Common use of Termination Without Cause; Resignation for Good Reason Clause in Contracts

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding any other provision of this Section 5, (i) the Company, upon thirty (30) days advance notice to Executive, shall have the right to terminate Executive's employment with the Company without Cause at any time, including, without limitation, in connection expiration of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason.

Appears in 8 contracts

Samples: Employment Agreement (Photronics Inc), Employment Agreement (Photronics Inc), Employment Agreement (Photronics Inc)

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Termination Without Cause; Resignation for Good Reason. The Company shall pay the Executive and provide to the Executive (iand his dependents, where applicable), the amounts and benefits set forth in this Section 5(c) Notwithstanding any other provision if, during the term of this Section 5Agreement, either (ix) prior to a Change of Control, the Company, upon thirty (30) days advance notice to Executive, shall have the right to terminate Executive's employment with is terminated by the Company without Cause at any time, including, without limitation, in connection expiration of or the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign Executive voluntarily terminates his employment for Good Reason., or (y) within 24 months after a Change of Control, the Executive's employment is terminated by the Company without Cause or the Executive voluntarily terminates his employment for any reason:

Appears in 6 contracts

Samples: Employment Agreement (Golden State Holdings Inc), Employment Agreement (Golden State Holdings Inc), Employment Agreement (Golden State Bancorp Inc)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to Executive; provided, however, that, in the event that such notice is given, Executive shall have the right be under no obligation to terminate Executive's employment with render any additional services to the Company without Cause at any timeand shall be allowed to seek other employment. In addition, including, without limitation, in connection expiration Executive may initiate termination of employment by resigning under this Section 4(a) for Good Reason. Executive shall give the Term and (ii) Executive, upon Company not less than thirty (30) days advance days’ prior written notice to the Company, shall have the right to resign for Good Reasonof termination of such resignation.

Appears in 3 contracts

Samples: Agreement (Patient Safety Technologies, Inc), Agreement (Patient Safety Technologies, Inc), Agreement (Patient Safety Technologies, Inc)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding any other provision of this Section 5The Company may terminate the Executive’s employment hereunder Without Cause, (i) and the CompanyExecutive may terminate his employment hereunder for Good Reason, upon thirty (30) days advance notice to Executive, shall have the right to terminate Executive's employment with the Company without Cause at any time, including, without limitationprior written Notice of Termination as defined herein Section 6.d., in connection expiration of each case the Term and (ii) Executive, upon thirty (30) days advance notice to ending on the Company, shall have the right to resign for Good ReasonDate of Termination as defined herein in Section 6.e.

Appears in 2 contracts

Samples: Executive Employment Agreement (PCMT Corp), Executive Employment Agreement (Powerraise Inc)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove the Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which the Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to the Executive; provided, shall have the right to terminate Executive's employment with the Company without Cause at any timehowever, including, without limitationthat, in connection expiration of the Term and (ii) Executiveevent that such notice is given, upon thirty (30) days advance notice to the Company, Executive shall have the right to resign for Good Reason.be allowed reasonable time away from the

Appears in 1 contract

Samples: Employment Agreement (Volcano CORP)

Termination Without Cause; Resignation for Good Reason. (ia) Notwithstanding The Company may remove Executive at any other provision of this time without Cause (as defined in Section 5, 4) from the position in which Executive is employed hereunder upon not less than sixty (i60) the Company, upon thirty (30) days advance days’ prior written notice to Executive; provided, however, that, that in the event that such notice is given, Executive shall have the right be under no obligation to terminate Executive's employment with render any additional services to the Company without Cause at any timeand shall be allowed to seek other employment. In addition, including, without limitation, in connection expiration Executive may initiate a termination of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign employment by resigning under this Section 2.1 for Good ReasonReason (as defined in Section 4). Executive shall give the Company not less than 60 days’ prior written notice of such resignation.

Appears in 1 contract

Samples: Employment Agreement (RAIT Financial Trust)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove the Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which the Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to the Executive; provided, shall have the right to terminate Executive's employment with the Company without Cause at any timehowever, including, without limitationthat, in connection expiration the event that such notice is given, the Executive shall be allowed reasonable time away from the office to seek other employment. In addition, the Executive may initiate termination of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason5.

Appears in 1 contract

Samples: Employment Agreement (Volcano Corp)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove the Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which the Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to the Executive; provided, shall have the right to terminate Executive's employment with the Company without Cause at any timehowever, including, without limitationthat, in connection expiration the event that such notice is given, the Executive shall be allowed reasonable time away from the office to seek other employment. In addition, the Executive may initiate termination of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason.employment by resigning under this Section 4(a)

Appears in 1 contract

Samples: Employment Agreement (Volcano Corp)

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Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding any other provision of this Section 5, (i) the Company, upon thirty (30) days advance notice to Executive, shall have the right to terminate Executive's ’s employment with the Company without Cause at any time, including, without limitation, in connection with expiration of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Photronics Inc)

Termination Without Cause; Resignation for Good Reason. (ia) Notwithstanding The Company may remove Executive at any other provision of this time without Cause (as defined in Section 5, 4) from the position in which Executive is employed hereunder upon not less than sixty (i60) the Company, upon thirty (30) days advance days' prior written notice to Executive; provided, however, that, that in the event that such notice is given, Executive shall have the right be under no obligation to terminate Executive's employment with render any additional services to the Company without Cause at any timeand shall be allowed to seek other employment. In addition, including, without limitation, in connection expiration Executive may initiate a termination of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign employment by resigning under this Section 2.1 for Good ReasonReason (as defined in Section 4). Executive shall give the Company not less than 60 days' prior written notice of such resignation.

Appears in 1 contract

Samples: Employment Agreement (Rait Investment Trust)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding any other provision of this Section 5, (i) the Company, upon thirty (30) days advance notice to Executive, shall have the right to terminate Executive's ’s employment with the Company without Cause at any time, including, without limitation, in connection with the expiration of the Term Term, and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Photronics Inc)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove the Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which the Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to the Executive; provided, however, that, in the event that such notice is given, the Executive shall have the right be under no obligation to terminate Executive's employment with render any additional services to the Company without Cause at any time, including, without limitation, in connection expiration of the Term and (ii) Executive, upon thirty (30) days advance notice shall be allowed to the Company, shall have the right to resign for Good Reason.seek other employment. In addition,

Appears in 1 contract

Samples: Employment Agreement (Volcano CORP)

Termination Without Cause; Resignation for Good Reason. (i) Notwithstanding The Company may remove the Executive at any other provision of this Section 5, (i) time without Cause from the Company, position in which the Executive is employed hereunder upon not less than thirty (30) days advance days’ prior written notice of termination to the Executive; provided, however, that, in the event that such notice is given, the Executive shall have the right be under no obligation to terminate Executive's employment with render any additional services to the Company without Cause at any timeand shall be allowed to seek other employment. In addition, including, without limitation, in connection expiration the Executive may initiate termination of the Term and (ii) Executive, upon thirty (30) days advance notice to the Company, shall have the right to resign for Good Reason.employment by resigning under this Section 4(a)

Appears in 1 contract

Samples: Employment Agreement (Volcano CORP)

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