Common use of Voluntary Termination Clause in Contracts

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination.

Appears in 10 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

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Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days at least sixty (60) days' prior written notice delivered to the Employer, in which event Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled only to receive the compensation and benefits the Executive has earned or accrued Executive's Base Salary through the effective date of the voluntary termination.

Appears in 10 contracts

Samples: Employment Agreement (Universal Compression Holdings Inc), Employment Agreement (Universal Compression Holdings Inc), Employment Agreement (Universal Compression Inc)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination. Employer may appropriately adjust Executive’s duties upon notice of such termination.

Appears in 7 contracts

Samples: Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.), Employment Agreement (Oneida Financial Corp.)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination. Employer may appropriately adjust Executive's duties upon notice of such termination.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Voluntary Termination. The Executive may terminate this Agreement ---------------------- upon not less than 60 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination. Employer may appropriately adjust Executive's duties upon notice of such termination.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 90 days prior written notice delivered to the EmployerNBTB, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of termination (the voluntary termination“Termination Date”).

Appears in 3 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

Voluntary Termination. The Executive may elect to terminate this Agreement upon not less than 60 by delivering written notice to the Company sixty (60) days prior written notice delivered to the Employer, in date on which event termination is elected. If the Executive shall voluntarily terminates his employment the Company will have no further obligations to make payments under this Agreement, except that the Company will pay to the Executive any unpaid accrued Base Salary through the date of voluntary termination of employment. The Executive will not be entitled only to any Annual Bonus or Long Term Incentive Bonus payments other than those becoming due and payable prior to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationtermination date.

Appears in 3 contracts

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/), Employment Agreement (MTS Medication Technologies, Inc /De/)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationtermination (the “Accrued Obligations and Other Benefits”).

Appears in 3 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

Voluntary Termination. The Executive may terminate Notwithstanding anything contained in this Agreement upon not to the contrary, this Agreement may be terminated by the Executive for any reason by giving no less than 60 90 days prior written notice delivered notice. The Company shall not be responsible for any further compensation of any kind to the EmployerExecutive beyond 90 days from the date the Executive provides notice of his intent to terminate his employment unless the voluntary termination is with Good Reason, in which event the Executive case Section 6(b) shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationapply.

Appears in 3 contracts

Samples: Employment Agreement (Heritage Insurance Holdings, Inc.), Employment Agreement (Heritage Insurance Holdings, Inc.), Employment Agreement (Heritage Insurance Holdings, Inc.)

Voluntary Termination. The This Agreement may be terminated by Executive may terminate this Agreement upon not less than 60 at Executive's discretion by providing at least thirty (30) days prior written notice delivered to Company. I n the event of termination by Executive pursuant to this subsection, Company may immediately relieve Executive of all duties and immediately terminate this Agreement, provided that Company shall pay Executive at the then applicable base salary rate to the Employer, termination date included in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationExecutive's original termination notice.

Appears in 3 contracts

Samples: Executive Employment Agreement (IIM Global Corp), Executive Employment Agreement (IIM Global Corp), Executive Employment Agreement (IIM Global Corp)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days prior written notice delivered to the EmployerEmployers, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationtermination (the “Accrued Obligations and Other Benefits”).

Appears in 3 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

Voluntary Termination. The This Agreement may be voluntarily terminated by Executive may terminate this Agreement upon on not less than 60 days thirty (30) days’ prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationCompany.

Appears in 3 contracts

Samples: Employment Agreement (Luckwel Pharmaceuticals Inc.), Employment Agreement (Luckycom Inc), Employment Agreement (Luckwel Pharmaceuticals Inc.)

Voluntary Termination. The This Agreement may be terminated by Executive may terminate this Agreement upon not less than 60 at Executive's discretion, by providing at least thirty (30) days prior written notice delivered to Company. In the event of termination by Executive pursuant to this subsection, Company may immediately relieve Executive of all duties and immediately terminate this Agreement, provided that Company shall pay Executive at the then applicable base salary rate to the Employer, termination date included in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationExecutive's original termination notice.

Appears in 2 contracts

Samples: Employee Employment Agreement (ID Global Solutions Corp), Executive Employment Agreement (ID Global Solutions Corp)

Voluntary Termination. The Executive may elect to terminate this Agreement upon not less than 60 by delivering written notice to the Company thirty (30) days prior written notice delivered to the Employer, in date on which event termination is elected. If the Executive shall be entitled only voluntarily terminates his employment the Company will have no further obligations to make payments under this Agreement, except that the Company will pay to the compensation Executive any unpaid and benefits the Executive has earned or accrued Base Salary through the effective date of the voluntary termination of employment with fifteen (15) days of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Healthsport, Inc.), Employment Agreement (Healthsport, Inc.)

Voluntary Termination. The Executive may terminate this Agreement upon not less than 60 days at least sixty (60) days' prior written notice delivered to the Employer, in which event Company terminate employment hereunder. Upon a voluntary termination the Executive shall be entitled only to receive the compensation and benefits the Executive has earned or accrued Executive's base salary through the effective date of the voluntary termination.

Appears in 2 contracts

Samples: Employment Agreement (Universal Compression Holdings Inc), Employment Agreement (Universal Compression Inc)

Voluntary Termination. The Prior to any other termination of this Agreement, the Executive may terminate this Agreement upon not less than 60 days may, on thirty (30) day's prior written notice delivered to the EmployerCompany given at any time, in which event terminate his employment with the Company. Upon any such termination, the Company shall pay the Executive shall be entitled only his Base Salary at such time pursuant to the compensation and benefits the Executive has earned or accrued Section 3(a) through the effective date of the voluntary terminationsuch termination of employment.

Appears in 1 contract

Samples: Employment Agreement (RMS Titanic Inc)

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Voluntary Termination. The This Agreement may be voluntarily terminated by Executive may terminate this Agreement upon on not less than 60 thirty (30) days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (Luckycom Pharmaceuticals Inc.)

Voluntary Termination. The If the Executive may terminate voluntarily terminates this Agreement and his employment as provided in Section 2 above or at any other time upon not less than 60 ninety (90) days prior advance written notice delivered to notice, the Employer, in which event Term of Agreement shall terminate immediately thereafter and the Corporation shall pay the Executive shall be entitled only or his beneficiary such compensation as is set forth in Sections 8.1(a)(i) and 8.1(a)(ii) herein as well as an amount equal to one-twelfth (1/12th) of his base salary in effect at the compensation and benefits the Executive has earned or accrued through the effective date time of the voluntary termination.

Appears in 1 contract

Samples: Employment Agreement (Broadband Technologies Inc /De/)

Voluntary Termination. The Executive may terminate this Agreement upon delivery to the Company of not less than 60 days prior thirty (30) days' written notice delivered of the Executives desire to so terminate. In the event of a voluntary termination by the Executive, in addition to any amounts payable to the EmployerExecutive as provided in Section 11.7 herein, in which event the Company shall be obligated to pay the Executive any unpaid Base Salary through the date of termination and the Bonus, if any, as determined by the Board of Directors. Amounts payable under this Section 7.4 shall be entitled only to payable at the compensation times and benefits the Executive has earned or accrued through the effective date of the voluntary terminationintervals set forth in Sections 3.1 and 3.2 hereof.

Appears in 1 contract

Samples: Employment Agreement (Alliance Entertainment Corp)

Voluntary Termination. The Executive may elect to terminate this Agreement upon not less than 60 by delivering written notice to the Company sixty (60) days prior written notice delivered to the Employer, in date on which event termination is elected. If the Executive shall voluntarily terminates his employment the Company will have no further obligations to make payments under this Agreement, except that the Company will pay to the Executive any unpaid accrued Base Salary through the date of voluntary termination of employment. The Executive will not be entitled only to any annual bonus or long-term incentive bonus payments other than those earned or becoming due and payable prior to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationtermination date.

Appears in 1 contract

Samples: Employment Agreement (MTS Medication Technologies, Inc /De/)

Voluntary Termination. The Prior to any other termination of this Agreement, the Executive may terminate this Agreement upon not less than 60 days may, on sixty- (60) day's prior written notice delivered to the EmployerCompany given at any time, in which event terminate his employment with the Company. Upon such termination, the Company shall pay the Executive shall be entitled only his Base Salary at such time pursuant to the compensation and benefits the Executive has earned or accrued Section 3(a) through the effective date of the voluntary terminationsuch termination of employment (which shall include any vested and accrued but unused vacation time).

Appears in 1 contract

Samples: Employment Agreement (Eautoclaims Com Inc)

Voluntary Termination. The This Agreement may be terminated upon the Executive may terminate this Agreement upon not less than 60 days prior giving a 30-day advance written notice delivered to the EmployerCompany at any time during the Term or the Executive's death or incapacity (each, in which a "Voluntary Termination"). In the event of a Voluntary Termination, the Executive shall be entitled only to the compensation any Base Salary earned and benefits the Executive has earned or accrued unreimbursed business expenses incurred through the effective date of the voluntary terminationtermination of the Executive's employment with the Company. The Executive shall not be entitled to any Bonus, severance payment or other or additional payments under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Business Development Solutions, Inc.)

Voluntary Termination. (i) The employment of the Executive may terminate under this Agreement shall terminate upon not less than 60 days prior receipt by the Board of a written notice delivered to the Employer, in which event of resignation signed by the Executive shall be entitled only to or, if no notice is given, on the compensation and benefits date on which the Executive has earned or accrued through voluntarily terminates his employment relationship with the effective date of the voluntary terminationCompany.

Appears in 1 contract

Samples: Employment Agreement (American Pharmaceutical Partners Inc /De/)

Voluntary Termination. The Upon sixty (60) days' prior notice to the --------------------- Company as provided in Section 16, the Executive may voluntarily terminate this Agreement upon not less than 60 days prior written notice delivered to Agreement. The Executive's death or termination by reason of Disability during the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date term of the Agreement shall constitute a voluntary terminationtermination of employment for purposes of liability for Termination Payments and Benefits as provided in Section 9.

Appears in 1 contract

Samples: Employment Agreement (Certified Grocers of California LTD)

Voluntary Termination. The Executive may terminate Notwithstanding anything contained in this Agreement upon not to the contrary, this Agreement may be terminated by the Executive for any reason by giving no less than 60 90 days prior written notice delivered notice. The Company shall not be responsible for any further compensation of any kind to the EmployerExecutive beyond 90 days from the date the Executive provides notice of her intent to terminate her employment unless the voluntary termination is with Good Reason, in which event the Executive case Section 6(b) shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary terminationapply.

Appears in 1 contract

Samples: Employment Agreement (Heritage Insurance Holdings, Inc.)

Voluntary Termination. The Executive may terminate this Amended Agreement upon not less than 60 30 days prior written notice delivered to the Employer, in which event the Executive shall be entitled only to the compensation and benefits the Executive has earned or accrued through the effective date of the voluntary termination.

Appears in 1 contract

Samples: Employment Agreement (WSB Holdings Inc)

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