Common use of Termination by the Executive Without Good Reason Clause in Contracts

Termination by the Executive Without Good Reason. The Executive may terminate his employment at any time without Good Reason, upon 30 days prior written notice. During the 30-day notice period, the Executive shall remain an active Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the Company may, at its sole discretion, either place the Executive on paid leave or suspend all of his duties and powers for all or part of the applicable notice period.

Appears in 6 contracts

Samples: Employment Agreement (ONE Group Hospitality, Inc.), Employment Agreement (ONE Group Hospitality, Inc.), Employment Agreement (COMMITTED CAPITAL ACQUISITION Corp)

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Termination by the Executive Without Good Reason. The Executive may terminate his employment at for any time without reason other than Good ReasonReason upon his delivery of written notice to the Company, upon 30 days prior written notice. During in which case the 30-day notice period, the Executive shall remain an active Company employee and Date of Termination will be expected to continue to perform his duties at least thirty (30) days following the date of such notice (as specified in a satisfactory mannersuch notice); provided, and in compliance with all of the Company’s policies and procedures. Howeverhowever, that the Company may, at in its sole discretion, either place change the Executive Date of Termination to any date that occurs on paid leave or suspend all following the date of his duties such notice and powers for all or part prior to the Date of the applicable notice periodTermination specified in such notice.

Appears in 2 contracts

Samples: Employment Agreement (Clever Leaves Holdings Inc.), Amended and Restated Employment Agreement (Detwiler Kyle)

Termination by the Executive Without Good Reason. The Executive may may, on written notice to the Company, terminate his the Executive's employment at any time without Good Reasonand for any reason, upon in which event both this Agreement and the Executive's employment with the Company shall terminate on a date specified by the Executive in such notice of termination, which date shall be at least 30 days prior written notice. During after the 30-day date of delivery of such notice period, the Executive shall remain an active Company employee and will be expected of termination to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the Company may, at its sole discretion, either place the Executive on paid leave or suspend all of his duties and powers for all or part of the applicable notice period.

Appears in 2 contracts

Samples: Employment Agreement (Dawson Geophysical Co), Employment Agreement (Dawson Geophysical Co)

Termination by the Executive Without Good Reason. The Executive may terminate his employment under this Agreement without Good Reason by written notice to the Company effective thirty (30) days after receipt of such notice by the Company or at any time upon mutual agreement in writing. If the Executive terminates his employment without Good Reason, upon 30 days prior written noticehe will be entitled to receive the Accrued Amounts due him. During It shall not constitute a breach of this Agreement for the 30-day notice period, Company to suspend the duties of the Executive shall remain an active Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the Company may, at its sole discretion, either place the Executive him on paid leave or suspend all of his duties and powers for all or part of during the applicable required notice period.

Appears in 2 contracts

Samples: Employment Agreement (Oak View Bankshares, Inc.), Employment Agreement (Oak View Bankshares, Inc.)

Termination by the Executive Without Good Reason. The Notwithstanding anything to the contrary herein, the Executive may terminate his employment at any time without Good Reason, upon 30 Reason by giving the Company sixty (60) days prior advance written noticenotice of resignation. During the 30-day notice period, the Executive shall remain an active Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the The Company may, at its sole discretionany time during the notice period, either place relieve the Executive on paid leave or suspend all of his duties and powers place him on a paid leave of absence for all or part the remainder of the applicable notice period.

Appears in 1 contract

Samples: Employment Agreement (Kips Bay Medical, Inc.)

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Termination by the Executive Without Good Reason. The Executive may terminate his employment at any time without Good Reason” (as defined below), upon 30 thirty (30) days prior written notice. During the 30-day notice period, the Executive shall remain an active Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the Company may, at its sole discretion, either place the Executive on paid unpaid leave or suspend all of his duties and powers for all or part of the applicable notice period.

Appears in 1 contract

Samples: Employment Agreement (Nobilis Health Corp.)

Termination by the Executive Without Good Reason. The Executive may terminate his employment at any time without Good Reason, upon 30 days prior written notice. During the 30-day notice periodEmployment Period, the Executive shall remain an active be entitled to terminate his employment with the Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance without Good Reason by providing the Company with all at least thirty (30) days of advance written notice of such decision. Upon the Company’s policies and procedures. Howeverpresentation of such written notice by the Executive, the Company may, at its sole discretion, either place may accelerate the Executive on paid leave or suspend all of his duties and powers for all or part notice period in order to make such termination effective prior to the expiration of the applicable notice period.

Appears in 1 contract

Samples: Stock Purchase Agreement (Verus International, Inc.)

Termination by the Executive Without Good Reason. The Notwithstanding anything to the contrary herein, the Executive may terminate his employment without Good Reason at any time without Good Reason, upon 30 by giving the Company thirty (30) calendar days prior advance written noticenotice of resignation. During the 30-day notice period, the Executive shall remain an active Company employee and will be expected to continue to perform his duties in a satisfactory manner, and in compliance with all of the Company’s policies and procedures. However, the The Company may, at its sole discretionany time during the notice period, either place relieve the Executive on paid leave or suspend all of his duties and powers place him on a paid leave of absence for all or part the remainder of the applicable notice period.

Appears in 1 contract

Samples: Employment Agreement (New Generation Biofuels Holdings, Inc)

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