Common use of Termination by Employee other than for Good Reason Clause in Contracts

Termination by Employee other than for Good Reason. Employee may terminate Employee’s employment hereunder without Good Reason upon thirty (30) days’ prior written notice to Employer. If Employee shall terminate his employment other than for (x) Good Reason, (y) death or (z) Disability, Employee shall have no right to receive any compensation or benefit hereunder or otherwise from any member of the Employer Group on and after the effective date of termination of employment other than (1) unpaid Base Salary earned to the date of termination of employment (which shall be paid on Employer’s next scheduled payroll date), (2) any earned but unpaid bonus then payable to Employee (which shall be paid on Employer’s next scheduled payroll date), (3) business expense reimbursement pursuant to Section 7 and (4) benefits provided pursuant to Section 6, subject to the terms and conditions applicable thereto.

Appears in 4 contracts

Samples: Employment Agreement (GNLV Corp), Employment Agreement (GNLV Corp), Employment Agreement (GNLV Corp)

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Termination by Employee other than for Good Reason. Employee may terminate Employee’s employment hereunder without Good Reason upon thirty (30) days’ prior written notice to Employer. If Employee shall terminate his her employment other than for (x) Good Reason, (y) death or (z) Disability, Employee shall have no right to receive any compensation or benefit hereunder or otherwise from any member of the Employer Group on and after the effective date of termination of employment other than (1) unpaid Base Salary earned to the date of termination of employment (which shall be paid on Employer’s next scheduled payroll date), (2) any earned but unpaid bonus then payable to Employee (which shall be paid on Employer’s next scheduled payroll date), (3) business expense reimbursement pursuant to Section 7 and (4) benefits provided pursuant to Section 6, subject to the terms and conditions applicable thereto.

Appears in 2 contracts

Samples: Employment Agreement (GNLV Corp), Employment Agreement (GNLV Corp)

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Termination by Employee other than for Good Reason. Employee may terminate Employee’s employment hereunder without Good Reason upon thirty (30) days’ prior written notice to Employer. If Employee shall terminate his employment other than for (x) Good Reason, (y) death or (z) Disability, Employee shall have no right to receive any compensation or benefit hereunder or otherwise from any member of the Employer Group on and after the effective date of termination of employment other than (1) unpaid Base Salary earned to the date of termination of employment (which shall be paid on Employer’s next scheduled payroll date), (2) any earned but unpaid bonus then payable to Employee (which shall be paid on Employer’s next scheduled payroll date), (3) business expense reimbursement pursuant to Section 7 6 and (4) benefits provided pursuant to Section 65, subject to the terms and conditions applicable thereto.

Appears in 2 contracts

Samples: Employment Agreement (GNLV Corp), Employment Agreement (GNLV Corp)

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