NO CONSTRUCTIVE TERMINATION Sample Clauses

NO CONSTRUCTIVE TERMINATION. Except in the case of a termination of the Employee's Employment which results from the Employee's death, no termination of the Employee's Employment will be effective for any purpose hereunder unless the Terminating Party delivers a Notice of Termination to the Nonterminating Party. An offer by the Employee to resign from an office or the Board or otherwise to step aside will not, whether in writing or oral, constitute a Notice of Termination by the Employee.
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NO CONSTRUCTIVE TERMINATION. No recovery of compensation as described in this Section 9 will be an event giving rise to your right to resign for “good reason” or “constructive termination” (or similar term) under any plan of, or agreement with, the Company and/or an Affiliate and you.
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NO CONSTRUCTIVE TERMINATION. You hereby agree that the Acquisition and your continued employment pursuant to the Employment Letter, as amended by this Amendment, does not constitute a Constructive Termination (as defined in the Employment Letter).
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NO CONSTRUCTIVE TERMINATION. Executive acknowledges that the foregoing amendments to the Employment Agreement do not constitute Constructive Termination of Executive's employment as that term is defined in Article VI, Section E (Constructive Termination) of the Employment Agreement.
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Related to NO CONSTRUCTIVE TERMINATION

  • Involuntary Termination in Connection with a Change in Control Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • Termination by the Executive Without Good Reason The Executive may terminate his employment on his own initiative for any reason upon 30 days’ prior written notice to the Company; provided, however, that during such notice period, the Executive shall reasonably cooperate with the Company (at no cost to the Executive) in minimizing the effects of such termination on the Company Group. Such termination shall have the same consequences as a termination for Cause under Section 6.2.

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