Common use of Termination of Employment by Executive Clause in Contracts

Termination of Employment by Executive. Executive may terminate his own employment with the Company with or without cause upon thirty (30) days prior written notice to the Company. Executive shall be required to perform Executive’s job duties and will be paid his base salary through his last date of employment. At the option of the Company, the Company may require Executive to terminate employment at any time during the thirty (30) day notice period. In such event, Company will pay Executive his base salary for the remainder of the thirty (30) day notice period. Executive shall, in addition, receive his pro-rated auto allowance through his last date of employment as well as a pro-rated bonus, if any, earned under the terms of the Management Incentive Plan. Executive shall not be entitled to any other payments or benefits of any kind except as provided in applicable benefit plan documents, stock option and/or restricted stock agreements, or pursuant to the penultimate sentence of Section 14 hereof.

Termination of Employment by Executive. Executive may terminate his own employment with the Company with or without cause upon thirty (30) days prior written notice to the Company. Executive shall be required to perform Executive’s job duties and will be paid his base salary through his last date of employment. At the option of the Company, the Company may require Executive to terminate employment at any time during the thirty (30) day notice period. In such event, Company will pay Executive his base salary for the remainder of the thirty (30) day notice period. Executive shall, in addition, receive his pro-rated auto allowance through his last date of employment as well as a pro-rated bonus, if any, earned under the terms of the Management Incentive Plan. Executive shall not be entitled to any other payments or benefits of any kind except as provided in applicable benefit plan documents, stock option and/or restricted stock agreements, or pursuant to the penultimate sentence of Section 14 hereof.

Termination of Employment by Executive. Executive may terminate his own employment with the Company with or without cause upon thirty (30) days prior written notice to the Company. Executive shall be required to perform Executive’s 's job duties and will be paid his base salary through his last date of employment. At the option of the Company, the Company may require Executive to terminate employment at any time during the thirty (30) day notice period. In such event, Company will pay Executive his base salary for the remainder of the thirty (30) day notice period. Executive shall, in addition, receive his pro-rated auto allowance through his last date of employment as well as a pro-rated bonus, if any, earned under the terms of the Management Incentive Plan. Executive shall not be entitled to any other payments or benefits of any kind except as provided in applicable benefit plan documents, stock option and/or restricted stock agreements, or pursuant to the penultimate sentence of Section 14 hereof.

Termination of Employment by Executive. Executive may terminate his own Executive's employment with the Company with or without cause upon thirty (30) days prior written notice to the Company. Executive shall be required to perform Executive’s 's job duties and will be paid his Executive's base salary through his last date of employment. At the option of the Company, the Company may require Executive to terminate employment at any time during the thirty (30) day notice period. In such event, Company will pay Executive his base salary for the remainder of the thirty (30) day notice period. Executive shall, in addition, receive his pro-rated auto allowance through his last date of employment as well as a pro-rated bonus, if any, earned under the terms of the Management Incentive Plan. Executive shall not be entitled to any other payments or benefits of any kind except as provided in applicable benefit plan documents, stock option and/or restricted stock agreements, or pursuant to the penultimate sentence of Section 14 hereof.