Common use of At Executive's Option Clause in Contracts

At Executive's Option. Executive may terminate his employment upon a month’s prior written notice or by payment to the Company of an amount equal to the Base Salary in lieu of such notice under this Agreement at any time for any reason. In the event of a termination of his employment under this Agreement by Executive, he shall be entitled to the Accrued Payments.

Appears in 3 contracts

Samples: Executive Employment Agreement (Asia Green Agriculture Corp), Executive Employment Agreement (SMSA Palestine Acquistion Corp.), Executive Employment Agreement (SMSA Palestine Acquistion Corp.)

AutoNDA by SimpleDocs

At Executive's Option. Executive may terminate his employment upon a month’s prior written notice or by payment to the Company of an amount equal to the Base Salary in lieu of such notice under this Agreement at any time for any reason. In the event of a termination of his employment under this Agreement by Executive, he shall be entitled to the Accrued Payments.

Appears in 1 contract

Samples: Executive Employment Agreement (Lenco Mobile Inc.)

AutoNDA by SimpleDocs

At Executive's Option. Executive may terminate his employment upon a month’s prior written notice or by payment to the Company of an amount equal to the Base Salary in lieu of such notice under this Agreement at any time for any reasonreason upon written notice. In the event of a termination of his employment under this Agreement by Executive, he shall be entitled to the Accrued Payments.

Appears in 1 contract

Samples: Executive Employment Agreement (Lenco Mobile Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.