Termination of Employment by the Executive Sample Clauses

Termination of Employment by the Executive. During the Term, the Executive may terminate employment with the Company with or without Good Reason (as defined below) by delivering to the Company, not less than thirty (30) days prior to the Termination Date, a written notice of termination; provided, that, if such termination of employment is by the Executive with Good Reason, such notice shall state in reasonable detail the facts and circumstances that constitute Good Reason. This provision does not change the at-will nature of Executive's employment, and the Company may end Executive's employment, pursuant to Executive's notice, prior to the expiration of the thirty (30) days' notice.
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Termination of Employment by the Executive. (1) The Executive may terminate his employment for Good Reason and receive the payments and benefits specified in Section 10(f) in the same manner as if the Company had terminated his employment. For purposes of this Agreement, "Good Reason" will exist if any one or more of the following occur:
Termination of Employment by the Executive. A. Notwithstanding the provisions of Section 2 of this Agreement, the Executive may terminate this Agreement at any time by giving the Board of Directors written notice of his intent to terminate, delivered at least sixty (60) days prior to the effective date of such termination. Upon expiration of the sixty (60) day notice period (or such earlier date as may be approved by the Board of Directors), the termination by the Executive shall become effective.
Termination of Employment by the Executive. 17.1 The Executive shall have the right to terminate his employment at any time for Good Reason by immediate notice if, following submission of the written notice by the Executive to the Company detailing the events alleged to constitute Good Reason in accordance with this Clause, the Company shall have failed to cure such events within the 30 day period following submission of such notice. For purposes of this Agreement, “
Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President of Strategic Marketing and Commercialization and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).
Termination of Employment by the Executive. (a) The Executive may terminate his employment for Good Reason and receive the payments and benefits specified in Section 4.4 (a)(iii)(B)). For purposes of this Agreement, “Good Reason” will exist if any one or more of the following occur:
Termination of Employment by the Executive. Notwithstanding the provisions of Section 2 of this Agreement, the Executive may terminate this Agreement at any time by giving the Board of Directors written notice of his intent to terminate, delivered at least sixty (60) days prior to the effective date of such termination. Upon expiration of the sixty (60) day notice period (or such earlier date as may be approved by the Board of Directors), the termination by the Executive shall become effective. Upon the effective date of such termination, the Company's obligations under Sections 3, 4 and 5 of this Agreement shall immediately expire, except to the extent that the benefits described in Section 5 have vested and continue after termination under the terms of the benefit plans and programs that generally apply to executive employees serving in similar capacities with the Company.
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Termination of Employment by the Executive for Good Reason after a Change in Control or by the Company Without Cause: Non-renewal of Agreement. In the event; (i) the Executive terminates his employment for Good Reason pursuant to Section 11 hereof; or, (ii) the Company terminates the Executive's employment other than for Cause or due to a disability pursuant to Section 9 hereof; or, (iii) the Executive's employment hereunder terminates due to the non-renewal hereof following notice of such non-renewal given by the Company, then, in any such event, the Company shall be deemed to have breached this Agreement, and the Executive shall be entitled to the following:
Termination of Employment by the Executive. The Executive may terminate employment hereunder without “Good Reason” by delivering to the Company, not less than thirty (30) days prior to the Termination Date, a written notice of termination. The Executive may terminate employment hereunder for “Good Reason” by delivering to the Company not less than thirty (30) days prior to the Termination Date, a written notice of termination setting forth in reasonable detail the facts and circumstances which constitute Good Reason. For purposes of this Agreement, “Good Reason” shall mean the occurrence of any of the following events, without the express written consent of the Executive, unless such events are fully corrected in all material respects by the Company within thirty (30) days following written notification by the Executive to the Company of the occurrence of one of the following reasons: (i) the assignment to the Executive of any duties materially inconsistent with the Executive's positions, material duties, authority, responsibilities or reporting requirements with the Company; (ii) a reduction in or a material delay in payment of the Executive's total cash compensation; (iii) the Company requires the Executive to be based outside of the United States, other than on travel reasonably required to carry out the Executive's duties to the Company; or (iv) the failure of the Company to obtain the assumption in writing of its obligation to perform this Agreement by any successor to all or substantially all of the assets of the Company within fifteen (15) days after a Change in Control (as defined below). The Executive shall provide the Company with a written notice detailing the specific circumstances alleged to constitute Good Reason within thirty (30) days after the first occurrence of such circumstances, and actually terminate employment within thirty (30) days following the expiration of the Company's thirty (30)-day cure period described above. Otherwise, any claim of such circumstances as “Good Reason” shall be deemed irrevocably waived by the Executive.
Termination of Employment by the Executive. The Executive shall be entitled to terminate his Employment, by delivery of a notice of termination to the Corporation: (1) for Good Reason at any time within one hundred eighty (180) days after the facts or circumstances constituting that Good Reason first exist and are known to the Executive, (ii) in the event of his Disability, as provided in Section 14(c), or (iv) without Good Reason and other than for Disability at any time. If the Executive terminates his Employment for Good Reason, the Corporation shall pay to the Executive in a cash lump sum within five (5) business days after the date the Corporation receives the Executive's notice of termination, an amount equal to the sum of Accrued Benefits plus the Severance Payment, and shall continue to provide health insurance benefits for the Executive, his spouse and minor children (on the same terms in effect on the Termination date) for a period of three (3) years after the termination date. If the Executive terminates his Employment without Good Reason and other than for Disability, the Corporation shall pay to the Executive, in a cash lump sum within five (5) business days after the termination date, the Accrued
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