Common use of Date of Termination or Resignation Clause in Contracts

Date of Termination or Resignation. The date of termination of employment without Cause shall be the date specified in a written notice of termination to the Executive. Subject to the proviso to Section 5.6, the date of resignation for Good Reason shall be the date specified in the written notice of resignation from the Executive to the Company; provided, however, that no such written notice shall be effective unless the cure period specified in Section 5.6 has expired without the Company having corrected, to the reasonable satisfaction of the Executive, the event or events subject to cure. If no date of resignation is specified in the written notice from the Executive to the Company, the date of resignation shall be the first day following such expiration of such cure period.

Date of Termination or Resignation. The date of termination of employment without Cause shall be the date specified in a written notice of termination to the Executive. Subject to the proviso to Section 5.6, the The date of resignation for Good Reason shall be the date specified in the a written notice of resignation from the Executive to the Company; , or, if no date is specified therein, 10 business days after receipt by the Company of notice of resignation from the Executive, provided, however, that no such written notice shall be effective unless the cure period specified in Section 5.6 4.4 has expired without the Company having corrected, to the reasonable satisfaction of the Executive, the event or events subject to cure. If no date of resignation is specified in the written notice from the Executive to the Company, the date of resignation shall be the first day following such expiration of such cure period.