Common use of Voluntary Termination by the Company Clause in Contracts

Voluntary Termination by the Company. At the election of the Company, without Cause, upon 30 days prior written notice by the Company to the Executive; provided, however, that, in lieu of such notice, the Company at its option may elect to relieve the Executive of his duties immediately and continue to pay the Executive his regular compensation and benefits during such 30-day period.

Appears in 3 contracts

Samples: Employment Agreement (Implant Sciences Corp), Employment Agreement (Implant Sciences Corp), Employment Agreement (Implant Sciences Corp)

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Voluntary Termination by the Company. At the election of the Company, without Cause, at any time upon 30 days prior written notice by the Company to the Executive or by Executive; provided, however, that, in lieu of such notice, the Company at its option may elect to relieve the Executive of his duties immediately and continue to pay the Executive his regular compensation and benefits during such 30-day period.

Appears in 2 contracts

Samples: Employment Agreement (IndiePub Entertainment, Inc.), Employment Agreement (IndiePub Entertainment, Inc.)

Voluntary Termination by the Company. At the election of the Company, without Cause, at any time upon 30 days days’ prior written notice by the Company to the Executive; provided, however, that, in lieu of such notice, the Company at its option may elect to relieve the Executive of his duties immediately and continue to pay the Executive his regular compensation and benefits during such 30-day period.

Appears in 1 contract

Samples: Employment Agreement (BioHorizons, Inc.)

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Voluntary Termination by the Company. At the election of the Company, without Cause, upon 30 thirty days prior written notice by the Company to the Executive; provided, however, that, in lieu of such notice, the Company at its option may elect to relieve the Executive of his duties immediately and continue to pay the Executive his regular compensation and benefits during such 30thirty-day period.

Appears in 1 contract

Samples: Employment Agreement (Implant Sciences Corp)

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