Common use of Voluntary Termination Without Good Reason Clause in Contracts

Voluntary Termination Without Good Reason. In the event that the Executive terminates the Executive’s employment at the Executive’s own volition prior to the expiration of the Employment Term (except as provided in Subsection 4(e) above), such termination shall constitute a “Voluntary Termination” and in such event the Executive shall be limited to the same rights and benefits as provided in connection with a termination for Due Cause under Subsection 4(c) above.

Appears in 8 contracts

Samples: Employment Agreement (Advance Auto Parts Inc), Employment Agreement (Advance Auto Parts Inc), Employment Agreement (Advance Auto Parts Inc)

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Voluntary Termination Without Good Reason. In the event that the Executive terminates the Executive’s 's employment at the Executive’s 's own volition prior to the expiration of the Employment Term (except as provided in Subsection 4(e) above), such termination shall constitute a “Voluntary Termination” and in such event the Executive shall be limited to the same rights and benefits as provided in connection with a termination for Due Cause under Subsection 4(c) above.

Appears in 1 contract

Samples: Agreement (Advance Auto Parts Inc)

Voluntary Termination Without Good Reason. In the event that If the Executive voluntarily terminates the Executive’s 's employment at during the Executive’s own volition prior to the expiration Employment Period without Good Reason as defined in Section 4(d)(ii), all obligations of the Employment Term (Company hereunder shall cease immediately, except as provided in Subsection 4(e) above), such termination shall constitute a “Voluntary Termination” and in such event that the Executive shall be limited entitled to the same rights payments and benefits as provided specified in connection with a termination Sections 4(b)(i) and 4(b)(iii) hereof. The Company shall be entitled to all available legal and/or equitable remedies for Due Cause under Subsection 4(c) aboveExecutive's breach of his obligation to remain employed by the Employer during the Employment Period.

Appears in 1 contract

Samples: Employment Agreement (Whitehall Jewellers Inc)

Voluntary Termination Without Good Reason. In the event that the Executive terminates the Executive’s 's employment at the Executive’s 's own volition prior to the expiration of the Employment Term (except as provided in Subsection 4(e) above), such termination shall constitute a "Voluntary Termination" and in such event the Executive shall be limited to the same rights and benefits as provided in connection with a termination for Due Cause under Subsection 4(c) above.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

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Voluntary Termination Without Good Reason. In the event that the Executive terminates the Executive’s employment at the Executive’s own volition prior to the expiration of the Employment Term (except as provided in Subsection 4(e) aboveabove and except for Executive’s Non-Renewal in accordance with Section 1), such termination shall constitute a “Voluntary Termination” and in such event the Executive shall be limited to the same rights and benefits as provided in connection with a termination for Due Cause under Subsection 4(c) above.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

Voluntary Termination Without Good Reason. In the event that the Executive voluntarily terminates the Executive’s employment at the Executive’s own volition without Good Reason prior to the expiration of the Employment Term (except as provided in Subsection 4(e) above)Term, such termination shall constitute a “Voluntary Termination” and in such event the Company shall pay the Executive shall be limited to the same rights and benefits Accrued Obligations. Except as provided in connection with the preceding sentence, after termination of employment due to a termination for Due Cause under Subsection 4(c) aboveVoluntary Termination, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Release Agreement (Advance Auto Parts Inc)

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