Common use of Voluntary Termination by Employee Clause in Contracts

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty (60) days written notice to the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits and all options which have not vested shall be cancelled.

Appears in 6 contracts

Samples: Employment Agreement (DBS Industries Inc), Employment Agreement (DBS Industries Inc), Employment Agreement (DBS Industries Inc)

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Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Employment Agreement at any time upon sixty by giving at least ninety (6090) days written notice to Employer, with no further obligation on Employer's part under this Agreement after the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits and all options which have not vested shall be cancelledeffective date of such termination.

Appears in 4 contracts

Samples: Employment Agreement (Fpic Insurance Group Inc), Employment Agreement (Fpic Insurance Group Inc), Employment Agreement (Fpic Insurance Group Inc)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty (60) days by giving 60 days’ written notice to the Company. If Employee voluntarily terminates employmenthis employment for reasons other than Employee’s death, Employee disability, or resignation for Good Reason, he shall not be entitled to any severance benefits and all options which have not vested shall be cancelled.to:

Appears in 3 contracts

Samples: Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, The Employee may terminate this Agreement at any time upon sixty (60) at least 60 days written notice to the Company. If , after which termination the Company shall have no further liability or obligation to the Employee voluntarily terminates employment, Employee shall not for compensation hereunder except as may be entitled prescribed under the terms of any benefit plans or arrangements referred to any severance benefits and all options which have not vested shall be cancelledin Section 5.1.

Appears in 3 contracts

Samples: Employment Agreement (I Trax Com Inc), Employment Agreement (I Trax Com Inc), Employment Agreement (I Trax Com Inc)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty (60) 90 days written notice to the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits and all options which have not vested shall be cancelledbenefits.

Appears in 2 contracts

Samples: Employment Agreement (Onsite Energy Corp), Employment Agreement (Onsite Energy Corp)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty delivering thirty (6030) days days' prior written notice to the Company. If No later than the date of termination, the Company shall pay Employee voluntarily terminates employmenta lump sum equal to his base salary through the date of termination and all vacation pay accrued through the date of termination. Upon any such termination of this Agreement, Employee shall not have no further rights with respect to compensation or severance hereunder except as may be entitled to any severance benefits agreed between the Company and all options which have not vested shall be cancelledEmployee.

Appears in 1 contract

Samples: Employment Agreement (Hs Resources Inc)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty ninety (6090) days written notice to the Company, or upon written notice delivered prior to December 1st if Employee does not intend to renew this Agreement for an additional one-year term. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits, but will be entitled to receive all deferred compensation and any other benefits and all options which have not vested shall be cancelledrequired by law.

Appears in 1 contract

Samples: Employment Agreement (Digital Power Corp)

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Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement for any reason by giving Employer at any time upon sixty (60) days least 60 days' written notice to the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits and all options which have not vested shall be cancelledof termination.

Appears in 1 contract

Samples: Employment Agreement (Strouds Inc)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty ninety (6090) days written notice to the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance benefits and all options which have not vested shall be cancelledbenefits. 4.5.

Appears in 1 contract

Samples: Employment Agreement (Digital Power Corp)

Voluntary Termination by Employee. Notwithstanding anything to the contrary in this Agreement, Employee may terminate this Agreement at any time upon sixty (60) days written notice to the Company. If Employee voluntarily terminates employment, Employee shall not be entitled to any severance or other related benefits provided for herein and all options which have not vested shall be cancelled.

Appears in 1 contract

Samples: Employment Agreement (DBS Industries Inc)

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