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VOLUNTARY TERMINATION OTHER THAN Sample Clauses

VOLUNTARY TERMINATION OTHER THAN. SECTION 7. Executive may voluntarily terminate his employment with the Company under this Agreement, other than as provided in Section 7 hereof, upon not less than ninety (90) days prior written notice to the Company. In the event that Executive terminates his employment pursuant to this Section 9, the Company shall have no further obligation to Executive under this Agreement except to pay his Base Compensation and unused vacation earned through the date of resignation.
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VOLUNTARY TERMINATION OTHER THAN. SECTION 9 Executive may voluntarily terminate Executive's employment with the Company under this Agreement, other than as provided in Section 7 or the last sentence of Section 1.3 hereof, upon not less than ninety (90) days prior written notice to the Company. In the event that Executive terminates Executive's employment pursuant to this Section 9, the Company shall have no further obligation to Executive under this Agreement except to pay Executive's Base Compensation, auto allowance, if any, and unused vacation earned through the date of resignation and to perform such other obligations as imposed by law. Notwithstanding the preceding sentence, Executive shall also be paid the retirement income provided for in Section 2.7 hereof provided Executive satisfies the requirements contained in Section 2.7. In the event of Executive's voluntary resignation, the Company may remove Executive from Executive's position and require partial or no further services from Executive provided that the Company shall continue to pay and provide benefits to Executive until the expiration of the notice period.
Sample 1
VOLUNTARY TERMINATION OTHER THAN. SECTION 7. Executive may voluntarily terminate his employment with the Company under this Agreement, other than as provided in Section 7 hereof, upon not less than ninety (90) days prior written notice to the Company. In the event that Executive voluntarily terminates his employment pursuant to this Section 9, the Company shall have no further obligation to Executive under this Agreement except to pay his Base Compensation earned through the date of resignation within ten (10) days after the date of resignation. Notwithstanding the preceding sentence, Executive shall also be paid the retirement income provided for in Section 11 hereof provided Executive satisfies the requirements contained in Section 11.
Sample 1
VOLUNTARY TERMINATION OTHER THAN. SECTION 9 Executive may voluntarily terminate Executive's employment with the Company under this Agreement, other than as provided in Section 7 hereof, upon not less than ninety (90) days prior written notice to the Company. In the event that Executive terminates Executive's employment pursuant to this Section 9, the Company shall have no further obligation to Executive under this Agreement except to pay Executive's Base Compensation, auto allowance, if any, and unused vacation earned through the date of resignation and to perform such other obligations as imposed by law. Notwithstanding the preceding sentence, Executive shall also be paid the retirement income provided for in Section 2.7 hereof provided Executive satisfies the requirements contained in Section 2.7. In the event of Executive's voluntary resignation, the Company may remove Executive from Executive's position and require partial or no further services from Executive provided that the Company shall continue to pay and provide benefits to Executive until the expiration of the notice period.
Sample 1
VOLUNTARY TERMINATION OTHER THAN. SECTION 7. Executive may voluntarily terminate Executive's employment with the Company under this Agreement, other than as provided in Section 7 hereof, upon not less than ninety (90) days prior written notice to the Company. In the event that Executive terminates Executive's employment pursuant to this Section 9, the Company shall have no further obligation to Executive under this Agreement except to pay Executive's Base Compensation, auto allowance, if any, and unused vacation earned through the date of resignation and to perform such other obligations as imposed by law. In the event of Executive's voluntary resignation, the Company may remove Executive from Executive's position and require partial or no further services from Executive provided that the Company shall continue to pay and provide benefits to Executive until the expiration of the notice period.
Sample 1

Related to VOLUNTARY TERMINATION OTHER THAN

  • 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.

  • 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.

  • Involuntary Termination Without Cause In the event of the Participant’s involuntary Termination by the Company without Cause, the vested portion of the Option shall remain exercisable until the earlier of (i) ninety (90) days from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to Section 3(d) hereof.

  • 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.

  • Voluntary Termination by the Employee The Employee may voluntarily terminate the Employee's status as employee for other than Good Reason.

  • 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).

  • Involuntary Termination for Cause If the Employee's employment is terminated for Cause, then the Employee shall not be entitled to receive severance payments. The Employee's benefits will be terminated under the Company's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination.

  • Voluntary Termination by the Executive Notwithstanding anything in this Agreement to the contrary, the Executive may, upon not less than thirty (30) days' written notice to the Company, voluntarily terminate employment for any reason (including retirement under the terms of the Company's retirement plan as in effect from time to time).

  • Termination for Cause; Voluntary Termination (a) The Company may terminate the Executive’s employment hereunder at any time for Cause upon written notice to the Executive. The Executive may voluntarily terminate his employment hereunder at any time without Good Reason upon sixty (60) days prior written notice to the Company; provided, however, the Company reserves the right, upon written notice to the Executive, to accept the Executive’s notice of resignation and to accelerate such notice and make the Executive’s resignation effective immediately, or on such other date prior to Executive’s intended last day of work as the Company deems appropriate. It is understood and agreed that the Company’s election to accelerate Executive’s notice of resignation shall not be deemed a termination by the Company without Cause for purposes of Section 4.1 of this Agreement or otherwise or constitute Good Reason (as defined in Section 4.1) for purposes of Section 4.1 of this Agreement or otherwise. (b) If the Executive’s employment is terminated pursuant to Section 4.2(a), the Executive shall, in full discharge of all of the Company’s obligations to the Executive, be entitled to receive, and the Company’s sole obligation under this Agreement or otherwise shall be to pay or provide to the Executive, the following (collectively, the “Accrued Obligations”): (i) the Executive’s earned, but unpaid, Base Salary through the final date of the Executive’s employment by the Company (the “Termination Date”), payable in accordance with the Company’s standard payroll practices; (ii) the Executive’s accrued, but unused, vacation (in accordance with the Company’s policies); (iii) expenses reimbursable under Section 3.2 above incurred on or prior to the Termination Date but not yet reimbursed; and (iv) any amounts or benefits that are vested amounts or vested benefits or that the Executive is otherwise entitled to receive under any plan, program, policy or practice (with the exception of those, if any, relating to severance) on the Termination Date, in accordance with such plan, program, policy, or practice.

  • Voluntary Termination; Termination for Cause If Executive's employment with the Company terminates voluntarily by Executive or for Cause by the Company, then all vesting of the Option and all other options granted to Executive will terminate immediately and all payments of compensation by the Company to Executive hereunder and all obligations with respect thereto (including, without limitations, with respect to base salary, bonuses, employee benefits, relocation and temporary living reimbursements and other expense reimbursements) will terminate immediately (except as to amounts already earned).

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