Common use of Your Resignation Clause in Contracts

Your Resignation. If you resign your employment for Good Reason, as defined below, within twelve (12) months after or three (3) months before a Change of Control, you will be entitled to the Severance Benefits, contingent on your compliance with the Severance Conditions. If you resign your employment without Good Reason, Company shall pay you your Accrued Amounts on the date of termination or, if otherwise provided in an applicable employee benefit plan, in accordance with the time and form of payment provisions of such plan, as permitted by law. All other Company obligations to you will be automatically terminated and completely extinguished.