Common use of Without Good Cause Clause in Contracts

Without Good Cause. At any time after the commencement of employment, either Employee or Employer may, without good reason or good cause, respectively, terminate this Agreement and Employee's employment, effective thirty (30) days after written notice is provided to the other party. Should Employee be terminated by Employer without good cause during the Term, Employer shall deliver to Employee promptly a waiver and release agreement waiving and releasing any claims Employee may have against Employer under the terms of this Agreement in form reasonably satisfactory to Employer and Employee, and upon Employee's execution thereof, Employee shall receive from Employer, in a lump-sum payment due on the effective date of termination, the base salary at the rate then in effect for whatever time period is remaining under the Term (the Initial Term or the then current Renewal Term, as applicable) or for one (1) year, whichever amount is greater (such period of time, the "Severance Period"). If Employee resigns or otherwise terminates Employee's employment without good reason pursuant to this Paragraph 6(d), Employee shall receive no severance compensation.

Without Good Cause. At any time after the commencement of employment, either Employee or Employer may, without good reason or good cause, respectively, terminate this Agreement and Employee's employment, effective thirty (30) days after written notice is provided to the other party. Should Employee be terminated by Employer without good cause during the Term, Employer shall deliver to Employee promptly a waiver and release agreement waiving and releasing any claims Employee may have against Employer under the terms of this Agreement in form reasonably satisfactory to Employer and Employee, and upon Employee's execution thereof, Employee shall receive from Employer, in a lump-sum payment due on the effective date of termination, the base salary at the rate then in effect for whatever time period is remaining under the Term (the Initial Term or the then current Renewal Term, as applicable) or for one (1) year, whichever amount is greater (such period of time, the "Severance Period")greater. If Employee resigns or otherwise terminates Employee's employment without good reason pursuant to this Paragraph 6(d), Employee shall receive no severance compensation.