Common use of Voluntary Termination; Retirement Clause in Contracts

Voluntary Termination; Retirement. (i) A termination of employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, or (B) retirement pursuant to clause (ii) below), shall have the same consequences as provided in Section 9(c)(ii) for a termination for Cause. A voluntary termination under this Section 9(e)(i) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Blyth Inc), Employment Agreement (Blyth Inc)

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Voluntary Termination; Retirement. (i1) A termination of employment Employment by the Executive on his her own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Termination for Good Reason or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii5(C)(2) for a termination for Cause. A voluntary termination under this Section 9(e)(i5(F) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 2 contracts

Samples: Employment Agreement (New Ulm Telecom Inc), Executive Employment Agreement (New Ulm Telecom Inc)

Voluntary Termination; Retirement. (i1) A termination of employment Employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Termination for Good Reason or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii5(C)(2) for a termination for Cause. A voluntary termination under this Section 9(e)(i5(F) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 1 contract

Samples: Employment Agreement (New Ulm Telecom Inc)

Voluntary Termination; Retirement. (i1) A termination of employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Termination for Good Reason or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii5(C)(2) for a termination for Cause. A voluntary termination under this Section 9(e)(i5(F) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 1 contract

Samples: Employment Agreement (New Ulm Telecom Inc)

Voluntary Termination; Retirement. (i) A termination of employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Constructive Termination without Cause or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii12(c)(ii) for a termination for Cause. A voluntary termination under this Section 9(e)(i12(e) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 1 contract

Samples: Employment Agreement (At&t Corp)

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Voluntary Termination; Retirement. (i) 9 10 A termination of employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Constructive Termination without Cause or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii) for a termination for Cause. A voluntary termination under this Section 9(e)(i9(e) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 1 contract

Samples: Employment Agreement (Long Distance International Inc)

Voluntary Termination; Retirement. (i) A termination of employment by the Executive on his own initiative, other than (A) a termination due to death or Disability, Disability or (B) a Constructive Termination Without Cause or retirement pursuant to clause (ii) below)following the end of the Term of Employment, shall have the same consequences as provided in Section 9(c)(ii) for a termination for Cause. A voluntary termination under this Section 9(e)(i9(e) shall be effective 30 calendar days after prior written notice is received by the Company.

Appears in 1 contract

Samples: Registration Rights Agreement (Blyth Inc)

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