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:
AutoNDA by SimpleDocs
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.
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 payable as described in Section 3.2.1 and the payments described in Section 4.2, and (iii) the Company shall have all other rights and remedies available under this Agreement, at law or in equity.
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.
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.
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).
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.
AutoNDA by SimpleDocs
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.

Related to Voluntary Termination by Employee without Good Reason

  • Termination by Employee without Good Reason The Employee shall have the right at any time to terminate the Employee's employment with both Employers without Good Reason by giving the Employers written notice that the Employee is terminating his employment. Any such termination shall apply to the Employee's employment with both Employers and be effective ninety (90) days after the giving of such notice by the Employee.

  • 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 Upon 30 days prior written notice to Company, Executive shall have the right to voluntarily terminate his employment hereunder for other than Good Reason. Upon receipt of Executive’s notice of voluntary termination, Company at its sole discretion may elect to reduce the notice period and no such action by Company shall cause Executive’s termination to be a termination by Company without Cause. In such event of Executive’s voluntary termination, Executive shall be entitled to the Accrued Obligations earned through the Termination Date.

  • Termination by Executive Without Good Reason Executive may terminate his employment upon 30 days’ written notice to the Company. In the event Executive terminates his employment in this manner, he shall remain in the Company’s employ subject to all terms and conditions of this Agreement for the entire 30-day period unless instructed otherwise by the Company in writing.

  • Termination by Employer Without Cause or by Executive for Good Reason If Employer terminates Executive’s employment without Cause, or if Executive terminates his employment for Good Reason, Employer shall pay Executive in a lump sum: (i) all Base Salary earned and all reimbursable expenses incurred under this Agreement through such termination date; and (ii) an amount equal to one (1) times Executive’s highest Base Salary over the prior three (3) years. The amount described in 5.b.(i) herein shall be paid no later than forty-five (45) days after the day on which employment is terminated. The amount described in 5.b.(ii) herein shall be paid on the first day of the month following a period of six (6) months after the termination of employment, provided that the payment may be made sooner if either (i) the amount does not exceed the IRC Safe Harbor or (ii) at the Executive’s election, the amount described in Section 5.a.(ii) is reduced to fit within the IRC Safe Harbor. No payment will be made pursuant to Section 5.a.(ii) unless the Executive has signed a Release Agreement which has become irrevocable prior to the payment date.

Time is Money Join Law Insider Premium to draft better contracts faster.