Common use of Voluntary Termination Clause in Contracts

Voluntary Termination. The Executive may upon at least sixty (60) days' prior written notice to the Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled to receive the Executive's Base Salary through the date of termination.

Appears in 10 contracts

Samples: Employment Agreement (Universal Compression Inc), Employment Agreement (Universal Compression Holdings Inc), Employment Agreement (Universal Compression Holdings Inc)

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Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination.

Appears in 10 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the date of termination. Employer may appropriately adjust Executive’s duties upon notice of such termination.

Appears in 7 contracts

Samples: Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the date of termination. Employer may appropriately adjust Executive's duties upon notice of such termination.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Voluntary Termination. The Executive may terminate this Agreement ---------------------- upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the date of termination. Employer may appropriately adjust Executive's duties upon notice of such termination.

Appears in 6 contracts

Samples: 3 Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the effective date of terminationthe voluntary termination (the “Accrued Obligations and Other Benefits”).

Appears in 3 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 60 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employers, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the effective date of terminationthe voluntary termination (the “Accrued Obligations and Other Benefits”).

Appears in 3 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

Voluntary Termination. The Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated by the Executive may upon at least sixty (60) days' for any reason by giving no less than 90 days prior written notice notice. The Company shall not be responsible for any further compensation of any kind to the Company Executive beyond 90 days from the date the Executive provides notice of his intent to terminate his employment hereunder. Upon a unless the voluntary termination the Executive is with Good Reason, in which case Section 6(b) shall be entitled to receive the Executive's Base Salary through the date of terminationapply.

Appears in 3 contracts

Samples: Employment Agreement (Heritage Insurance Holdings, Inc.), Employment Agreement (Heritage Insurance Holdings, Inc.), Employment Agreement (Heritage Insurance Holdings, Inc.)

Voluntary Termination. The This Agreement may be terminated by Executive may upon at Executive's discretion by providing at least sixty thirty (6030) days' days prior written notice to Company. I n the event of termination by Executive pursuant to this subsection, Company may immediately relieve Executive of all duties and immediately terminate employment hereunder. Upon a voluntary this Agreement, provided that Company shall pay Executive at the then applicable base salary rate to the termination the Executive shall be entitled to receive the date included in Executive's Base Salary through the date of terminationoriginal termination notice.

Appears in 3 contracts

Samples: Executive Employment Agreement (IIM Global Corp), Executive Employment Agreement (IIM Global Corp), Executive Employment Agreement (IIM Global Corp)

Voluntary Termination. The This Agreement may be voluntarily terminated by Executive may upon at least sixty on not less than thirty (6030) days' prior written notice to the Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled to receive the Executive's Base Salary through the date of terminationCompany.

Appears in 3 contracts

Samples: Employment Agreement (Luckwel Pharmaceuticals Inc.), Employment Agreement (Luckwel Pharmaceuticals Inc.), Employment Agreement (Luckycom Inc)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty (60) days' not less than 90 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination the NBTB, in which event Executive shall be entitled to receive the Executive's Base Salary compensation and benefits earned or accrued through the effective date of terminationtermination (the “Termination Date”).

Appears in 3 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

Voluntary Termination. The Executive may upon at least sixty (60) days' prior elect to terminate this Agreement by delivering written notice to the Company terminate employment hereundersixty (60) days prior to the date on which termination is elected. Upon a voluntary termination If the Executive shall be entitled voluntarily terminates his employment the Company will have no further obligations to receive make payments under this Agreement, except that the Executive's Company will pay to the Executive any unpaid accrued Base Salary through the date of terminationvoluntary termination of employment. The Executive will not be entitled to any Annual Bonus or Long Term Incentive Bonus payments other than those becoming due and payable prior to the voluntary termination date.

Appears in 3 contracts

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/)

Voluntary Termination. The This Agreement may be terminated by Executive may upon at Executive's discretion, by providing at least sixty thirty (6030) days' days prior written notice to Company. In the event of termination by Executive pursuant to this subsection, Company may immediately relieve Executive of all duties and immediately terminate employment hereunder. Upon a voluntary this Agreement, provided that Company shall pay Executive at the then applicable base salary rate to the termination the Executive shall be entitled to receive the date included in Executive's Base Salary through the date of terminationoriginal termination notice.

Appears in 2 contracts

Samples: Employee Employment Agreement (ID Global Solutions Corp), Executive Employment Agreement (ID Global Solutions Corp)

Voluntary Termination. The Executive may upon at least sixty (60) days' prior written notice to the Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled to receive the Executive's Base Salary base salary through the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Universal Compression Holdings Inc), Employment Agreement (Universal Compression Inc)

Voluntary Termination. The Executive may upon at least sixty (60) days' prior elect to terminate this Agreement by delivering written notice to the Company terminate employment hereunderthirty (30) days prior to the date on which termination is elected. Upon a voluntary termination If the Executive shall be entitled voluntarily terminates his employment the Company will have no further obligations to receive make payments under this Agreement, except that the Executive's Company will pay to the Executive any unpaid and accrued Base Salary through the date of voluntary termination of employment with fifteen (15) days of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Healthsport, Inc.), Employment Agreement (Healthsport, Inc.)

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Voluntary Termination. The This Agreement may be terminated upon the Executive may upon at least sixty (60) days' prior giving a 30-day advance written notice to the Company terminate employment hereunderat any time during the Term or the Executive's death or incapacity (each, a "Voluntary Termination"). Upon In the event of a voluntary termination Voluntary Termination, the Executive shall be entitled to receive the Executive's any Base Salary earned and unreimbursed business expenses incurred through the date of terminationthe termination of the Executive's employment with the Company. The Executive shall not be entitled to any Bonus, severance payment or other or additional payments under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Business Development Solutions, Inc.)

Voluntary Termination. The Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated by the Executive may upon at least sixty (60) days' for any reason by giving no less than 90 days prior written notice notice. The Company shall not be responsible for any further compensation of any kind to the Company Executive beyond 90 days from the date the Executive provides notice of her intent to terminate her employment hereunder. Upon a unless the voluntary termination the Executive is with Good Reason, in which case Section 6(b) shall be entitled to receive the Executive's Base Salary through the date of terminationapply.

Appears in 1 contract

Samples: Employment Agreement (Heritage Insurance Holdings, Inc.)

Voluntary Termination. The Executive may upon at least sixty (60) days' prior written notice to the Company terminate employment hereunder. Upon a voluntary termination If the Executive voluntarily terminates this Agreement and his employment as provided in Section 2 above or at any other time upon ninety (90) days advance written notice, the Term of Agreement shall be entitled terminate immediately thereafter and the Corporation shall pay the Executive or his beneficiary such compensation as is set forth in Sections 8.1(a)(i) and 8.1(a)(ii) herein as well as an amount equal to receive one-twelfth (1/12th) of his base salary in effect at the Executive's Base Salary through the date time of termination.

Appears in 1 contract

Samples: Employment Agreement (Broadband Technologies Inc /De/)

Voluntary Termination. (i) The employment of the Executive may under this Agreement shall terminate upon at least sixty (60) days' prior receipt by the Board of a written notice to the Company terminate employment hereunder. Upon a voluntary termination of resignation signed by the Executive shall be entitled to receive the Executive's Base Salary through or, if no notice is given, on the date of terminationon which the Executive voluntarily terminates his employment relationship with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Pharmaceutical Partners Inc /De/)

Voluntary Termination. The Executive may terminate this Amended Agreement upon at least sixty (60) days' not less than 30 days prior written notice delivered to the Company terminate employment hereunder. Upon a voluntary termination Employer, in which event the Executive shall be entitled only to receive the Executive's Base Salary compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination.

Appears in 1 contract

Samples: Employment Agreement (WSB Holdings Inc)

Voluntary Termination. The Executive may terminate this Agreement upon at least sixty delivery to the Company of not less than thirty (6030) days' prior written notice of the Executives desire to so terminate. In the Company terminate employment hereunder. Upon event of a voluntary termination by the Executive, in addition to any amounts payable to the Executive as provided in Section 11.7 herein, the Company shall be entitled obligated to receive pay the Executive's Executive any unpaid Base Salary through the date of terminationtermination and the Bonus, if any, as determined by the Board of Directors. Amounts payable under this Section 7.4 shall be payable at the times and intervals set forth in Sections 3.1 and 3.2 hereof.

Appears in 1 contract

Samples: Employment Agreement (Alliance Entertainment Corp)

Voluntary Termination. The Executive may upon at least sixty (60) days' prior elect to terminate this Agreement by delivering written notice to the Company terminate employment hereundersixty (60) days prior to the date on which termination is elected. Upon a voluntary termination If the Executive shall be entitled voluntarily terminates his employment the Company will have no further obligations to receive make payments under this Agreement, except that the Executive's Company will pay to the Executive any unpaid accrued Base Salary through the date of terminationvoluntary termination of employment. The Executive will not be entitled to any annual bonus or long-term incentive bonus payments other than those earned or becoming due and payable prior to the voluntary termination date.

Appears in 1 contract

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/)

Voluntary Termination. The Prior to any other termination of this Agreement, the Executive may upon at least sixty may, on sixty- (60) days' day's prior written notice to the Company given at any time, terminate his employment hereunderwith the Company. Upon a voluntary termination such termination, the Company shall pay the Executive shall be entitled to receive the Executive's his Base Salary at such time pursuant to Section 3(a) through the date of terminationsuch termination of employment (which shall include any vested and accrued but unused vacation time).

Appears in 1 contract

Samples: Employment Agreement (Eautoclaims Com Inc)

Voluntary Termination. The This Agreement may be voluntarily terminated by Executive may upon at least sixty on not less than thirty (6030) days' days prior written notice to the Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled to receive the Executive's Base Salary through the date of terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (Luckycom Pharmaceuticals Inc.)

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