Common use of Termination Without Good Reason Clause in Contracts

Termination Without Good Reason. During the Employment Term, the Executive may voluntarily terminate his employment for any (or no) reason with the Company upon 30 days prior written notice. Termination is effective 30 days after the date the notice is provided to the Company. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Company.

Appears in 4 contracts

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

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Termination Without Good Reason. During The Executive may, at any time during the Employment Term, the Executive may voluntarily terminate his employment for any (or no) reason with under this Agreement by giving the Company upon 30 at least thirty (30) days prior written noticenotice of such termination. Termination is effective 30 days after In the date event of such termination, the notice is provided Company shall pay to the Company. The Company mayExecutive all Annual Salary, in its sole discretion, place the Executive on paid administrative leave annual performance bonuses and Benefits which have accrued as of the effective date of such termination but may discontinue payment of any date prior to the end of the 30-day notice period compensation or benefits accruing from and require that the Executive no longer be present on Company premises. During any after such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Companydate.

Appears in 3 contracts

Samples: Employment Agreement (Ivex Packaging Corp /De/), Employment Agreement (Ivex Packaging Corp /De/), Employment Agreement (Ivex Packaging Corp /De/)

Termination Without Good Reason. During the Employment Term, the Executive may voluntarily terminate his her employment for any (or no) reason with the Company upon 30 days prior written notice. Termination is effective 30 days after the date the notice is provided to the Company. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Company.

Appears in 3 contracts

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

Termination Without Good Reason. During the Employment Term, the The Executive may voluntarily terminate his employment for any (or no) reason with the Company at any time without "good reason" upon 30 thirty days prior written notice. Termination is notice to the Company; provided, however, the Executive's effective 30 date of termination shall be no later than sixty days after the date of notice to the notice is provided to Company unless otherwise agreed by the Company. The Company may, in its sole discretion, place In the Executive on paid administrative leave as event of any date prior to such a voluntary termination by the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leaveExecutive, the Executive is shall receive no further payments or benefits due under this Agreement from and after the effective date of termination. A voluntary termination under this Section 4(g) shall not authorized to act or speak as be deemed a representative breach of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (American Bingo & Gaming Corp), Employment Agreement (American Bingo & Gaming Corp)

Termination Without Good Reason. During the Employment Term, the The Executive may voluntarily terminate his her employment for any (or no) reason with the Company at any time without "good reason" upon 30 thirty days prior written notice. Termination is notice to the Company; provided, however, the Executive's effective 30 date of termination shall be no later than sixty days after the date of notice to the notice is provided to Company unless otherwise agreed by the Company. The Company may, in its sole discretion, place In the Executive on paid administrative leave as event of any date prior to such a voluntary termination by the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leaveExecutive, the Executive is shall receive no further payments or benefits due under this Agreement from and after the effective date of termination. A voluntary termination under this Section 4(g) shall not authorized to act or speak as be deemed a representative breach of the Companythis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (American Bingo & Gaming Corp), Employment Agreement (American Bingo & Gaming Corp)

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Termination Without Good Reason. During the Employment Term, the The Executive may voluntarily terminate his employment for any without Good Reason upon ten (10) days written notice to the Companies. In such event, on or nobefore the date which is ten (10) reason with the Company upon 30 days prior written notice. Termination is effective 30 days after the date of termination, the notice is provided Companies shall pay and provide the Payments and Benefits to the Company. The Company may, Executive through the date of termination at the times and in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Companymanner set forth in Section 3.2(b)(vi) above.

Appears in 2 contracts

Samples: Employment Agreement (Skyterra Communications Inc), Employment Agreement (Skyterra Communications Inc)

Termination Without Good Reason. During the Employment TermTerm of Employment, the Executive may voluntarily terminate his employment for any (or no) reason with the Company upon 30 without Good Reason by providing the Company with a Notice of Termination at least 90 days prior written noticein advance of such termination (or such shorter period as the Board may determine). Termination is effective 30 days after the date the notice is provided to the Company. The Company may, in its sole discretion, place Upon a termination by the Executive on paid administrative leave as without Good Reason during the Term of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leaveEmployment, the Executive is not authorized shall be entitled to act or speak as a representative receive only his earned but unpaid Base Salary and the payments described in clause (ii) of the CompanySection 5.1 hereof.

Appears in 1 contract

Samples: Employment Agreement (Emtec Inc/Nj)

Termination Without Good Reason. During the Employment TermIn addition, the Executive may voluntarily terminate his employment for without good reason at any time by giving thirty (or no30) reason with days notice in writing. Upon the effective date of such notice the Company upon 30 days prior written notice. Termination is effective 30 days after will not owe the Executive any compensation or benefits except as required by law, except for compensation or benefits actually earned or accrued through the date the notice is provided to the Company. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any such period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Companytermination.

Appears in 1 contract

Samples: Employment Agreement (Banknorth Group Inc /New/ /De/)

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