened to any date between the fifth (5th) and thirtieth (30th) day following the date of the Employee's notice of termination hereunder.
Sample 1
Voluntary Termination by Employee Without Good Reason. The Employee may terminate his employment for any reason other than Good Reason by providing the Company thirty (30) days’ written notice of such termination. In the event of a termination of employment by the Executive under this Section 6(g), the Employee shall be entitled only to the Accrued Obligations, payable as and when those amounts would have been payable had the Term of Employment not ended. Further, in the event that the grant of Options and the New Plan Effective Date has not occurred prior to such termination, the Employee shall be entitled to any and all applicable rights under Section 5(c).
Sample 1

Related to Voluntary Termination by Employee Without Good Reason

  • Termination by Employee without Good Reason Employee may terminate Employee’s employment without Good Reason by providing the Company sixty (60) days’ written notice of such termination. In the event of a termination of employment by Employee under this Section 8(f), Employee shall be entitled only to the Accrued Obligations, and any equity awards or equity-related awards that are not vested as of the date of termination shall be cancelled. In the event of termination of Employee’s employment under this Section 8(f), the Company may, in its sole and absolute discretion, by written notice accelerate such date of termination without changing the characterization of such termination as a termination by Employee without Good Reason. Following such termination of Employee’s employment by Employee without Good Reason, except as set forth in this Section 8(f), Employee shall have no further rights to any compensation or any other benefits under this Agreement.

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • Termination by Employee for Good Reason Employee may terminate his employment hereunder for "Good Reason." As used herein, "Good Reason" shall mean the continuance of any of the following after ten (10) days' prior written notice by Employee to the Company, specifying the basis for such Employee's having Good Reason to terminate this Agreement:

  • Termination by Employee with Good Reason Employee may terminate his employment with Good Reason by providing the Company thirty (30) days’ written notice setting forth with reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such thirty (30) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Employee’s termination will be effective upon the date immediately following the expiration of the thirty (30) day notice period, and Employee shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Employee’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following such termination of Employee’s employment by Employee with Good Reason, except as set forth in this Section 8(e), Employee shall have no further rights to any compensation or any other benefits under this Agreement.

  • Voluntary Termination by Employee Subject to Section 12 hereof, the Employee may voluntarily terminate employment with the Bank during the term of this Agreement, upon at least 90 days' prior written notice to the Board of Directors, in which case the Employee shall receive only his compensation, vested rights and employee benefits up to the date of his termination (unless such termination occurs pursuant to Section 10(d) hereof or within the Protected Period, in Section 12(a) hereof, in which event the benefits and compensation provided for in Sections 10(d) or 12, as applicable, shall apply).

  • Voluntary Termination Without Good Reason The Executive may terminate his employment without Good Reason at any time during the Term of Employment, provided he gives at least thirty (30) days' advance written notice. If the Executive terminates his employment with Holding or the Company without Good Reason (and not because of his death or due to Disability), the Executive shall have the same entitlements hereunder as provided in Section 9(c) in the case of a termination by Holding or the Company for Cause.

  • Termination by Executive without Good Reason The Executive may terminate his employment without Good Reason by providing the Company thirty (30) days’ written notice of such termination. In the event of a termination of employment by the Executive under this Section 6(g), the Executive shall be entitled only to the Accrued Obligations. In the event of termination of the Executive’s employment under this Section 6(g), the Company may, in its sole and absolute discretion, by written notice, accelerate such date of termination and still have it treated as a termination without Good Reason.

  • Termination by the Company for Cause or by Executive Without Good Reason If the Company terminates the Executive’s employment for Cause or the Executive terminates his employment without Good Reason, the Executive shall have no rights or claims against the Company except to receive the payments and benefits described in Section 6(a).

  • Voluntary Termination for Good Reason “Voluntary Termination for Good Reason” shall mean the Employee voluntarily resigns after the occurrence of any of the following (i) without the Employee’s express written consent, a material reduction of the Employee’s duties, title, authority or responsibilities, relative to the Employee’s duties, title, authority or responsibilities as in effect immediately prior to such reduction, or the assignment to Employee of such reduced duties, title, authority or responsibilities; provided, however, that a reduction in duties, title, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Senior Vice-President of a business unit of the Company remains as such following a Change of Control) shall not by itself constitute grounds for a “Voluntary Termination for Good Reason;” (ii) without the Employee’s express written consent, a material reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) a reduction by the Company in the base salary of the Employee as in effect immediately prior to such reduction; (iv) a material reduction by the Company in the aggregate level of employee benefits, including bonuses, to which the Employee was entitled immediately prior to such reduction with the result that the Employee’s aggregate benefits package is materially reduced (other than a reduction that generally applies to Company employees); (v) the relocation of the Employee to a facility or a location more than thirty-five (35) miles from the Employee’s then present location, without the Employee’s express written consent; (vi) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 7(a) below; or (vii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee.

  • Voluntary Termination Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.

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