Common use of Voluntary Termination by Executive Clause in Contracts

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) days’ written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.

Appears in 5 contracts

Samples: Employment Agreement (Golden Phoenix Minerals Inc /Mn/), Employment Agreement (Golden Phoenix Minerals Inc /Mn/), Employment Agreement (Golden Phoenix Minerals Inc /Mn/)

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Voluntary Termination by Executive. Notwithstanding anything to Provided that the contrary in this Agreement, Executive may terminate this Agreement at any time upon furnishes thirty (30) days’ days prior written notice to the Company, subject the Executive shall have the right to voluntarily terminate this Agreement at any time. If the terms and provisions below. Except in the case of a Executive's voluntary termination for “good reason”, as set forth in Section 4.7 of this Agreementis without Good Reason, the Company Executive shall receive the Executive's Accrued Benefits as of the Termination Date (other than any prorated Bonus pursuant to Section 6(b) hereof) and shall not be obligated entitled to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4Termination Payment.

Appears in 4 contracts

Samples: Stock Option Agreement (Interamericas Communications Corp), Stock Option Agreement (Interamericas Communications Corp), Employment and Severance Agreement (Interamericas Communications Corp)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) days’ days written notice to the Company, subject to the terms and provisions below. Except in the case of a Other than termination for “good reason”"without cause", as set forth contained in Section 4.7 4.4 of this Agreement, or a "change of control" of the Company, as contained in Section 4.6 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.44.5.

Appears in 4 contracts

Samples: Employment Agreement (Aremissoft Corp /De/), Employment Agreement (Aremissoft Corp /De/), Employment Agreement (Aremissoft Corp /De/)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty without Good Reason, as defined in Article 4.2(b) above, by providing the Company with ninety (3090) days’ days written notice to notice. The effective date of the Company, subject to termination shall be the terms and provisions below. Except date specified in the case notice. The Company may provide pay in lieu of a such notice in which event the termination for “good reason”, as set forth in Section 4.7 will be effective on the date of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4payment.

Appears in 2 contracts

Samples: Executive Employee Agreement, Executive Employee Agreement (Nuance Communications)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement for any reason by giving the Company at any time upon thirty (30) least 180 days' written notice of termination. The Company shall have no obligation to the Company, subject to the terms and provisions below. Except provide any severance compensation under Section 5 in the case event of a Executive's voluntary termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.

Appears in 2 contracts

Samples: Employment Agreement (Lamonts Apparel Inc), Employment Agreement (Lamonts Apparel Inc)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) days’ days written notice to the Company, subject to the terms and provisions below. Except in the case of a Other than termination for “good reason”"without cause", as set forth contained in Section 4.7 4.4 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.44.5.

Appears in 2 contracts

Samples: Employment Agreement (Aremissoft Corp /De/), Employment Agreement (Aremissoft Corp /De/)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) 30 days’ written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.

Appears in 1 contract

Samples: Employment Agreement (Concentric Energy Corp)

Voluntary Termination by Executive. Notwithstanding anything in this Agreement to the contrary in this Agreementcontrary, the Executive may terminate this Agreement at any time may, upon not less than thirty (30) days' written notice to the CompanyCorporation, subject to voluntarily terminate employment for any reason (including retirement under the terms and provisions below. Except of the Corporation's retirement plan as in effect from time to time), provided that any termination by the case Executive pursuant to Section 4(d) on account of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company Constructive Termination shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to treated as a voluntary termination under this Section 4.44(b).

Appears in 1 contract

Samples: Employment Agreement (Sanmina Corp/De)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may voluntarily terminate this Agreement at any time upon thirty sixty (3060) days’ prior written notice to the Company, subject to the terms and provisions below. Except as provided for in the case of Sections 6(g)(concerning early retirement) and 9(d)(concerning a termination for “good reason”, as set forth change in Section 4.7 of this Agreementcontrol), the Company shall not be obligated to pay make any severance benefit payment or provide any post-termination benefits to Executive, in the event of a termination by Executive if Executive terminates this Agreement of his employment pursuant to this Section 4.49(c).

Appears in 1 contract

Samples: Employment Agreement (EF Johnson Technologies, Inc.)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) days’ written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the The Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.

Appears in 1 contract

Samples: Employment Agreement (SoftBrands, Inc.)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time prior to the end of the Term upon thirty ninety (3090) days’ days prior written notice to the Company, subject in which event Company shall be obligated only to pay him his total remuneration and other applicable benefits described in Sections 3.1 and 4 up to the terms and provisions below. Except in the case date of a termination for “good reason”, as set forth in Section 4.7 a notice of this Agreement, termination given to the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Datameg Corp)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty ninety (3090) days’ days written notice to the Company, subject . Executive shall not be entitled to any severance benefits and all options that have not vested shall be canceled upon termination by the Executive in accordance with the terms and provisions below. Except in conditions of the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.42000 Stock Option Plan.

Appears in 1 contract

Samples: Employment Agreement (Aremissoft Corp /De/)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time for any reason upon thirty (30) days’ advance written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.

Appears in 1 contract

Samples: Employment Agreement (Corautus Genetics Inc)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon without cause and without Good Reason by giving the Company thirty (30) days’ days written notice to the Company, subject to the terms and provisions belownotice. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of In this Agreementevent, the Company shall pay Executive, in accordance with its regular payroll practices, all salary and accrued vacation time due and payable through the date of termination. Executive shall not be obligated entitled to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4compensation.

Appears in 1 contract

Samples: Executive Employment Agreement (Star Scientific Inc)

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Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, This Agreement and Executive’s employment hereunder may be voluntarily terminated by Executive may terminate this Agreement at any time upon at least thirty (30) days’ prior written notice to the Company. Upon such termination, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company Executive shall not be obligated entitled to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4severance.

Appears in 1 contract

Samples: Executive Employment Agreement (Glacier Worldwide, Inc.)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may voluntarily terminate this Agreement at any time upon no less than thirty (30) days’ days written notice of such termination submitted to the Company’s Board of Directors, subject and in such event Executive shall be entitled to receive all amounts due to him through the terms and provisions below. Except in the case date of a termination for “good reason”termination, as set forth in Section 4.7 of this Agreement, the Company shall but not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4payments.

Appears in 1 contract

Samples: Executive Employment Agreement (Digirad Corp)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in Executive may terminate Executive's employment under this Agreement, Executive may terminate this Agreement at any time upon for Good Reason or without Good Reason, effective thirty (30) days’ days after Executive's delivery to the Company of written notice to of such termination. For the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 purposes of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4."

Appears in 1 contract

Samples: Employment Agreement (Ijnt Net Inc)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, 5.7.1 This Agreement may be voluntarily terminated by Executive may terminate this Agreement at any time upon prior to the expiration of the Term set forth in Article 1 by giving thirty (30) days' prior written notice of Executive's intent to terminate this Agreement. Executive agrees to remain in the service of the Company from the date of the notice until the date of the termination to facilitate transition, unless the Company and the Executive agree mutually that this Agreement shall terminate prior to the Company, subject to the terms and provisions below. Except in the case expiration of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.such thirty (30) day

Appears in 1 contract

Samples: Employment Agreement (Cytomedix Inc)

Voluntary Termination by Executive. Notwithstanding anything in this Agreement to the contrary in this Agreementcontrary, the Executive may terminate this Agreement at any time may, upon not less than thirty (30) days' written notice to the CompanyCorporation, subject voluntarily terminate his employment for any reason (including retirement), provided that any termination by the Executive pursuant to the terms and provisions below. Except in the case Section 4(d) on account of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company Constructive Termination shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to treated as a voluntary termination under this Section 4.44(b).

Appears in 1 contract

Samples: Employment Agreement (Sanmina Corp/De)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty sixty (3060) days’ days advance written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for "good reason", as set forth in Section 4.7 4.6 of this Agreement, the Company shall not be obligated to pay any severance benefit Severance Benefits to Executive if Executive terminates this Agreement pursuant to this Section 4.44.4 of this Agreement. Except that Executive will vest options on a pro-rata basis for employment of less than the entire year or vesting period.

Appears in 1 contract

Samples: Employment Agreement (Remedent, Inc.)

Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty ninety (3090) days’ advance written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit Severance Benefits to Executive if Executive terminates this Agreement pursuant to this Section 4.44.4 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Medical Technologies Inc/De)

Voluntary Termination by Executive. Notwithstanding anything contained in this Agreement to the contrary in this Agreementcontrary, Executive may terminate this Agreement at any time upon the Executive, by giving thirty (30) days’ days prior written notice to the Company, subject shall have the right to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates terminate this Agreement at his sole discretion for Good Reason. Upon any termination pursuant to this Section 4.45.5, the Executive shall be entitled to be paid an earned, accrued but unpaid consideration and reimbursement under this Agreement, and he forfeits the unaccrued balance of the compensation under this Agreement.

Appears in 1 contract

Samples: Transition Advisory Agreement (Safety Shot, Inc.)

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