Common use of Employee’s Termination Clause in Contracts

Employee’s Termination. Employee may terminate his employment at any time upon (90) days prior written notice to Hauppauge. Simultaneously with such notice, Employee shall inform Hauppauge in writing as to his employment plans following the termination of his employment with Hauppauge. In the event Employee terminates his employment because, there has been: 1) a material downgrading in Employee's duties or responsibilities, 2) a permanent change in Hauppauge's principal office to a location not within 20 miles of its present locationor 3) any permanent relocation of Employee to a place of business more than 20 miles of its present location. Employee shall be entitled to the compensation provided for in Par. 2(g) upon such termination.