Common use of Termination by Employee with Cause Clause in Contracts

Termination by Employee with Cause. The Employee shall have the right to terminate his employment under this Agreement, by written notice thereof to the Company, at any time after the occurrence of a breach of this Agreement by the Company or any of its subsidiaries which is not cured within thirty (30) days after notice thereof by the Employee to the Company. The Employee shall be required to mitigate damages or the amount of any payment provided for in this section. By terminating the Agreement, Employee shall not be deemed to waive any rights it may have for claims against Employer.

Appears in 3 contracts

Sources: Employment Agreement (Merchantonline Com Inc), Employment Agreement (Merchantonline Com Inc), Employment Agreement (Merchantonline Com Inc)