Termination or Resignation of Employment Sample Clauses

Termination or Resignation of Employment. Following the ---------------------------------------- Optionee's termination or resignation of employment with the Company or one of its subsidiaries, the Optionee may exercise Option Rights granted under this Agreement, to the extent the Optionee is entitled to do so on the date of exercise, for a period that ends on the later of (a) 30 days after the date of the Optionee's termination or resignation of employment, or (b) 30 days after the end of the period during which the non-competition covenant is in effect pursuant to Paragraph 8; provided, however, that no Option Rights granted under this Agreement may be exercised later than the expiration date described in Paragraph 3.
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Termination or Resignation of Employment. In the event of termination or resignation of employment from LCDJFS, the teleworker shall be required to promptly return any state-owned equipment, supplies, and data.
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Termination or Resignation of Employment. Following the ---------------------------------------- Optionee's termination or resignation of employment with the Company or one of its subsidiaries (other than by reason of the Optionee's death or disability), the Optionee may exercise Option Rights granted under this Agreement, to the extent the Optionee is entitled to do so on the date of exercise, for a period that ends on the later of (a) 30 days after the date of the Optionee's termination or resignation of employment or (b) 30 days after the end of the period during which the non-competition covenant is in effect pursuant to Paragraph 8. Following the Optionee's termination of employment with the Company or one of its subsidiaries as a result of the Optionee's death or disability, the Optionee (or the Optionee's legal representative) may exercise Option Rights granted under this Agreement, to the extent the Optionee is entitled to do so on the date of termination, for a period of 12 months following the date of the Optionee's termination of employment. Notwithstanding the foregoing of this Paragraph 6, no Option Rights granted under this Agreement may be exercised later than the expiration date described in Paragraph 3.
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Termination or Resignation of Employment. (a) Executive's employment may be terminated at the option of Company by notice to Executive (i) for Cause (as hereinafter defined), or (ii)
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Termination or Resignation of Employment 
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Related to Termination or Resignation of Employment

  • Resignation of Employment The Executive confirms his/her resignation of his/her employment and of his/her position as an officer of the Company effective (the “Resignation Date”). The parties hereby acknowledge and agree that the Executive’s resignation of employment constitutes a “separation from service” from the Company within the meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code of 1986, as amended (the “Code”), and Treasury Regulation Section 1.409A-1(h) (a “Separation from Service”). As of the Resignation Date, the Employment Agreement shall automatically terminate and be of no further force and effect, and neither the Company nor the Executive shall have any further obligations thereunder, except as expressly provided herein. Notwithstanding the foregoing, the Company shall be obligated to Executive for severance payments and continuation of benefits as contemplated by Section 7 of the Employment Agreement and as set forth in Section 3 below.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

  • Notice of Termination of Employment 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Termination of Employment Relationship 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:

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