Common use of Notice of Voluntary Termination Clause in Contracts

Notice of Voluntary Termination. You agree that you will give Del at least one hundred twenty (120) days' notice prior to any voluntary termination of your employment hereunder. Subject to the provisions of Section 7(d), any other remaining obligations Del may have to you under this Agreement will cease as of the date your employment ends through such a voluntary termination. In its sole discretion, Del may waive the 120 days' notice and request and secure your immediate termination, at any time during the notice period, by paying you thirty (30) days' compensation at the annual base rate, initially set forth in paragraph 2 of this Agreement, in effect at the time of your voluntary termination.

Appears in 2 contracts

Samples: Letter Agreement (Del Laboratories Inc), Letter Agreement (Del Laboratories Inc)

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Notice of Voluntary Termination. You agree that you will give Del at least one hundred twenty (120) days' notice prior to any voluntary termination of your employment hereunder. Subject to the provisions of Section 7(d), any Any other remaining obligations Del may have to you under this Agreement will cease as of the date your employment ends through such a voluntary termination. In its sole discretion, Del may waive the 120 days' notice and request and secure your immediate termination, at any time during the notice period, by paying you thirty (30) days' compensation at the annual base rate, initially set forth in paragraph 2 of this Agreement, in effect at the time of your voluntary termination.

Appears in 2 contracts

Samples: Letter Agreement (Del Laboratories Inc), Letter Agreement (Del Laboratories Inc)

Notice of Voluntary Termination. You agree that you will give Del at least one hundred twenty (120) days' notice prior to any voluntary termination of your employment hereunder. Subject to the provisions of Section 7(d), any other Any and all remaining obligations Del may have to you under this Agreement will cease as of the date your employment or consultancy ends through such a voluntary termination. In its sole discretion, Del may waive the 120 days' notice and request and secure your immediate termination, at any time during the notice period, by paying you thirty (30) days' compensation at the annual base rate, initially set forth in paragraph 2 of this Agreement, in effect at the time of your voluntary termination.

Appears in 1 contract

Samples: Letter Agreement (Del Professional Products, Inc.)

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Notice of Voluntary Termination. You agree that you will give Del at least one hundred twenty (120) days' notice prior to any voluntary termination of your employment hereunder. Subject to the provisions of Section 7(d), any other Any and all remaining obligations Del may have to you under this Agreement will cease as of the date your employment or consultancy ends through such a voluntary termination. In its sole discretion, Del may waive the 120 days' notice and request and secure your immediate termination, at any time during the notice period, by paying you thirty (30) days' compensation at the annual base rate, initially set forth in paragraph 2 of this Agreement, in effect at the time of your voluntary termination.

Appears in 1 contract

Samples: Letter Agreement (Del Laboratories Inc)

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