Common use of Termination by Executive Without Cause Clause in Contracts

Termination by Executive Without Cause. Executive may terminate his employment without cause by giving the Company thirty (30) days written notice of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata to the date of his termination. All other salary and benefits will cease on the date of Executive’s termination. At its option, the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his termination.

Appears in 4 contracts

Samples: Employment Agreement (Central Garden & Pet Co), Employment Agreement (Central Garden & Pet Co), Employment Agreement (Central Garden & Pet Co)

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Termination by Executive Without Cause. Executive may terminate his Executive’s employment pursuant to this Agreement without cause any reason by giving notice to the Company Company. Executive agrees to use Executive’s best efforts to provide at least thirty (30) days days’ written notice of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata to the date of his termination. All other salary and benefits will cease on the date of Executive’s termination. At its optionCompany, provided that the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his terminationsuch notice and Executive’s employment shall be deemed immediately terminated without Good Reason by Executive.

Appears in 2 contracts

Samples: Form of Executive Employment Agreement (AV Homes, Inc.), Executive Employment Agreement (AV Homes, Inc.)

Termination by Executive Without Cause. Executive may terminate his employment without cause by giving the Company thirty ninety (3090) days written notice of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata to the date of his termination. All other salary and benefits will cease on the date of Executive’s termination. At its option, the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his termination.

Appears in 2 contracts

Samples: Employment Agreement (Central Garden & Pet Co), Employment Agreement (Central Garden & Pet Co)

Termination by Executive Without Cause. Executive may terminate this Agreement and his employment with the Company without cause by giving the Company upon thirty (30) days prior written notice of terminationto the Company. If Executive terminates may be required to perform his employment without cause under this section, he job duties and will receive only be paid his salary and benefits earned pro rata regular compensation up to the date of his termination. All other salary and benefits will cease on the date of Executive’s termination. At its optionthe option of the Company, the Company may require Executive to immediately terminate employment upon receiving said thirty (30) days’ notice from Executive of the termination of this Agreement. In such event, the Company will pay to Executive his salary and benefits provided in this Agreement through the effective date an amount equal to thirty (30) calendar days of his written notice of termination and immediately accept his terminationBase Salary.

Appears in 1 contract

Samples: Employment Agreement (Vicor Technologies, Inc.)

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Termination by Executive Without Cause. Executive may terminate his employment without cause by giving the Company thirty (30) days written notice of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata to the date of his termination. All other salary and benefits will cease on the date of Executive’s 's termination. At its option, the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his termination.

Appears in 1 contract

Samples: Employment Agreement (Central Garden & Pet Co)

Termination by Executive Without Cause. The Executive may terminate his employment without cause hereunder at any time by giving providing the Company thirty (30) days written with at least 30 days’ notice in writing to that effect. The Executive will solely be entitled to receive the full amount of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata the Salary due through to the date of his termination. All other salary Termination Date, vacation pay and benefits will cease on reimbursable expenses accrued and unpaid to the date of Executive’s termination. At its option, the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his terminationTermination Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Green Carbon Technologies Corp.)

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