Common use of Termination by Executive for Other than Good Reason Clause in Contracts

Termination by Executive for Other than Good Reason. If Executive shall desire to terminate his employment hereunder for other than Good Reason, he shall first give Company not less than ninety (90) days prior written notice of termination. Upon a termination of Executive's employment with Company under this Section 6(e), the effective date of termination shall be the date set forth in executive's resignation notice (assuming such date is in compliance with the notice provisions of this Section 6(e)) or an earlier date after Company's receipt of such notice as determined by Company, in its sole discretion, but not earlier than the date on which Company learned of Executive's decision to terminate his employment for other than Good Reason.

Appears in 3 contracts

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

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Termination by Executive for Other than Good Reason. If Executive shall desire to terminate his employment hereunder for other than Good Reason, he shall first give Company not less than ninety thirty (9030) days prior written notice of termination. Upon a termination of Executive's employment with Company under this Section 6(e), the effective date of termination shall be the date set forth in executive's resignation notice (assuming such date is in compliance with the notice provisions of this Section 6(e)) or an earlier date after Company's receipt of such notice as determined by Company, in its sole discretion, but not earlier than the date on which Company learned of Executive's decision to terminate his employment for other than Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Gigabeam Corp)

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