Voluntary Termination by Executive Sample Clauses
The "Voluntary Termination by Executive" clause defines the conditions under which an executive may choose to end their employment with the company of their own accord. Typically, this clause outlines the required notice period the executive must provide, any obligations regarding transition of duties, and the impact on compensation or benefits, such as forfeiture of unvested equity or severance eligibility. Its core function is to establish a clear process for resignation, ensuring both parties understand their rights and responsibilities when the executive decides to leave voluntarily.
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Voluntary Termination by Executive. The Executive may voluntarily terminate his employment for any reason and such termination shall take effect 30 days after the receipt by Company of the Notice of Termination. Upon the effective date of such termination, Executive shall be entitled to (a) accrued and unpaid Salary and vacation through such termination date; and (b) all other compensation and benefits that were vested through such termination date. In the event Executive is terminated without notice, it shall be deemed a termination by the Company for Cause.
Voluntary Termination by Executive. 90 days following Executive’s written notice to Company of termination of employment; provided, however, that Company may waive all or a portion of such notice period and accelerate the effective date of such termination (termination pursuant to this Subsection being referred to herein as “Voluntary” termination);
Voluntary Termination by Executive. In addition to her other rights to terminate under this Agreement, Executive may voluntarily terminate employment during the Term of this Agreement upon at least sixty (60) days prior written notice to the Board. Upon Executive’s voluntary termination, she will receive only her compensation and vested rights and benefits through the date of her termination. Following her voluntary termination of employment under this Section 10(e), Executive will continue to be subject to the restrictions set forth in Section 10(g) of this Agreement.
Voluntary Termination by Executive. Executive may voluntarily terminate his employment under this Agreement at any time by giving at least forty-five (45) days prior written notice to the Bank. In such event, Executive shall receive all compensation and other benefits to which he was entitled under Section 4 through the Termination Date and, in addition, shall receive all other benefits available to him under the Bank's Benefit Plans as in effect on the Termination Date.
Voluntary Termination by Executive. Executive may terminate employment hereunder at any time after providing ninety (90) days' written notice to the Company, or for good reason as described in Section 7 of this Agreement.
Voluntary Termination by Executive. Executive may terminate employment hereunder with or without Good Reason at any time upon written notice to the Company.
Voluntary Termination by Executive. At the election of Executive upon not less than 30 days prior written notice by him to the Company.
Voluntary Termination by Executive. The Executive may voluntarily terminate employment with the Company at any time. In this case, and if all other requirements of this Agreement are met, and subject to Section 5.04[5), the Company will make the following payments to the Executive:
Voluntary Termination by Executive. Notwithstanding anything to the contrary in this Agreement, Executive may terminate this Agreement at any time upon thirty (30) days’ written notice to the Company, subject to the terms and provisions below. Except in the case of a termination for “good reason”, as set forth in Section 4.7 of this Agreement, the Company shall not be obligated to pay any severance benefit to Executive if Executive terminates this Agreement pursuant to this Section 4.4.
Voluntary Termination by Executive. Executive may at any time terminate his employment hereunder upon delivering sixty (60) days written notice to the Company.