Common use of Termination of Employee Clause in Contracts

Termination of Employee. The Employee may terminate this Agreement without cause upon 120 days prior written notice to the Company. In such event, the Employee shall continue to render the services required under this Agreement and shall be paid on the regular payment dates the compensation set forth in Schedule A up to the date of termination.

Appears in 6 contracts

Samples: Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Leisure Time Casinos & Resorts Inc), Employment Agreement (Leisure Time Casinos & Resorts Inc)

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Termination of Employee. The Employee may terminate his employment under this Agreement without cause upon 120 days by giving Employer at least 10 business days' prior written notice to the Companyof such termination. In Upon such eventtermination, the Employee shall continue to render the services required under or upon termination of this Agreement and due to Employee's death or disability, Employee shall be paid on a pro rata portion of his salary determined based upon the regular payment dates the compensation set forth in Schedule A up to the date number of terminationdays Employee has worked.

Appears in 1 contract

Samples: Employment Agreement (Usol Holdings Inc)

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Termination of Employee. The This Agreement may be terminated by Employee may terminate this Agreement at any time, with or without cause upon 120 Cause, by the delivery to Company of a written notice of termination not less than 90 days prior written notice to the Companyeffective date of termination. In the event of termination by Employee, Employee will be entitled to such event, the Employee shall continue to render the services required salary and benefits as have accrued under this Agreement and shall be paid on through the regular payment dates the compensation set forth in Schedule A up to the effective date of termination, but will not be entitled to any other salary, benefits, or other compensation after such date.

Appears in 1 contract

Samples: Employment Agreement (International Isotopes Inc)

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