Common use of Voluntary Termination by Employee Clause in Contracts

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 7 contracts

Samples: Employment Agreement (U S Long Distance Corp), Employment Agreement (U S Long Distance Corp), Employment Agreement (Usld Communications Corp)

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Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 4 contracts

Samples: Employment Agreement (Billing Concepts Corp), Employment Agreement (Billing Concepts Corp), Employment Agreement (Ponder Industries Inc)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' days written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above)termination, Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 2 contracts

Samples: Employment Agreement (Ilex Oncology Inc), Employment Agreement (Ilex Oncology Inc)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' days written notice of resignation to the Company. In the event of such voluntary termination other than for "good reasonGood Reason," (as defined above), Employee shall be entitled to his base salary Base Salary earned PRO RATA pro rata to the date of his resignation, plus unpaid bonuses for the year prior to the year in which the termination occurs, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary Base Salary through the effective date of his resignation and terminate his employment immediately.

Appears in 2 contracts

Samples: Employment Agreement (Tesoro Petroleum Corp /New/), Employment Agreement (Tesoro Petroleum Corp /New/)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 thirty (30) days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Agreement (Billing Concepts Corp)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' days written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On , on or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Agreement (Lakota Technologies Inc)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's ’s resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.. 4.6

Appears in 1 contract

Samples: Employment Agreement (New Century Equity Holdings Corp)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 thirty (30) days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's ’s resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.. 4.6

Appears in 1 contract

Samples: Employment Agreement (New Century Equity Holdings Corp)

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Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' days written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason," (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro rata to the date of his resignation, plus unpaid bonuses for the year prior to the year in which the termination occurs, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.his

Appears in 1 contract

Samples: Employment Agreement (Tesoro Petroleum Corp /New/)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 thirty (30) days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Agreement (Billing Concepts Corp)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' written days wri en notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), Employee shall be entitled to his base salary earned PRO RATA pro fata to the date of his resignation, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Agreement (Lakota Technologies Inc)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 days' days written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (", as defined above), Employee shall be entitled to his base salary Base Salary earned PRO RATA pro rata to the date of his resignation, plus unpaid bonuses for the year prior to the year in which the termination occurs, but no base salary continuation payments or benefits continuation (except as specifically provided by the terms of an employee benefit plan of the Company). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary Base Salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Agreement (Tesoro Petroleum Corp /New/)

Voluntary Termination by Employee. Employee may terminate this Agreement at any time upon delivering 30 thirty (30) days' written notice of resignation to the Company. In the event of such voluntary termination other than for "good reason" (as defined above), termination. Employee shall be entitled to his base salary earned PRO RATA to the date of his resignation, but no base salary continuation payments payment or benefits continuation (except as specifically provided by the terms of an the Company's employee benefit plan of the Companyplans). On or after the date the Company receives notice of Employee's resignation, the Company may, at its option, pay Employee his base salary through the effective date of his resignation and terminate his employment immediately.

Appears in 1 contract

Samples: Employment Contract (Canmax Inc /Wy/)

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