Procedure Upon Termination by Employee for Good Reason Sample Clauses

Procedure Upon Termination by Employee for Good Reason. Notwithstanding the foregoing, termination by the Employee for Good Reason shall not be effective until and unless (i) notice of intention to terminate for Good Reason has been given by the Employee within 90 days after the Employee learns of the act, failure or event constituting "Good Reason" under this Section 7.4 (which was not cured by the Company within any time period permitted for such cure above), and (ii) if the Company has commenced an arbitration in the manner prescribed below within 15 days after receipt of the Employee's notice of termination, such termination shall be effective as a termination of employment and shall be deemed a termination by Employee for "Good Reason" and Employee shall immediately be eligible to receive the payments and benefits set forth in Section 7.5 (i) and (iii) in accordance with the conditions established in Section 7.5, unless and until the arbitrator shall have determined that the termination was not for Good Reason. If the Company fails to file a demand for arbitration with the American Arbitration Association and file the requisite fees within fifteen (15) days after receipt of Employee's notice of termination for Good Reason, Employee's termination of employment from the Company shall be deemed to have been a termination by the Employee for Good Reason. If the Company files a demand for arbitration and the arbitrator rules that the Employee's termination was not for Good Reason, then Employee shall, within thirty (30) days of the issuance of such ruling, reimburse the Company for any and all monetary payments made to or on behalf of the Employee by the Company pursuant to Section 7.5(i) and (iii) hereof.
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Procedure Upon Termination by Employee for Good Reason. Notwithstanding the foregoing, termination by ▇▇▇▇▇ for Good Reason shall not be effective until and unless notice of intention to terminate for Good Reason has been given by ▇▇▇▇▇ within 30 days after ▇▇▇▇▇ learns of the act, failure or event constituting
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Procedure Upon Termination by Employee for Good Reason. Notwithstanding the foregoing, termination by ▇▇▇ for Good Reason shall not be effective until and unless notice of intention to terminate for Good Reason has been given by ▇▇▇ within 90 days after ▇▇▇ learns of the act, failure or event constituting "Good Reason" under this Section (which is not cured by the Company within any time period permitted for such cure above).
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Related to Procedure Upon Termination by Employee for Good Reason

  • Termination by Employee for Good Reason Employee may terminate Employee’s employment under this Agreement for Good Reason. For purposes of this Agreement, “Good Reason” means the occurrence of any of the following:

  • Termination by Employee with Good Reason Employee may terminate his employment with Good Reason by providing the Company thirty (30) days’ written notice setting forth with reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such thirty (30) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Employee’s termination will be effective upon the date immediately following the expiration of the thirty (30) day notice period, and Employee shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Employee’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following such termination of Employee’s employment by Employee with Good Reason, except as set forth in this Section 8(e), Employee shall have no further rights to any compensation or any other benefits under this Agreement.

  • Termination by Employee without Good Reason Employee may terminate Employee’s employment under this Agreement at any time without Good Reason, upon thirty (30) days’ prior written notice to Employer. In the event of a termination described in this Section 4(d), Employer shall pay to Employee all of Employee’s Accrued Obligations.

  • Termination by Employer for Cause Employer may terminate Employee’s employment hereunder for “Cause” upon notice to Employee. “Cause” for this purpose shall mean any of the following:

  • Termination by Executive for Good Reason The Executive may terminate employment for Good Reason. For purposes of this Agreement, “Good Reason” shall mean: