Common use of Voluntary Resignation by the Employee Clause in Contracts

Voluntary Resignation by the Employee. If the Employee resigns voluntarily other than for Good Reason (as defined below), Employee shall be entitled to receive solely the Accrued Rights. For purposes of this Agreement, “Good Reason” shall mean any of the following which is not corrected by the Company within 30 days after the Company receives written notice from Employee specifying the circumstances and correction sought:

Appears in 3 contracts

Sources: Employment Agreement (Woodbridge Liquidation Trust), Employment Agreement (Woodbridge Liquidation Trust), Employment Agreement (Woodbridge Liquidation Trust)