Common use of Termination without Cause/Resignation Clause in Contracts

Termination without Cause/Resignation. The Employee’s Employment may be terminated at any time by the Company or by the Employee upon the Employee’s resignation. In the event of the termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, it is agreed that the terminating Party shall give the other Party three (3) month’s notice of such termination in accordance with Section 1(d) below; provided, however, that in the event of termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, that occurs upon, or during the twelve (12)-month period following, a Change in Control (as defined below), it is agreed that the terminating Party shall give the other Party six (6) month’s notice of such termination in accordance with Section 1(d) below. In the event of the Company’s termination of Employee’s Employment for any reason (other than a termination for Cause) or Employee’s resignation for any reason: (i) the Employee shall receive the Base Salary through the Date of Termination, reimbursement for approved but unpaid business expenses through the Date of Termination, fully earned and declared (by the board of directors of the Company) Annual Target Bonus as of the Date of Termination which was not paid yet, any other amount and/or entitlement owed to the Employee pursuant to applicable law upon such termination, and, if applicable, the separation benefits described in Section 1(g) below, and (ii) the Company shall have the right to determine whether or not the Employee will actively work during the notice period.

Appears in 3 contracts

Samples: Employment Agreement (Gamida Cell Ltd.), Employment Agreement (Gamida Cell Ltd.), Employment Agreement (Gamida Cell Ltd.)

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Termination without Cause/Resignation. The Employee’s Employment may be terminated at any time by the Company or by the Employee upon the Employee’s resignation. In the event of the termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, it is agreed that the terminating Party shall give the other Party three (3) month’s months’ notice of such termination in accordance with Section 1(d(f)(f)(d) below; provided, however, that in the event of termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, that occurs upon, or during the twelve (12)-month period following, a Change in Control (as defined below), it is agreed that the terminating Party shall give the other Party six (6) month’s months’ notice of such termination in accordance with Section 1(d(f)‎(d) below. In the event of the Company’s termination of Employee’s Employment for any reason (other than a termination for Cause) or Employee’s resignation for any reason: (i) the Employee shall receive the Base Salary through the Date of Termination, reimbursement for approved but unpaid business expenses through the Date of Termination, fully earned and declared (by the board of directors of the Company) Annual Target Bonus as of the Date of Termination which was not paid yet, any other amount and/or entitlement owed to the Employee pursuant to applicable law upon such termination, and, if applicable, the separation benefits described in Section 1(g) (f)0 below, and (ii) the Company shall have the right to determine whether or not the Employee will actively work during the notice period.

Appears in 2 contracts

Samples: Employment Agreement (Gamida Cell Ltd.), Employment Agreement (Gamida Cell Ltd.)

Termination without Cause/Resignation. The Employee’s Employment may be terminated at any time by the Company or by the Employee upon the Employee’s resignation. In the event of the termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, it is agreed that the terminating Party shall give the other Party three one (31) month’s notice of such termination in accordance with Section 1(d) below; provided, however, that in below (the event of termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause“Notice Period”), or the Employee’s resignation for any reason, that occurs upon, or during the twelve (12)-month period following, a Change in Control (as defined below), it is agreed that the terminating Party shall give the other Party six (6) month’s notice of such termination in accordance with Section 1(d) below. In the event of the Company’s termination of Employee’s Employment for any reason (other than a termination for Cause) or Employee’s resignation for any reason: (i) reason the Employee shall receive the Base Salary through the Date of Termination, reimbursement for approved but unpaid business expenses through the Date of Termination, fully earned and declared (by the board of directors of the CompanyBoard) Annual Target Bonus as of the Date of Termination which was not paid yet, any other amount and/or entitlement owed to the Employee pursuant to applicable law upon such termination, and, if applicable, the separation benefits Severance Benefits described in Section 1(g) below, and without, however, derogating from the Company’s rights under Section 3 below to terminate the Employee’s Employment without Notice Period (ii) in whole or in part, together with the Company shall have payment of Base Salary in lieu of the right part so waived), and to determine whether or not the Employee will actively attend work during the notice periodNotice Period or any part thereof.

Appears in 2 contracts

Samples: Employment Agreement (Gamida Cell Ltd.), Employment Agreement (Gamida Cell Ltd.)

Termination without Cause/Resignation. The Employee’s Employment hereunder may be terminated at any time by the Company or by the Employee upon the Employee’s resignation. In the event of the termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, it is agreed that the terminating one Party shall give the other Party three one (31) month’s notice of such termination in accordance with Section 1(d7(d) below; provided, however, that in hereunder (the event of termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause“Notice Period”), or the Employee’s resignation for any reason, that occurs upon, or during the twelve (12)-month period following, a Change in Control (as defined below), it is agreed that the terminating Party shall give the other Party six (6) month’s notice of such termination in accordance with Section 1(d) below. In the event of the Company’s termination of Employee’s Employment for any reason (other than a termination for Cause) or Employee’s resignation for any reason: (i) reason the Employee shall receive the Base Salary through the Date of Termination, reimbursement for approved but unpaid business expenses through the Date of Termination, any fully earned and declared (by the board of directors of the CompanyBoard) Annual Target Bonus as of the Date of Termination which was not paid yet, any other amount and/or entitlement owed to the Employee pursuant to applicable law upon such termination, and, if applicable, the separation benefits Severance Benefits described in Section 1(g) below7(g)(i), and without, however, derogating from the Company’s rights under Section 9 below to terminate the Employee’s Employment without Notice Period (iiin whole or in part, together with the payment of Base Salary in lieu of the part so waived) the Company shall have the right and to determine whether or not the Employee will actively attend work during the notice periodNotice Period or any part thereof.

Appears in 1 contract

Samples: Employment Agreement (Gamida Cell Ltd.)

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Termination without Cause/Resignation. The Employee’s Employment may be terminated at any time by the Company or by the Employee upon the Employee’s resignation. In the event of the termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause), or the Employee’s resignation for any reason, it is agreed that the terminating Party shall give the other Party three one (31) month’s notice of such termination in accordance with Section 1(d(7)(d) below; provided, however, that in below (the event of termination of the Employee’s Employment by the Company for any reason (other than a termination for Cause“Notice Period”), or the Employee’s resignation for any reason, that occurs upon, or during the twelve (12)-month period following, a Change in Control (as defined below), it is agreed that the terminating Party shall give the other Party six (6) month’s notice of such termination in accordance with Section 1(d) below. In the event of the Company’s termination of Employee’s Employment for any reason (other than a termination for Cause) or Employee’s resignation for any reason: (i) reason the Employee shall receive the Base Salary through the Date of Termination, reimbursement for approved but unpaid business expenses through the Date of Termination, fully earned and declared (by the board of directors of the CompanyBoard) Annual Target Bonus as of the Date of Termination which was not paid yet, any other amount and/or entitlement owed to the Employee pursuant to applicable law upon such termination, and, if applicable, the separation benefits Severance Benefits described in Section 1(g7(g)(i) below, and without, however, derogating from the Company’s rights under Section 9 below to terminate the Employee’s Employment without Notice Period (iiin whole or in part, together with the payment of the Base Salary in lieu of the part so waived) the Company shall have the right and to determine whether or not the Employee will actively attend work during the notice periodNotice Period or any part thereof.

Appears in 1 contract

Samples: Employment Agreement (Gamida Cell Ltd.)

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