Termination of Your Employment Sample Clauses

Termination of Your Employment. In the event the Company makes an Offer of Continued Employment, you may elect to accept or decline such offer. If you accept such offer, your eligibility to receive the termination benefits set forth herein shall be extended to such date as you and the Company agree, or the date upon which the Company terminates your employment without Cause. In the event you decline the Offer of Continued Employment, you will be expected to retire on September 30, 2002, and you will be entitled to receive the termination benefits set forth herein. Assuming you retire on September 30, 2002, you will be eligible for a pay out under the 2002 Executive Annual Incentive Plan, but you will not be eligible for any further stock option grants.
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Termination of Your Employment a) You will not be entitled to any Award or P&O Bonus if, prior to payment, (1) you voluntarily terminate your employment without “Good Reason,” (2) you die, or (3) your employment is terminated for "Cause".
Termination of Your Employment. You are currently employed by the Company under the terms of an amended and restated employment agreement, dated December 16, 2009, as amended on November 4, 2011, February 3, 2012 and October 31, 2013 (your “Employment Agreement”). You hereby resign as the Company’s President and Chief Executive Officer and terminate your employment by the Company in accordance with Section 4.6 of your Employment Agreement. The Company hereby waives notice under such section and accepts your resignation. Your Employment Agreement is hereby terminated effective the date hereof, and you will no longer be entitled to any benefits thereunder. You will remain employed by the Company as an advisor until May 16, 2014 (your “Separation Date").
Termination of Your Employment. 11.1 The written notice required to terminate your employment from you (including due to your resignation) or from the Company is not less than six months. 11.2 The Company may terminate your employment without notice, and without payment or compensation in lieu of notice, for Cause (as defined in Section 11.6.6) or if: 11.2.1 you are guilty of gross misconduct (including any of the examples of gross misconduct given in our disciplinary procedure from time to time); 11.2.2 you are charged with and/or convicted of a criminal offence, other than an offence which in our opinion does not affect your position as an employee of the Company; 11.2.3 you bring the name or reputation of the Company or any other Group Company into disrepute or you prejudice the interests or business of the Company or any other Group Company;
Termination of Your Employment. 18.1 Subject to the successful completion of the Probationary Period, You are required to give the Company 90 days’ written notice of termination.
Termination of Your Employment. You will not be entitled to any severance benefit if (1) you voluntarily terminate your employment without “Good Reason,” (2) you die, or (3) your employment is terminated for "Cause". For purposes of this Severance Agreement, “Good Reason” means (i) a material reduction of more than 20% in aggregate in your salary and/or bonus opportunity, (ii) a material adverse change in your role, duties or responsibilities, (iii) reassignment to a work location more than 30 miles from your current principal place of employment, (iv) not being offered continued employment with any successor in interest to the Business, (v) declining continued employment with any successor in interest to the Business because the proposed terms of employment would trigger “Good Reason,” or (vi) any other material breach of this Severance Agreement or the Retention and Severance Award. For purposes of this Severance Agreement, "Cause" means (i) your commission of an act of dishonesty, fraud, misrepresentation, embezzlement or actua1/attempted intentional physical violence or other offensive contact against ITW, the Business, any successor in interest to the Business, or any of their respective employees, clients, or suppliers; (ii) your material breach of any of your obligations under this Severance Agreement, or any other agreement between you and ITW, the Business or any successor in interest to the Business; (iii) a material violation of the written policies of ITW, the Business or any successor in interest to the Business which is likely to cause ITW, the Business or a successor to suffer economic or reputational injury; (iv) your willful refusal to perform your essential duties for ITW or the Business or any successor in interest to the Business, or to follow the lawful written directions of ITW, the Business or any successor in interest to the Business; (v) your conviction of, or plea of no contest to, any felony or any crime involving moral turpitude; (vi) any willful act or reckless omission by you which is, or is reasonably likely to be, injurious to the financial condition or business reputation of ITW, the Business, any successor in interest to the Business, or any of their respective employees, clients, or suppliers; (viii) your inability, as a result of alcohol or drug use, to perform the essential duties and/or responsibilities of your position. Notwithstanding the foregoing, no act omission which is curable shall constitute grounds for “Cause,” unless you have receive detai...
Termination of Your Employment. 5.1 Your employment may be terminated by either party giving not less than six (6) months written notice to the other party.
Termination of Your Employment. You are currently employed by the Company under the terms of an amended and restated employment agreement, dated December 3, 2013 (your “Employment Agreement”). You shall resign as the Company’s President and terminate your employment by the Company in accordance with Section 4.6 of your Employment Agreement on December 31, 2014 (the “Separation Date”). The Company shall accept your resignation and termination of employment as of the Separation Date. Your Employment Agreement shall be terminated effective as of the Separation Date, and thereafter you will not be entitled to any benefits thereunder.
Termination of Your Employment. The Company, at its option, may terminate your employment for any reason or no reason at any time, and you, at your option, may terminate your employment for any reason or no reason at any time. Any party terminating your employment under this section shall provide the other party with written notice thereof 30 days before the date such termination shall be effective (“Termination Notice”), unless your employment is terminated by the Company for Cause (as defined in Section 10) in which case the effective date of termination will be the date of the Company’s Termination Notice, although the Company may provide a later effective date in the Termination Notice.
Termination of Your Employment. You will not be entitled to any severance benefit if (1) you voluntarily terminate your employment without “Good Reason,” (2) you die, or (3) your employment is terminated for "Cause". For purposes of this Severance Agreement, “Good Reason” means (i) a material reduction of more than 20% in aggregate in your salary and/or bonus opportunity, (ii) a material adverse