Notice of Resignation definition

Notice of Resignation means a notice which shall indicate the specific provision(s) in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for a resignation for Good Reason.
Notice of Resignation means a written notice of resignation addressed to the Board and sent to the Company in accordance with the provisions of Section 6.4 hereof. The Notice of Resignation shall set forth the date of resignation and state whether or not the Executive believes that the resignation is for Good Reason. In the event that the Executive believes that the resignation is for Good Reason, the Notice of Resignation shall also set forth in reasonable detail the basis of the Executive’s belief that the Executive is resigning for Good Reason, including the elements of the definition of Good Reason that the Executive believes are applicable.
Notice of Resignation means a notice which shall indicate the specific provision(s) in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for a resignation for Good Reason. The notice must be delivered to the Corporation within ninety (90) days of the initial occurrence of the event or condition alleged to constitute Good Reason. Upon delivery of such notice by the Executive, the Corporation shall have a period of twenty (20) days during which it may remedy in good faith the event or condition constituting Good Reason and the Executive’s employment shall continue in effect during such time so long as the Corporation is making diligent efforts to cure. In the event the Corporation shall remedy in good faith the event or condition constituting Good Reason, then such notice of termination shall be null and void, and the Corporation shall not be required to pay the amount due to the Executive under this Section 8(a).

Examples of Notice of Resignation in a sentence

  • An irrevocable written Notice Of Resignation and Retirement will be submitted to the Superintendent by May 15, 2013.


More Definitions of Notice of Resignation

Notice of Resignation means the notice that a registered agent sends to the business entities they represent to inform those entities that they are resigning.
Notice of Resignation means the notice that a Registered Agent sends to the Business Entities he represents to inform those Entities that he is resigning.
Notice of Resignation means a notice which indicates the Executive's voluntary resignation from his employment. After Company receives a Notice of Resignation, the Executive shall continue to be available to the Company on a part-time basis at reasonable and customary hourly rates to assist in the necessary transition.
Notice of Resignation has the meaning given such term in Section 4.1(d).
Notice of Resignation means a written notice of resignation addressed to the Board and sent by carrier service to the Company at the address set forth above (with a copy of such notice also sent to by courier service to LY BT! Holdings Corp., c/o Lightyear Capital, LLC, 3 7 0 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Xxxx Xxxxxxxx and Xxxxx Xxxx). The Notice of Resignation shall set forth the Date of Resignation and state whether or not the Executive believes that the resignation is for Good Reason. In the event that Executive believes that the resignation is for Good Reason, the Notice of Resignation shall also set forth in reasonable detail the basis of Executive's belief that Executive is resigning for Good Reason, including the elements of the definition of Good Reason that Executive believes are applicable. The "Date of Resignation'' means the date such resignation shall become effective, which date must, in any event, be at least thirty (30) days from the date the Notice of Resignation is delivered pursuant to the terms of this Section 4( d).

Related to Notice of Resignation

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Notice of Termination means a written notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.

  • Notice of Removal means a notice, under clause 17.4.5, from an Association to a Nominated Person Removing the Nominated Person.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Termination for Cause or "Cause" shall mean termination because of the Executive's personal dishonesty, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, conviction of a felony with respect to the Bank or the Company or any material breach of this Agreement. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).