Common use of Voluntary Termination Clause in Contracts

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 34 contracts

Samples: Executive Employment Agreement (Seattle Genetics Inc /Wa), Executive Employment Agreement (Seattle Genetics Inc /Wa), Executive Employment Agreement (Seattle Genetics Inc /Wa)

AutoNDA by SimpleDocs

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.. (b)

Appears in 7 contracts

Samples: Executive Employment Agreement (Seagen Inc.), Executive Employment Agreement (Seagen Inc.), Executive Employment Agreement (Seagen Inc.)

Voluntary Termination. If Executive’s 's employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation PTO accrued as of the date of Executive’s 's termination of employment and Executive’s 's benefits will be continued under the Company’s 's then existing benefit plans and policies in accordance with with, and as and if permitted by such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 4 contracts

Samples: Executive Employment Agreement (Pulmonx Corp), Executive Employment Agreement (Pulmonx Corp), Executive Employment Agreement (Pulmonx Corp)

Voluntary Termination. If the Executive’s employment terminates by Voluntary Termination, then the Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of The Company shall have the date of option, in its sole discretion, to make Executive’s termination effective at any time prior to the end of such notice period as long as the Company provides Executive with all compensation to which he would be entitled for continuing employment and Executive’s benefits will be continued through the last day of the notice period. Thereafter, all obligations of the Company under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable lawthis Agreement shall cease.

Appears in 4 contracts

Samples: Comtech International (Cogo Group, Inc.), China Fundamental Acquisition Corporation (Wowjoint Holdings LTD), Comtech Broadband (Cogo Group, Inc.)

Voluntary Termination. If Executive’s 's employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s 's termination of employment and Executive’s 's benefits will be continued under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 4 contracts

Samples: Employment Agreement (Seattle Genetics Inc /Wa), Employment Agreement (Seattle Genetics Inc /Wa), Employment Agreement (Sina Com)

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. , Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 2 contracts

Samples: Executive Employment Agreement (Legion M Entertainment, Inc.), Executive Employment Agreement (Legion M Entertainment, Inc.)

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. , Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 1 contract

Samples: Executive Employment Agreement (Legion M Entertainment, Inc.)

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with to the extent required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (Zhaopin LTD)

AutoNDA by SimpleDocs

Voluntary Termination. If the Executive’s employment terminates by Voluntary TerminationTermination under Section 10(a)(iii), then the Executive shall not be entitled to receive payment of any severance benefits. The Executive will receive payment(s) payment for all salary and unpaid vacation accrued as of the date of the Executive’s termination of employment employment, and the Executive’s benefits will be continued only under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 1 contract

Samples: Employment Agreement (Brightmail Inc)

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.. (b)

Appears in 1 contract

Samples: Executive Employment Agreement (Seagen Inc.)

Voluntary Termination. If Executive’s 's employment --------------------- terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary Base Salary and unpaid unused accrued PTO and/or vacation accrued as of the date of Executive’s 's termination of employment and Executive’s 's benefits will be continued under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 1 contract

Samples: Employment Agreement (Data Critical Corp)

Voluntary Termination. If Executive’s employment terminates by Voluntary Termination, then Executive shall not be entitled to receive payment of any severance benefits. Executive will receive payment(s) for all salary and unpaid vacation accrued (subject to the provisions of subsection 3(d) above) as of the date of Executive’s termination of employment and Executive’s benefits will be continued under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with applicable law.

Appears in 1 contract

Samples: Employment Agreement (Pope Resources LTD Partnership)

Time is Money Join Law Insider Premium to draft better contracts faster.