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

Termination by Executive for Other than Good Reason. Executive may terminate his employment at any time for any reason other than Good Reason upon 30 days' prior written notice to the Company. Upon Executive's termination of his employment hereunder, this Agreement (other than Sections 8, 9, and 10, which shall survive) shall terminate immediately. In such event, Executive shall be entitled to receive such portion of Executive's annual salary as has been accrued to date. Executive shall be entitled to reimbursement of expenses pursuant to Section 5(f) hereof and to participate in the Company's benefit plans to the extent participation by former employees is required by law or permitted by such plans, with the expense of such participation to be as specified in such plans for former employees.

Appears in 2 contracts

Samples: Employment Agreement (American Mold Guard Inc), Employment Agreement (American Mold Guard Inc)

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Termination by Executive for Other than Good Reason. Executive may terminate his employment at any time for any reason other than Good Reason upon 30 days' prior written notice to the Company. Upon Executive's ’s termination of his employment hereunder, this Agreement (other than Sections 8, 9, and 10, which shall survive) shall terminate immediately. In such event, Executive shall be entitled to receive such portion of Executive's ’s annual salary as has been accrued to date. Executive shall be entitled to reimbursement of expenses pursuant to Section 5(f) hereof and to participate in the Company's ’s benefit plans to the extent participation by former employees is required by law or permitted by such plans, with the expense of such participation to be as specified in such plans for former employees.

Appears in 1 contract

Samples: Employment Agreement (MobilityPay Holdings, Inc.)

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Termination by Executive for Other than Good Reason. Executive may terminate his employment at any time for any reason other than Good Reason upon 30 days' prior written notice to the Company. Upon Executive's termination of his employment hereunder, this Agreement (other than Sections 8, 9, 9 and 10, which shall survive) shall terminate immediately. In such event, Executive shall be entitled to receive such portion of Executive's annual salary as has been accrued to date. Executive shall be entitled to reimbursement of expenses pursuant to Section 5(f) hereof and to participate in the Company's benefit plans to the extent participation by former employees is required by law or permitted by such plans, with the expense of such participation to be as specified in such plans for former employees.

Appears in 1 contract

Samples: Employment Agreement (Shoe Pavilion Inc)

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