Resignation With Notice. A tenured teacher may resign at any time, except in order to accept another teaching assignment, with the concurrence of the Board or by serving thirty days’ written notice.
Resignation With Notice. If the Employee terminates his employment other than pursuant to Section 4, 5 or 7 hereof, and provided that the Employee shall have given the Company not less than 90 days' advance written notice of such termination, then the Company shall pay to the Employee a severance benefit in an amount equal to 25% of the Employee's Annual Base Salary and the Company shall have no further obligations to the Employee under this Agreement other than for those benefits provided under the Company's Retirement Income and Stock Purchase Savings Plan or those benefits, if any, which the Company is required by law to provide notwithstanding any agreement to the contrary. Promptly following such resignation, the Employee shall sell to the Company, and the Company shall repurchase at $0.10 per share, all the Restricted Shares from which restrictions shall not have been removed prior to the Date of Termination. 7.
Resignation With Notice. The Employee may, at any time during the Term, with or without cause, upon not less than 30 days' prior written notice, terminate the employment with the Employer. In such event, the Employer shall have no obligation to pay any compensation to the Employee for termination of this Agreement. If the Employee fails to serve the Employer a 30 days prior written notice pursuant to this Article 4.4(1), the Employee shall compensate the Employer for the shortfall calculated based on his/her daily salary rate. , Notwithstanding anything herein to the contrary, however, this Agreement should not be terminated by the Employee with 30 days prior written notice in the event the Employer suffers any economic losses caused by the Employee and such losses have not been fully compensated (including any outstanding training fees) by the Employee, or the Employee fails to assume his/her liabilities for breach of agreement under this Agreement.
Resignation With Notice. In consideration of the nature of the Employee’s work position at the Company, the Parties hereby agree that the Employee may cancel this Agreement by sending a ninety(90)days written notice to the Company, unless it is otherwise agreed by the Parties. The notice period mentioned above is also the “secrecy exit period” of the Employee. During the said period, the Company may place the Employee on a work position away from the Company’s confidential information, not subject to the restrictions of this Agreement. In that case, the Company is not required to pay any compensation to the Employee for the termination of this Agreement.
Resignation With Notice. If the Employee terminates his employment other than pursuant to Section 4, 5 or 7 hereof, and provided that the Employee shall have given CVI not less than 30 days’ advance written notice of such termination, then CVI shall pay to the Employee a severance benefit in an amount equal to 30 days’ of the Employee’s Annual Base Salary and CVI shall have no further obligations to the Employee under this Agreement other than for those benefits provided under CVI’s Retirement Income and Stock Purchase Savings Plan or those benefits, if any, which CVI is required by law to provide notwithstanding any agreement to the contrary. Promptly following such resignation, the Employee shall sell to TCC, and TCC shall repurchase at $0.10 per share, all the Restricted Shares from which restrictions shall not have been removed, pursuant to Section 2(d), prior to the Date of Termination.
Resignation With Notice. The Employee may at any time resign from employment with the Company with thirty (30) days written notice. If the Employee does so resign, the Company shall have no obligation to make any severance payment to the Employee in connection with the termination of this Contract. The Company is entitled to have the Employee immediately leave the Company upon its receipt of such written notice with remuneration payable to the Employee up until the date when the Employee submits such written notice.
