Common use of Resignation by Employee Without Good Reason Clause in Contracts

Resignation by Employee Without Good Reason. The Employee shall give the Employer sixty (60) days’ notice of the resignation of the Employee’s employment hereunder and, subject to the following sentence, the Employee’s employment shall terminate on the date specified in the notice and the Employee agrees to work through such notice period. Upon receipt of the Employee’s notice of resignation, or at any time thereafter, the Employer shall have the right to elect to waive the resignation notice period in whole or in part by providing the Employee with amounts and benefits that he/she would have otherwise been entitled to for the remainder of such notice period, and if the Employer so elects, the Employee’s employment shall cease immediately upon the same. The Employee also agrees that such election by the Employer does not constitute a termination of the Employee’s employment by the Employer.

Resignation by Employee Without Good Reason. The Employee shall give the Employer sixty (60) days’ days notice of the resignation of the Employee’s employment hereunder and, subject to the following sentence, the Employee’s employment shall terminate on the date specified in the notice and the Employee agrees to work through such notice period. Upon receipt of the Employee’s notice of resignation, or at any time thereafter, the Employer shall have the right to elect to waive the resignation notice period in whole or in part by providing the Employee with amounts and benefits that he/she would have otherwise been entitled to for the remainder of such notice period, and if the Employer so elects, the Employee’s employment shall cease immediately upon the same. The Employee also agrees that such election by the Employer does not constitute a termination of the Employee’s employment by the Employer.