Common use of Termination by Executive Clause in Contracts

Termination by Executive. Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 8 contracts

Samples: Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc), Employment Agreement (Global Cash Access, Inc.)

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Termination by Executive. Executive's employment with the Company is at will and may be terminated by Executive may terminate his employment upon notice at any time and for any reason, or for no reason, including, but not limited to, under the following conditions. Upon any termination by Executive, Executive agrees to resign all positions, including as an officer and, if applicable, as a director or member of the Board, related to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)Company and its parents, the Company shall pay Executive all base salary due subsidiaries and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateAffiliates.

Appears in 7 contracts

Samples: Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc)

Termination by Executive. Executive may terminate his Executive’s employment upon notice with the Company at any time for any reason, including but not limited to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 7 contracts

Samples: Employment Agreement (Forescout Technologies, Inc), Employment Agreement (Forescout Technologies, Inc), Employment Agreement (Forescout Technologies, Inc)

Termination by Executive. Executive’s employment with the Company is at will and may be terminated by Executive may terminate his employment upon notice at any time and for any reason, or for no reason, including, but not limited to, under the following conditions. Upon any termination by Executive, Executive agrees to resign all positions, including as an officer and, if applicable, as a director or member of the Board, related to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)Company and its parents, the Company shall pay Executive all base salary due subsidiaries and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateAffiliates.

Appears in 7 contracts

Samples: Employment Agreement (Biotelemetry, Inc.), Employment Agreement (CardioNet, Inc.), Employment Agreement (CardioNet, Inc.)

Termination by Executive. Executive may terminate his employment upon notice with or without Good Reason, by Notice of Termination to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 5 contracts

Samples: Employment Agreement (Vishay Precision Group, Inc.), Employment Agreement (Vishay Precision Group, Inc.), Employment Agreement (Vishay Precision Group, Inc.)

Termination by Executive. The Executive may terminate his shall be entitled to resign the Executive 's employment upon notice to with the CompanyCompany at any time during the Term of this Agreement. In If the event that Executive elects to terminate his employment other than for Good Reason resigns during the Term of this Agreement: (as defined below), i) the Company shall pay to the Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) the Base Salary earned through the last day actually worked Termination Date; and thereafter (ii) the Company’s Company shall not have any further obligations to the Executive under this Agreement shall terminateexcept those required to be provided by law or under the terms of any other agreement between the Company and the Executive.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cyclo Therapeutics, Inc.), Executive Employment Agreement (Cyclo Therapeutics, Inc.), Executive Employment Agreement (Cyclo Therapeutics, Inc.)

Termination by Executive. Executive may terminate his Executive’s employment upon written notice to the Company. In the event that Executive elects to terminate his Executive’s employment for any reason other than for Good Reason (as defined belowbelow in Section 4.3), all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and the Company shall pay Executive only the following: all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) earned through the last day actually worked of Executive’s employment and thereafter all amounts and benefits earned or incurred pursuant to Section 2.3 through the Companylast day of Executive’s obligations under this Agreement shall terminateemployment.

Appears in 4 contracts

Samples: Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.)

Termination by Executive. Upon a Notice of Termination to the Company, Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), with the Company shall pay Executive all base salary due and owing and all other accrued for any reason, including but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminatenot limited to Good Reason.

Appears in 4 contracts

Samples: Executive Retention Agreement (Tyco International LTD /Ber/), Retention Agreement (Tyco International LTD /Ber/), Retention Agreement (Tyco International LTD /Ber/)

Termination by Executive. If Executive may terminate terminates his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the voluntarily Company shall promptly pay Executive all base salary Base Salary and unused vacation due and owing and all other to him as accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateof employment.

Appears in 4 contracts

Samples: Employment Agreement (Barpoint Com Inc), Employment Agreement (Barpoint Com Inc), Employment Agreement (Barpoint Com Inc)

Termination by Executive. If the Executive may shall resign or otherwise terminate his employment upon notice with the Company at any time during the term of this Agreement, the Executive shall only be entitled to receive his accrued and unpaid Salary, any declared bonus and other benefits through the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), termination date and the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s have no further obligations under this Agreement shall terminatefrom and after the date of termination.

Appears in 3 contracts

Samples: Employment Agreement (Vapor Corp.), Employment Agreement (Healthier Choices Management Corp.), Second Amended And (Healthier Choices Management Corp.)

Termination by Executive. Should the Executive decide to voluntarily terminate his employment hereunder prior to the end of the term hereof, the Executive may terminate this Agreement and his employment hereunder upon not less than 30 days’ prior written notice to the CompanyCorporation. In At any time after the event that Executive elects provides such notice, the Corporation shall be free, at its sole discretion, to terminate his the employment other than for Good Reason (of the Executive immediately so long as defined below), the Company shall it continues to pay Executive all amounts owing as annual base salary due and owing and all continue to provide the other accrued but unpaid benefits (e.g., accrued vacation) through set out hereunder for the last day actually worked and thereafter balance of the Company’s obligations under this Agreement shall terminatenotice period.

Appears in 3 contracts

Samples: Employment Agreement (Klox Technologies, Inc.), Employment Agreement (Klox Technologies, Inc.), Employment Agreement (Klox Technologies, Inc.)

Termination by Executive. The Executive's employment may be terminated during the Employment Period by the Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateany reason or no reason.

Appears in 3 contracts

Samples: Employment Agreement (Home Interiors & Gifts Inc), Employment Agreement (Home Interiors & Gifts Inc), Employment Agreement (Home Interiors & Gifts Inc)

Termination by Executive. If Executive may shall resign or otherwise terminate his employment upon notice with Company at any time during the term of this Agreement, Executive shall only be entitled to receive his accrued and unpaid Salary and all unused vacation time accrued, any declared bonus and other benefits through the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the termination date and Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s have no further obligations under this Agreement shall terminatefrom and after the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Healthier Choices Management Corp.), Employment Agreement (Healthier Choices Management Corp.)

Termination by Executive. Executive may terminate his Executive’s employment upon at any time by written notice to the Company. In the event that Executive elects terminates Executive’s employment with the Company during the Employment Term, Executive shall not be entitled to terminate his employment any additional payments or benefits hereunder, other than for Good Reason Accrued Benefits (as defined belowincluding, but not limited to, any then-vested Option Shares and other equity awards), to be paid or provided within thirty (30) days of the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Companydate Executive’s obligations under this Agreement shall terminateemployment is terminated.

Appears in 2 contracts

Samples: Executive Employment Agreement (SeqLL, Inc.), Executive Employment Agreement (SeqLL, Inc.)

Termination by Executive. Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)) in accordance with Section 4.3 or 4.4, the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 2 contracts

Samples: Employment Agreement (Saba Software Inc), Employment Agreement (Saba Software Inc)

Termination by Executive. If Executive may terminate terminates his employment upon notice to with the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay will have no further obligation to Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateexcept to pay Executive the unpaid portion, if any, of the Salary payable to Executive under Section 3.1(a) for the period through the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (International Technology Corp), Employment Agreement (International Technology Corp)

Termination by Executive. If Executive may terminate his employment upon notice to the Company. In the event that Executive voluntarily elects to terminate his employment other than for Good Reason (as defined below), with the Company by resignation for any reason prior to the end of the term of this Agreement, Executive shall not be entitled to any severance pay or benefits, except Executive all base shall be entitled to any unpaid salary due , reimbursable expenses, and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through vacation time until the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminatedate of termination.

Appears in 2 contracts

Samples: Employment Agreement (K12 Inc), Employment Agreement (K12 Inc)

Termination by Executive. Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate, subject to Section 5.4.

Appears in 2 contracts

Samples: Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.)

Termination by Executive. Prior to the Separation Date, Executive may terminate his employment upon notice to the CompanyExecutive’s employment, at any time. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)of such termination, the Company shall pay have no obligation thereafter to continue to provide to Executive all base salary due the payments and owing benefits hereunder and all other accrued but unpaid such consideration immediately shall cease (except to the extent that such payments and benefits (e.g.are required by law), accrued vacation) through including any payments and benefits Executive would be eligible for under the last day actually worked and thereafter the Company’s obligations under this Consulting Agreement shall terminatereferenced in Paragraph 1.

Appears in 1 contract

Samples: Mutual Separation Agreement and Release (Western Union CO)

Termination by Executive. If Executive may terminate terminates his employment upon notice hereunder for any reason, the Company's obligation to the Company. In Executive shall be limited to the event that Executive elects to terminate his employment payment of any unpaid Annual Salary, Additional Compensation and other than for Good Reason (as defined below)benefits, the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g.if any, accrued vacation) through up to the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateeffective date of such termination.

Appears in 1 contract

Samples: Employment and Stock Grant Agreement (Work International Corp)

Termination by Executive. During the Term or Renewal Term, Executive may terminate his Executive's employment upon written notice to the Company. In the event that Executive elects to terminate his Executive's employment for any reason other than for Good Reason (as defined belowbelow in Section 4.3), all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and the Company shall pay Executive only the following: all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) earned through the last day actually worked of Executive’s employment and thereafter all amounts and benefits earned or incurred through the Company’s obligations under this Agreement shall terminatelast day of Executive's employment.

Appears in 1 contract

Samples: Employment Agreement (Everi Holdings Inc.)

Termination by Executive. The Executive may terminate his employment upon notice to the Companyat any time. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)such case, the Company shall pay the Executive his salary (then in effect) accrued up to the date when such termination occurs, less all base salary due required and owing authorized withholdings and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminatedeductions.

Appears in 1 contract

Samples: Executive Employment Agreement (Catalina Lighting Inc)

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Termination by Executive. Executive may terminate his Executive’s employment upon written notice to the Company. In the event that Executive elects to terminate his Executive’s employment for any reason other than for Good Reason (as defined belowbelow in Section 4.3), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the of Company’s duties and obligations under this Agreement shall terminatecease as of the last day of Executive’s employment and Company shall pay Executive only the following: all base salary earned through the last day of Executive’s employment and all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s employment.

Appears in 1 contract

Samples: Employment Agreement (Global Cash Access Holdings, Inc.)

Termination by Executive. Executive may terminate his this Agreement and Executive’s employment upon notice at any time for any reason or no reason. At the time of such termination by Executive, he shall be entitled to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (receive all earned and unpaid base salary, reimbursable business and living/relocation expenses, and bonuses, all as defined below), the Company shall pay Executive all base salary due earned and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminatedate of termination.

Appears in 1 contract

Samples: Executive Employment Agreement (RMG Acquisition Corp.)

Termination by Executive. Executive may terminate his her employment upon notice to the Company. In the event that Executive elects to terminate his her employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 1 contract

Samples: Employment Agreement (Global Cash Access, Inc.)

Termination by Executive. Executive may terminate his Executive’s employment upon at any time by written notice to the Company. In the event that Executive elects terminates Executive’s employment with the Company during the Employment Term, Executive shall not be entitled to terminate his employment any additional payments or benefits hereunder, other than for Good Reason Accrued Benefits (as defined belowincluding, but not limited to, any then-vested Options, Warrants, Shares, restricted stock awards, RSUs and other equity awards), to be paid or provided within thirty (30) days of the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Companydate Executive’s obligations under this Agreement shall terminateemployment is terminated.

Appears in 1 contract

Samples: Executive Employment Agreement (SeqLL, Inc.)

Termination by Executive. Executive may resign and terminate his employment with employer for any reason whatsoever upon thirty (30) days prior written notice to the CompanyEmployer. In the event that If Executive's employment is so terminated, Employer shall be obligated to continue to pay to Executive elects his then current salary payable to terminate his employment other than for Good Reason (as defined below), the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g.Executive, accrued vacation) through up to and including the last day actually worked and thereafter the Company’s obligations under date on which Executive's employment is so terminated. Thereafter, Employer shall have no further obligation to Executive whatsoever pursuant to this Agreement shall terminateAgreement.

Appears in 1 contract

Samples: Employment Agreement (Allied Riser Communications Corp)

Termination by Executive. Executive’s employment hereunder may be terminated, without liability, by Executive may terminate his employment at any time upon not less than 30 days prior written notice from Executive to the Company. In the event that If Executive elects to terminate terminates his employment other than for Good Reason (as defined below)with the Company pursuant to this Section 6.5, the Company shall pay Executive all base salary due and owing and all other an amount equal to the portion of the Base Salary earned or accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked of his actual employment by the Company and thereafter the Company’s obligations under this Agreement shall terminateall accrued but unused vacation pay.

Appears in 1 contract

Samples: Executive Employment Agreement (C&J Energy Services, Inc.)

Termination by Executive. Executive may terminate his Executive’s employment upon written notice to the Company. In the event that Executive elects to terminate his Executive’s employment for any reason other than for Good Reason (as defined belowbelow in Section 4.3), all of the Company’s duties and obligations under this Agreement shall cease as of the Termination Date and the Company shall pay Executive only the following: all base salary due and owing earned through the Termination Date and all other accrued but unpaid amounts and benefits (e.g., accrued vacation) earned or incurred pursuant to Section 2.3 through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateTermination Date.

Appears in 1 contract

Samples: Employment Agreement (Everi Holdings Inc.)

Termination by Executive. Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)employment, the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate.

Appears in 1 contract

Samples: Employment Agreement (Saba Software Inc)

Termination by Executive. Executive may terminate his Executive’s employment hereunder at any time, upon written notice to the Chief Executive Officer of the Company. In such event, Executive shall be entitled to the event Base Salary, vacation and other benefits that have accrued prior to the effective date of termination. Executive elects shall not (except as expressly provided in clause (e) below) be entitled to terminate his employment any other than for Good Reason (as defined below)form of severance payment or other compensation, the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g.including, accrued vacation) through the last day actually worked and thereafter the Company’s obligations without limitation, any bonus compensation under this Agreement shall terminateParagraph 2.2 hereof.

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Termination by Executive. Prior to the Termination Date, Executive may terminate his Executive’s employment upon notice to the Companyat any time. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below)of such termination, the Company shall pay will have no obligation thereafter to continue to provide to Executive all base salary due the payments and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateand such consideration immediately will cease (except to the extent that such payments and benefits are required by law).

Appears in 1 contract

Samples: Agreement (Western Union CO)

Termination by Executive. Executive's employment hereunder may be terminated by Executive may terminate his employment at any time upon not less than thirty (30) days prior written notice from Executive to the Company. In the event that If Executive elects to terminate terminates his employment other than for Good Reason (as defined below)with the Company pursuant to this Section 5.5, the Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) an amount equal to the Base Salary through the last day actually worked and thereafter of his actual employment by the Company’s obligations under this Agreement shall terminate, plus any accrued but not used vacation.

Appears in 1 contract

Samples: Employment Agreement (Arqule Inc)

Termination by Executive. If Executive may terminate terminates his employment upon notice to with the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall pay will have no further obligation to Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminateexcept to pay Executive the unpaid portion, if any, of the Salary payable to Executive under Section 3.1(a) for the period through the date of termination. 8.3.

Appears in 1 contract

Samples: Employment Agreement (International Technology Corp)

Termination by Executive. If Executive may shall resign or otherwise terminate his employment upon notice with Company at any time during the term of this Agreement, Executive shall only be entitled to receive his accrued and unpaid Salary and all unused vacation time accrued , any declared bonus and other benefits through the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the termination date and Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s have no further obligations under this Agreement shall terminatefrom and after the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Vapor Corp.)

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