Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and Accrued Benefits as determined through the end of the thirty-day notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2] of this Agreement.
Voluntary Resignation by Executive Withoutfor Good Reason.Reason/Severance. Executive may voluntarily resign Executive’s position with the Company withoutfor Good Reason, at any time.time on thirty (30) days’ advance written notice. Executive shall provide notice to the Company of the condition giving rise to “Good Reason” within ninety (90) days of the initial existence of such condition and the Company shall have thirty (30) days following such notice to remedy such condition. Executive’s right to terminate Executive’s employment for Good Reason shall not be affected by the Executive’s incapacity due to physical or mental illness. In the event of Executive’s resignation withoutfor Good Reason, Executive will be entitled to receive only Executive’s Base Salary then in effect, prorated to the date of termination, Accrued Benefits, and Accrued Benefits as determined through the endSeverance Package described in [Section 7.2] above, provided Executive complies with all of the thirty-day notice period and no other amount; provided, however thatSeverance Obligations. Further, Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2]For purposes of this Agreement, “Good Reason” means the occurrence of any of the following events or conditions, without the Executive’s express written consent (which consent may be denied, withheld or delayed for any reason): # a material reduction in Executive’s title, duties, authority or responsibilities; # a material non-voluntary reduction by the Company in the Executive’s annual Base Salary as in effect as of the date hereof; # a material change in Executive’s business location of more than thirty (30) miles; # the material breach by the Company of this Agreement; or # the failure of any successor-in-interest to assume all of the obligations of the Company under this Agreement.
Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and Accrued Benefits as determined through the end of the thirty-day notice period and no other amount; provided, however thatThe Executive shall be entitled to resign from the employment of the Company at any amounts owing totime during the Contract Period without Good Reason, but upon such resignation the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive willshall not be entitled to receiveany additional compensation for the Severance Package under [Section 7.2]time after which he ceases to be employed by the Company, and shall not be entitled to any of this Agreement.the other benefits provided hereunder. No such resignation shall be effective unless in writing with thirty (30) days’ notice thereof.
Voluntary Resignation by Executive Without Good Reason.Executive. Executive may voluntarily resign Executive’s positionterminate her employment with the Company without Good Reason, at any time.time with or without notice and with or without reason. Such voluntary termination by Executive shall include, without limitation, Executive’s decision not to renew this Agreement upon expiration of the Employment Period if the Company offers to renew this Agreement on economic terms and conditions at least equal to this Agreement and for a term at least equal to one year. In the event ofExecutive voluntarily terminates her employment, Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salarysalary shall cease on the termination date and Accrued Benefits as determined through the end of the thirty-day notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receiveseverance pay, pay in lieu of notice, or any other compensation other than payment of the Severance Package under [Section 7.2] of this Agreement.Accrued Benefits.
Voluntary Resignation by Executive Without Good Reason.Resignation: Executive may voluntarily resign Executive’s position with the Companyemployment under this Agreement without Good Reason,Reason at any time. In the event of Executive’s resignation without Good Reason,time; however Executive will be entitledagrees to receive only Executive’s Base Salary and Accrued Benefits as determined through the end of the thirty-dayprovide at least sixty (60) days advance written notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2] of this Agreement.Company.
Voluntary Resignation by Executive Withoutwithout Good Reason. Executive may voluntarily resign Executive’terminate Executive's positionemployment by providing Employer with 30 days' advance written notice. If Executive terminates Executive's employment (other than for good reason or by reason of Disability) # Employer shall pay to Executive the Company without Good Reason, at any time. InAccrued Obligations (as defined below), # Executive's participation in the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and Accrued BenefitsBenefit Plans shall terminate as determined through the end of the thirty-day notice periodTermination Date, and # Employer shall have no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant tounder this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package underAgreement, other than those provided in this [Section 7.2] of this Agreement.5.01].
Voluntary Resignation byResignation. The Executive Without Good Reason. Executive maycan voluntarily resign Executive’s positionhis employment with the Company and terminate the Period of Employment at any time without Good Reason, at any time. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and Accrued Benefits as determined through the end of the thirty-dayReason upon 30 days’ prior written notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to the date of termination which are reimbursable in accordance with [Section 6] of this Agreement. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2] of this Agreement.Company.
VoluntaryTermination Without Cause or Resignation by Executive Withoutfor Good Reason. The Company may terminate the Executive may voluntarily resign Executive’s position withwithout Cause during the Company without Good Reason, at any time. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and Accrued Benefits as determined through the end of the thirty-dayContract Period by written notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive providing thirty (30) days’ notice. The Executive may resign for reimbursement of expenses properly incurred by Executive prior toGood Reason during the date of termination which are reimbursableContract Period upon thirty (30) days’ written notice in accordance with the requirements of [Section 6]1(e)]. If the Company terminates the Executive’s employment during the Contract Period without Cause or if the Executive Resigns for Good Reason, the Company shall pay the Executive the severance amounts set forth in this [Section 9] below, subject to # the Executive’s execution and non-revocation of this Agreement. All othera written release of all claims against the Company obligationsand all related parties with respect to Executive pursuant to this Agreement will become automatically terminatedall matters arising out of the Executive’s employment by the Company, or the termination thereof, substantially in the form attached hereto as [Exhibit A] (the “Release”), and completely extinguished. In addition, Executive will not be entitled to receive# the Severance Package underExecutive’s continued compliance with the restrictive covenants referenced in [Section 7.2] of this Agreement.11] below.
Voluntary Resignation by Executive Withoutfor Good Reason. The Executive may voluntarily resignterminate his employment (which shall constitute a termination of this Agreement) upon thirty (30) days’ written notice to the Company of his resignation for Good Reason (as defined below), detailing the circumstances constituting Good Reason; provided that the Company in its sole discretion may elect to add any portion of such notice to the Severance Period (defined below) rather than have Executive work the full notice. As used herein, “Good Reason” shall mean any of the following without the Executive’s positionconsent: # breach by the Company of this Agreement or any other Agreement between the Company and Executive; # a requirement that Executive do anything that the Executive believes in good faith to be illegal after consulting with an attorney duly licensed to practice and in good standing with the Bar of the applicable state; or # a material reduction in Executive’s compensation or benefits, provided that the foregoing factors # – # shall only constitute “Good Reason” in the event that Executive provides the Company without Good Reason, at any time.written notice of the circumstances that would constitute “Good Reason” if not cured as provided herein and the Company does not cure such circumstances within thirty (30) days of receipt of such written notice. In the event of termination of Executive’s resignation withoutemployment for Good Reason, the Company shall pay Executive all compensation, benefits and reimbursable expenses accrued through the effective date of termination or as required by law, and shall comply with the terms of any applicable benefits plans and agreements between the Company and the Executive; and, in the event that the Executive resigns his employment hereunder with Good Reason prior to , and provided that Executive # signs and returns to the Company a timely and effective separation agreement containing a general release of claims and other customary terms in the form provided by the Company at the time employment is terminated (the “Separation Agreement”) and # continues to comply with his post-employment covenants in this Agreement and any other agreement between the Executive and the Company, the Company will be entitledcontinue to receive onlypay Executive’s Base SalarySalary, less taxes and Accrued Benefits as determined through the endother legally required deductions (“Severance Pay”) for a period of the thirty-day notice period and no other amount; provided, however that Executive shall be entitled to any amounts owing to the Executive for reimbursement of expenses properly incurred by Executive prior to3 months following the date of termination which are reimbursable in accordance with [Section 6](“Severance Period”), and upon Executive’s timely election of this Agreement. All otherstatutory continuation coverage the Company obligations towill pay on Executive’s behalf or reimburse Executive pursuant to this Agreement will become automatically terminatedfor the cost of statutory continuation coverage for eligible group insurance benefits (minus Executive’s share of the premiums for such insurance at the same rate as during employment) for the shorter of the amount of time that Executive continues such benefits and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2]remainder of this Agreement.the Initial Term..
Voluntary ResignationWithout “Good Reason” by the Executive. At any time during the term of this Agreement, the Executive Without Good Reason. Executive may voluntarily resignshall be entitled to terminate this Agreement and the Executive’s positionemployment with the Company without Good Reason,Reason and other than for a Change of Control by providing prior written notice of at any time. Inleast thirty (30) days to the eventCompany. Upon termination by the Executive of this Agreement or the Executive’s resignationemployment with the Company without Good Reason, Executive will be entitled to receive only Executive’s Base SalaryReason and Accrued Benefits as determined throughother than for a Change of Control, the end of the thirty-day notice period andCompany shall have no other amount; provided, however that Executive shall be entitled to any amounts owingfurther obligations or liability to the Executive or his heirs, administrators or executors with respect to compensation and benefits thereafter, except for reimbursement of expenses properly incurred bythe obligation to pay the Executive prior toany Base Salary earned through the date of termination which are reimbursableto be paid according to [Section 4]; reimbursement of any and all reasonable expenses paid or incurred by the Executive in connection with and related to the performance of his duties and responsibilities for the Company during the period ending on the termination date to be paid according to [Section 8]; and any accrued but unused vacation time through the termination date in accordance with [Section 6] of this Agreement. AllCompany policy. The Company shall deduct, from all payments made hereunder, all applicable taxes, including income tax, FICA and FUTA, and other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package under [Section 7.2] of this Agreement.appropriate deductions.
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