Common use of Voluntary Termination of Employment by the Executive Clause in Contracts

Voluntary Termination of Employment by the Executive. The Executive reserves the right to terminate voluntarily the Executive's employment at any time for any reason. Upon such a termination other than a termination pursuant to Section 4(b), all obligations of the Company hereunder shall be cancelled automatically, and the Executive shall not be entitled to any form of Compensation Continuance under this Agreement, including that described in Section 5 below.

Appears in 5 contracts

Samples: Employment Agreement (Nabisco Inc), Employment Agreement (Nabisco Group Holdings Corp), Employment Agreement (Nabisco Group Holdings Corp)

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Voluntary Termination of Employment by the Executive. The Executive reserves the right to voluntarily terminate voluntarily the Executive's his employment at any time for any reason; provided, he shall give the Company not less than three (3) months written notice thereof, unless the Company consents to a shorter notice period. Upon Three (3) months after the Company receives such a termination other than a termination pursuant to Section 4(b)notice, this Agreement shall cease, all obligations of the Company hereunder shall be cancelled automatically, and the Executive shall not be entitled to any form of Compensation Continuance under this Agreement, including that described in Section 5 below.

Appears in 1 contract

Samples: Employment Agreement (RJR Nabisco Inc)

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