Common use of Voluntary Termination by You Clause in Contracts

Voluntary Termination by You. You may terminate your employment under this Agreement at any time by giving the CEO written notice of intent to terminate, delivered at least 30 calendar days before the effective date of such termination (such period not to include vacation). The termination will automatically become effective upon the expiration of the 30-day notice period. You must continue in the active employ of Genuity during this 30-day notice period. Upon the effective date of such termination, your base salary and any other Genuity benefits will cease to accrue, and you will forfeit all rights under this Agreement which as of the relevant date have not yet been earned under this Agreement. A termination of employment in accordance with this Section ("Voluntary Termination by You"), including retirement, will be deemed a "Voluntary Termination."

Voluntary Termination by You. You may terminate your employment under this Agreement at any time by giving the CEO Board written notice of intent to terminate, delivered at least 30 calendar days before the effective date of such termination (such period not to include vacation). The termination will automatically become effective upon the expiration of the 30-day notice period. You must continue in the active employ of Genuity during this 30-day notice period. Upon the effective date of such termination, your base salary and any other Genuity benefits will cease to accrue, and you will forfeit all rights under this Agreement which as of the relevant date have not yet been earned under this Agreement. A termination of employment in accordance with this Section ("Voluntary Termination by You"), including retirement, will be deemed a "Voluntary Termination."