Common use of Date of Termination or Resignation Clause in Contracts

Date of Termination or Resignation. For purposes of this Agreement, the "Date of Termination and/or Resignation" (aka "Date of Termination" hereinafter) shall mean the date the Employee receives the Notice of Termination. Notwithstanding any contrary provision contained in this Agreement, (i) if the Employee is terminating this Agreement in order to resign Without Good Reason, the Date of Termination shall not be the date of receipt of such Notice of Termination but shall be a date specified therein, which date shall be not less than 60 days after giving such Notice of Termination; (ii) if the Employee's employment is terminating due to Disability, the Date of Termination shall be the Disability Effective Date; (iii) if the Employee's employment terminates due to the Employee's death, the Date of Termination shall be the date of death; and (iv) if the Employee's employment is terminated Without Cause, the Date of Termination shall not be the date of receipt of such Notice of Termination but shall be a date specified therein, which date shall be not less than 60 days after giving such Notice of Termination; (v) if the Company terminates the Employee's employment with Cause, or if Employee resigns with Good Reason, the date of termination.

Date of Termination or Resignation. For purposes of this Agreement, the "“Date of Termination and/or Resignation" ” (aka "“Date of Termination" ” hereinafter) shall mean the date the Employee receives the Notice of Termination. Notwithstanding any contrary provision contained in this Agreement, (i) if the Employee is terminating this Agreement in order to resign Without Good Reason, the Date of Termination shall not be the date of receipt of such Notice of Termination but shall be a date specified therein, which date shall be not less than 60 days after giving such Notice of Termination; (ii) if the Employee's ’s employment is terminating due to Disability, the Date of Termination shall be the Disability Effective Date; (iii) if the Employee's ’s employment terminates due to the Employee's ’s death, the Date of Termination shall be the date of death; and (iv) if the Employee's ’s employment is terminated Without Cause, the Date of Termination shall not be the date of receipt of such Notice of Termination but shall be a date specified therein, which date shall be not less than 60 days after giving such Notice of Termination; (v) if the Company terminates the Employee's ’s employment with Cause, or if Employee resigns with Good Reason, the date of termination.