Common use of Resignation by Executive without Good Reason Clause in Contracts

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.

Appears in 27 contracts

Samples: Employment Agreement (Newtek Business Services, Inc.), Newtek Business Services (Newtek Business Services Inc), Employment Agreement (Newtek Business Services, Inc.)

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Resignation by Executive without Good Reason. The Executive may voluntarily terminate resign from employment with the Company during the term of this Agreement, Agreement without Good Reason upon at least 60 days’ thirty (30) days prior written notice to the Board of Directors, in which case provided, however, that the Bank may accelerate the Date of Termination upon receipt of written notice of the Executive’s resignation. In the event the Executive shall receive only his compensationresigns without Good Reason, vested rights, and Executive benefits up the Bank’s sole obligation under this Agreement will be to pay or provide any Accrued Obligations to the date of his termination of employmentExecutive.

Appears in 13 contracts

Samples: Employment Agreement (SR Bancorp, Inc.), Employment Agreement (VWF Bancorp, Inc.), Employment Agreement (VWF Bancorp, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate In the event of termination of the Executive’s employment with by reason of his resignation, written notice of which shall be given by him to the Company during the term of this Agreement, upon at least 60 days’ sixty days prior written notice thereto, the Company shall pay and/or provide all Accrued Benefits to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to within ten (10) days after the date of his termination (except in the case of employmentcompensation and benefits under plans, programs and arrangements, at such other time and in such manner as determined under the terms and conditions of such plans, programs and arrangements).

Appears in 10 contracts

Samples: Employment Agreement (Steinway Musical Instruments Holdings, Inc.), Employment Agreement (Steinway Musical Instruments Inc), Employment Agreement (Steinway Musical Instruments Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of DirectorsChief Executive Officer, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.. (e)

Appears in 10 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (NewtekOne, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate resign from employment with the Company during the term of this Agreement, Agreement without Good Reason upon at least 60 days’ 30 days prior written notice to the Board Board, provided, however, that the Bank may accelerate the Date of DirectorsTermination upon receipt of written notice of Executive’s resignation. In the event Executive resigns without Good Reason, in which case the Bank’s sole obligation under this Agreement will be to pay or provide to Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employmentany Accrued Obligations.

Appears in 8 contracts

Samples: Employment Agreement (Pioneer Bancorp, Inc./Md), Employment Agreement (Peapack Gladstone Financial Corp), Employment Agreement (Bogota Financial Corp.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate Executive’s employment with the Company during the term of this Agreement, without Good Reason upon at least 60 days’ ninety (90) days prior written notice to the Board of DirectorsCompany, in which case provided the Executive shall receive only his compensation, vested rights, and Executive benefits up to Company may waive the date of his termination of employmentnotice period.

Appears in 6 contracts

Samples: Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of DirectorsChief Executive Officer, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.

Appears in 5 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.

Appears in 5 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his her compensation, vested rights, and Executive benefits up to the date of his her termination of employment.

Appears in 5 contracts

Samples: Employment Agreement (Newtek Business Services, Inc.), Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services, Inc.)

Resignation by Executive without Good Reason. The Upon the date that is 30 days after Executive may voluntarily terminate gives written notice to the Company stating that Executive is resigning from his employment with the Company during for any reason other than “Good Reason” (as defined below) unless such notice period is waived by the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, Company in whole or in part (in which case the Executive such termination shall receive only his compensation, vested rights, and Executive benefits up to be effective as of the date of his termination of employment.such waiver);

Appears in 5 contracts

Samples: Executive Employment Agreement (Rural/Metro Corp /De/), Executive Employment Agreement (Rural/Metro Corp /De/), Executive Employment Agreement (Puraverde Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate resign his employment with at any time during the Term without Good Reason (defined in Section 6(h)(v)) by providing the Company during the term of this Agreement, upon at least 60 30 days’ prior written notice to the Board of Directorsnotice. If Executive resigns his employment without Good Reason, in which case the Executive shall not be entitled to receive only his compensationany severance, vested rightsbonus or other payments, except the Accrued Obligations, and the Company shall have no further obligation to Executive benefits up or liability under this Agreement by way of compensation or otherwise. If Executive’s employment is terminated pursuant to the date of this Section 6(d), Executive shall continue to be fully bound by his termination of employmentContinuing Obligations.

Appears in 3 contracts

Samples: Employment Agreement (Boot Barn Holdings, Inc.), Employment Agreement (Boot Barn Holdings, Inc.), Employment Agreement (Boot Barn Holdings, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employmentresignation without Good Reason.

Appears in 3 contracts

Samples: Newtek Business (Newtek Business Services Inc), Newtek Business Services Inc, Newtek Business Services Inc

Resignation by Executive without Good Reason. The Executive may voluntarily terminate resign from employment with the Company during the term Term of this Agreement, Agreement without Good Reason upon at least 60 days’ thirty (30) days prior written notice to the Board of Directors, in which case provided, however, that the Bank and the Company may accelerate the Date of Termination upon receipt of written notice of the Executive’s resignation. In the event the Executive shall receive only his compensationresigns without Good Reason, vested rights, the Bank’s and Executive benefits up the Company’s sole obligation under this Agreement will be to pay or provide any Accrued Obligations to the date of his termination of employmentExecutive.

Appears in 3 contracts

Samples: Employment Agreement (Fifth District Bancorp, Inc.), Employment Agreement (Fifth District Bancorp, Inc.), Employment Agreement (Fifth District Bancorp, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.

Appears in 3 contracts

Samples: Employment Agreement (Newtek Business Services Inc), Agreement (Newtek Business Services Inc), Newtek Business Services Inc

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employmentresignation without Good Reason.

Appears in 3 contracts

Samples: Escrow Agreement (Newtek Capital Inc), Employment Agreement (Newtek Business Services Inc), Employment Agreement (Newtek Capital Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Newtek Business Services Inc), Newtek Capital Inc

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.. (e)

Appears in 2 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 30 days’ prior written notice to the Board of DirectorsCEO, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.. (e)

Appears in 2 contracts

Samples: Employment Agreement (NewtekOne, Inc.), Employment Agreement (Newtek Business Services Corp.)

Resignation by Executive without Good Reason. The If Executive may voluntarily terminate employment with resigns without Good Reason, provided that Executive will be required to give the Company during the term of this Agreement, upon at least 60 days’ prior sixty (60) days advance written notice to the Board of Directorssuch resignation of Executive’s employment, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up be entitled to the date of his termination of employment.receive:

Appears in 2 contracts

Samples: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Resignation by Executive without Good Reason. The Executive may -------------------------------------------- voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, rights and Executive benefits up to the date of his termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Laser Technology Inc), Employment Agreement (Laser Technology Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate resign from employment with the Company during the term of this Agreement, Agreement without Good Reason upon at least 60 days’ 30 days prior written notice to the Board of DirectorsBoard, in which case provided, however, that the Executive shall receive only his compensation, vested rights, and Executive benefits up to Bank may accelerate the date of his termination upon receipt of employmentwritten notice of Executive’s resignation. In the event Executive resigns without Good Reason, the Bank’s sole obligation will be to pay or provide to Executive any Accrued Obligations.

Appears in 2 contracts

Samples: Employment Agreement (Rhinebeck Bancorp, Inc.), Employment Agreement (Rhinebeck Bancorp, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of DirectorsChief Executive Officer, in which case the Executive shall receive only his Executive’s compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.

Appears in 2 contracts

Samples: Employment Agreement (Newtek Business Services Corp.), Employment Agreement (Newtek Business Services Corp.)

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Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Newtek Business Services Inc), Newtek Capital Inc

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with Notwithstanding anything to the Company during the term of contrary contained in this Agreement, upon Executive may, at any time after at least 60 days’ ninety (90) days prior written notice to the Board Company, terminate voluntarily Executive’s employment hereunder. Upon receiving such notice, the Company may relieve Executive of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date some or all of his termination of employmentduties at any time during the notice period without constituting “Good Reason” for termination.

Appears in 2 contracts

Samples: Employment Agreement (Genesis Healthcare, Inc.), Employment Agreement (Genesis Healthcare, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment resign Executive’s position with the Company during the term of this Agreementfor any reason, upon at least 60 any time on thirty (30) days’ prior advance written notice notice. In the event of Executive’s resignation, Executive will be entitled to the Board of Directors, in which case the Executive shall receive only his compensationthe Standard Entitlements and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, vested rights, and Executive benefits up will not be entitled to receive the date of his termination of employmentSeverance Package described in subsection 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Kratos Defense & Security Solutions, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company and the Bank during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of DirectorsChief Executive Officer, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.. (e)

Appears in 1 contract

Samples: Employment Agreement (NewtekOne, Inc.)

Resignation by Executive without Good Reason. The If Executive may voluntarily terminate employment with resigns without Good Reason, provided that Executive will be required to give the Company during the term of this Agreement, upon at least 60 days’ prior days advance written notice to the Board of Directorssuch resignation of Executive’s employment, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up be entitled to the date of his termination of employment.receive:

Appears in 1 contract

Samples: Employment Agreement (Vivint Smart Home, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior written notice to the Board of Directors, in which case the Executive shall receive only his Executive’s compensation, vested rights, and Executive benefits up to the date of his termination Executive’s last day of employment.

Appears in 1 contract

Samples: Employment Agreement (Newtek Business Services Corp.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment resign Executive’s position with the Company during the term of this Agreementwithout Good Reason, upon at least 60 any time on thirty (30) days’ prior advance written notice notice. In the event of Executive’s resignation without Good Reason, Executive will be entitled to the Board of Directors, in which case the Executive shall receive only his compensationthe Standard Entitlements and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, vested rights, and Executive benefits up will not be entitled to receive the date of his termination of employmentSeverance Packages described in subsections 7.2 or 7.3 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Wireless Facilities Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, upon at least 60 days' prior written notice to the Board of DirectorsCompany, in which case the Executive shall receive only his compensation, vested rights, compensation and Executive benefits up to the date of his termination of employmentresignation.

Appears in 1 contract

Samples: Escrow Agreement (Newtek Capital Inc)

Resignation by Executive without Good Reason. The Executive's employment under this Agreement may be terminated by Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days’ prior without Good Reason by written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up Directors at least 60 days prior to the date of his termination of employmentsuch termination.

Appears in 1 contract

Samples: Employment Agreement (AuraSound, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate In the event of termination of the Executive’s employment with by reason of his resignation, written notice of which shall be given by him to the Company during the term of this Agreement, upon at least 60 days’ sixty (60) days prior written notice thereto, the Company shall pay and/or provide all Accrued Benefits to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, and Executive benefits up to within ten (10) days after the date of his termination (except in the case of employmentcompensation and benefits under plans, programs and arrangements, at such other time and in such manner as determined under the terms and conditions of such plans, programs and arrangements).

Appears in 1 contract

Samples: Employment Agreement (Steinway Musical Instruments Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment resign Executive's position with Company for any reason, at any time on thirty (30) days' advance written notice. In the Company during the term event of this AgreementExecutive's resignation, upon at least 60 days’ prior written notice Executive will be entitled to the Board of Directors, in which case the Executive shall receive only his compensationthe Standard Entitlements and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, vested rights, and Executive benefits up will not be entitled to receive the date of his termination of employmentSeverance Package described in subsection 7.2 above.

Appears in 1 contract

Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Executive shall receive only his compensation, vested rights, rights and Executive benefits up to the date of his termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Tangibledata Inc)

Resignation by Executive without Good Reason. The Executive may voluntarily terminate employment with the Company during the term Term of this Agreement, Agreement upon at least 60 days’ 90 days prior written notice to the Board of DirectorsBoard, in which case the Executive shall be entitled to receive only his compensationthe Base Compensation, vested rights, rights and Executive benefits up to through the date of his termination of employmentresignation without Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Emerging Vision Inc)

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