Termination by the Company or Executive. The Company may terminate the employment of Executive, with or without Cause, at any time upon giving “Notice of Termination” (as defined below). Executive may terminate Executive’s employment at any time, for any reason, upon giving Notice of Termination.
Termination by the Company or Executive. (a) During the one (1) year period after the Effective Date, this Agreement may not be voluntarily terminated by either party except pursuant to Section 7.2, 7.3 or 7.4 below.
Termination by the Company or Executive. Executive or the Company may terminate this Agreement at will, for any reason, or for no reason at all, upon six (6) months prior written notice.
Termination by the Company or Executive. (a) Executive’s employment hereunder may be terminated by either the Company or the Executive, for any or no reason. Upon termination, Executive shall be entitled to receive:
Termination by the Company or Executive. Either party may voluntarily terminate this Agreement with thirty (30) days prior written notice.
Termination by the Company or Executive. (a) The Company may terminate Executive's employment at any time prior to expiration of the Stated Term without any breach of this Agreement only upon written notice to Executive as provided in any of clauses (a)(i), (ii), (iii) and (iv) of this Section 7.
Termination by the Company or Executive. (i) The Company may terminate Executive's employment hereunder with "
Termination by the Company or Executive. EMPLOYMENT AGREEMENT – XXX XXX (XXXXX) XXX 2
Termination by the Company or Executive. Within One Year after a Change of Control. If a Change of Control shall occur during the Term and any of the following shall occur: (i) the Executive’s employment hereunder is terminated by the Company during the period commencing on the effective date of the Change of Control and ending one year thereafter other than for Cause or as a result of the Executive’s death or Disability, (ii) during such one-year period Executive’s base salary is reduced by the Board of Directors or the Compensation Committee below the amount of Executive’s base salary as in effect immediately prior to the effective date of the Change of Control and, within one month after such reduction, Executive terminates this Agreement, or (iii) at any time during such one-year period neither J. Xxxxx Xxxxx nor Xxxx X. Xxxxxxx holds the position of Chief Executive Officer (or if there is no position of Chief Executive Officer, then neither holds the position of President) or equivalent position (in the case of a legal entity that is not a corporation) of the Company or any successor company to the Company resulting from the Change of Control and, within one month after such time, Executive terminates this Agreement; then in any such event the Company will pay the amount and make available the benefits specified below:
Termination by the Company or Executive. During the first one (1) year period after the Effective Date (i.e., through 11:59 p.m. on February 6, 2017), this Agreement may not be voluntarily terminated by either party except by the Company for the reasons provided in Sections 7.2, 7.3 and 7.4 below. However, the Board of Directors of the Company may alter the responsibilities of the Executive to other senior-level functions at any time during this period. In the event the Company does not advise the Executive that this Agreement will not automatically renew at least 90 days prior to the expiration of the one (1) year period ending at 11:59 p.m. on February 6, 2017, and therefore the Agreement renews for another one (1) year period ending on February 6, 2018, during that one year period from February 7, 2017 to February 6, 2018 and during any successive term of this Agreement, either the Company or the Executive may terminate this Agreement at any time, for any reason, with or without Cause as defined in Section 7.4, with the understanding that the terminating party will endeavor to provide at least sixty (60) days’ notice prior to such termination (except in the event of a termination by the Company for Cause as defined in Section 7.4) and with the acknowledgment that any such termination shall not be considered a breach of this Agreement.
