Common use of Voluntary Termination by the Executive Without Good Reason Clause in Contracts

Voluntary Termination by the Executive Without Good Reason. The Executive may voluntarily terminate his employment under this Agreement at any time during the Employment Period, for any or no reason (other than Good Reason), by giving written notice of such termination to the Board at least 30 days prior to the date upon which such termination is to take effect. If the Executive terminates his employment under the provisions of this Section 2(e), then all rights of the Executive under Section 3 hereof shall cease as of the effective date of such termination; provided, however, that he shall nonetheless be entitled to payment of accrued but unpaid salary (determined under Section 3(a)) to the date of termination, incurred but un-reimbursed appropriate business expenses as of the date of termination, and such other amounts and benefits (if any) as he may otherwise be due hereunder as of the date of termination or under the pension and welfare (including insured welfare) benefit plans in which he is then a participant.

Voluntary Termination by the Executive Without Good Reason. The Executive may voluntarily terminate his employment under this Agreement at any time during the Employment Period, Period (and without regard to whether such termination may be deemed retirement for any or no reason (other than Good Reasonpurpose), by giving written notice of such termination to the Board of Directors at least 30 days prior to the date upon which such termination is to take effect. If the Executive terminates his employment under the provisions of this Section 2(e)section, then all of his rights of the Executive under Section 3 hereof 4 shall cease as of the effective date of such termination; provided, however, that he the Executive shall nonetheless be entitled to payment of accrued but unpaid salary (determined under Section 3(a4(a)) to the date of termination, incurred but un-reimbursed unreimbursed appropriate business expenses as of the date of termination, and such other amounts and benefits (if any) as he may otherwise be due hereunder as of the date of termination or and under the pension and welfare (including insured welfare) benefit plans in which he is then a participant.