Common use of Termination by the Employee for Good Reason Clause in Contracts

Termination by the Employee for Good Reason. a. The termination by the Employee of his employment for "Good Reason" during the term of this Agreement shall be deemed a justifiable termination of his employment and shall excuse him from the obligation to render services under or relating to this Agreement. In that event the Company shall be obligated to pay to the Employee the amounts and benefits described in Appendix D hereto in lieu of all others provided by this Agreement. As used herein, the term "Good Reason" means:

Appears in 5 contracts

Sources: Employment Agreement (Campo Electronics Appliances & Computers Inc), Employment Agreement (Campo Electronics Appliances & Computers Inc), Employment Agreement (Campo Electronics Appliances & Computers Inc)

Termination by the Employee for Good Reason. a. The termination by Employee may terminate this Agreement and/or the Employee’s employment with the Company for Good Reason, as defined below. If the Employee of his employment terminates this Agreement for "Good Reason" during , then the term Employee shall receive the Accrued Amounts and the Severance Payment as set forth in Section 5.2(a), subject to the requirements of Sections 5.2(b) and (c). For purposes of this Agreement shall be deemed a justifiable termination of his employment and shall excuse him from the obligation to render services under or relating to this Agreement. In that event the Company shall be obligated to pay to the Employee the amounts and benefits described in Appendix D hereto in lieu of all others provided by this Agreement. As used herein, the term "Good Reason" means” shall mean:

Appears in 5 contracts

Sources: Employment Agreement (Electric Last Mile Solutions, Inc.), Employment Agreement (Electric Last Mile Solutions, Inc.), Employment Agreement (Electric Last Mile Solutions, Inc.)

Termination by the Employee for Good Reason. a. (a) The termination by Employee may terminate the Employee of his Employee’s employment hereunder at any time for "Good Reason" during ” following a written notice of the term termination of employment hereunder pursuant to this Section 8.5(a), as more fully described below. (b) For purposes of this Agreement shall be deemed a justifiable termination of his employment and shall excuse him from the obligation to render services under or relating to this Agreement. In that event the Company shall be obligated to pay to the Employee the amounts and benefits described in Appendix D hereto in lieu of all others provided by this Agreement. As used herein, the term "Good Reason" means” shall mean:

Appears in 3 contracts

Sources: Employment Agreement (Exe Technologies Inc), Employment Agreement (Exe Technologies Inc), Employment Agreement (Exe Technologies Inc)

Termination by the Employee for Good Reason. a. The termination by the Employee of this Agreement and his employment for "Good Reason" during the term of this Agreement shall be deemed a justifiable termination of his employment and shall excuse him the Employee from the obligation to render services under or relating to this Agreementas provided in Paragraph 2. In that event hereof. Upon such termination, the Company Employee shall be obligated entitled to pay to Severance Pay in accordance with the Employee the amounts and benefits described in Appendix D hereto in lieu provisions of all others provided by this AgreementParagraph 8. hereof. As used herein, the term phrase "Good Reason" means:

Appears in 2 contracts

Sources: Employment Agreement (Ogden Corp), Employment Agreement (Ogden Corp)

Termination by the Employee for Good Reason. a. The termination by the Employee of his employment for "Good Reason" during the term of this Agreement shall be deemed a justifiable termination of his employment and shall excuse him the Employee from the obligation to render services under or relating to this Agreementas provided in Paragraph 2 hereof. In that event Upon such termination, the Company Employee shall be obligated to pay entitled to the Employee severance Payment in accordance with the amounts and benefits described in Appendix D hereto in lieu provisions of all others provided by this AgreementParagraph 9. hereof. As used herein, the term phrase "Good Reason" meansshall mean:

Appears in 1 contract

Sources: Employment Agreement (Ogden Corp)