Common use of Voluntary Termination Without Good Reason Clause in Contracts

Voluntary Termination Without Good Reason. Executive may voluntarily terminate his employment in writing with the Company at any time without Good Reason (as defined in section 5.5(c)(ii)) after which no further compensation will be paid to Executive, except that the Company shall provide Executive within thirty (30) days of Executive's termination those amounts and benefits specified in Section 5.1; provided, however, Executive shall not be entitled to receive any additional severance pay, pay in lieu of notice or any other such compensation, including any severance benefits provided under a Company's severance benefit plan as described above in Section 5.1(e), if any, in effect on the termination date.

Appears in 6 contracts

Samples: Key Employee Agreement (Nic Inc), Key Employee Agreement (Nic Inc), Key Employee Agreement (Nic Inc)

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Voluntary Termination Without Good Reason. Executive may voluntarily terminate his her employment in writing with the Company at any time without Good Reason (as defined in section 5.5(c)(ii)) after which no further compensation will be paid to Executive, except that the Company shall provide Executive within thirty (30) days of Executive's ’s termination those amounts and benefits specified in Section 5.1; provided, however, Executive shall not be entitled to receive any additional severance pay, pay in lieu of notice or any other such compensation, including any severance benefits provided under a Company's ’s severance benefit plan as described above in Section 5.1(e), if any, in effect on the termination date.

Appears in 2 contracts

Samples: Employee Agreement (Nic Inc), Employee Agreement (Nic Inc)

Voluntary Termination Without Good Reason. Executive may voluntarily terminate his employment in writing with the Company at any time without Good Reason (as defined in section 5.5(c)(ii)) after which no further compensation will be paid to Executive, except that the Company shall provide Executive within thirty (30) days of Executive's ’s termination those amounts and benefits specified in Section 5.1; provided, however, Executive shall not be entitled to receive any additional severance pay, pay in lieu of notice or any other such compensation, including any severance benefits provided under a Company's ’s severance benefit plan as described above in Section 5.1(e), if any, in effect on the termination date.

Appears in 2 contracts

Samples: Key Employee Agreement (Nic Inc), Key Employee Agreement (Nic Inc)

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Voluntary Termination Without Good Reason. Executive may voluntarily terminate his her employment in writing with the Company at any time without Good Reason (as defined in section 5.5(c)(ii)) after which no further compensation will be paid to Executive, except that the Company shall provide Executive within thirty (30) days of Executive's termination those amounts and benefits specified in Section 5.1; provided, however, Executive shall not be entitled to receive any additional severance pay, pay in lieu of notice or any other such compensation, including any severance benefits provided under a Company's severance benefit plan as described above in Section 5.1(e), if any, in effect on the termination date.

Appears in 1 contract

Samples: Key Employee Agreement (Nic Inc)

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