Common use of Voluntary Resignation; Termination for Cause Clause in Contracts

Voluntary Resignation; Termination for Cause. If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason during the period following a Change in Control) or (ii) by the Company for Cause, then Company shall have no duty to make any payments or provide any benefits to Executive pursuant to this Agreement other than the amount of Executive’s Base Salary and Over-Time Allowance, if any, accrued through the Termination Date. The use of the term “Cause” in Section 3.01.b.i in no way limits the right of the Company to terminate Executive’s employment pursuant to the provisions of this Article III. The Company must notify the Executive, in writing, that the Executive is being terminated for Cause, and such notice shall identify in reasonable detail the facts and events that the Company believes constitute Cause.

Appears in 17 contracts

Samples: Employment Agreement (Li Bang International Corp Inc.), Employment Agreement (U-Bx Technology Ltd.), Employment Agreement (Wellchange Holdings Co LTD)

AutoNDA by SimpleDocs

Voluntary Resignation; Termination for Cause. If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason during the period following a Change in Control) or (ii) by the Company for Cause, then Company shall have no duty to make any payments or provide any benefits to Executive pursuant to this Agreement other than the amount of Executive’s Base Salary and Over-Time Allowancevested Benefits, if any, accrued through the Termination Date. The use of the term “Cause” in this Section 3.01.b.i 3.4 in no way limits the right of the Company to terminate Executive’s employment pursuant to the provisions of this Article III3. The Company must notify the Executive, in writing, that the Executive is being terminated for Cause, and such notice shall identify in reasonable detail the facts and events that the Company believes constitute Cause.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (LendingClub Corp), Employment Agreement (LendingClub Corp)

Voluntary Resignation; Termination for Cause. If Executive’s employment with the Company EALIXIR terminates (i) voluntarily by Executive (other than for Good Reason during the period following a Change in Control) or (ii) by the Company EALIXIR for Cause, then Company shall have no duty to make any payments or provide any benefits to Executive pursuant to this Agreement other than the amount of Executive’s Base Salary and Over-Time Allowancevested Benefits, if any, accrued through the Termination Date. The use of the term “Cause” in this Section 3.01.b.i 3.4 in no way limits the right of the Company EALIXIR to terminate Executive’s employment pursuant to the provisions of this Article III3. The Company EALIXIR must notify the Executive, in writing, that the Executive is being terminated for Cause, and such notice shall identify in reasonable detail the facts and events that the Company EALIXIR believes constitute Cause.

Appears in 1 contract

Samples: Officer Employment Agreement (Ealixir, Inc.)

AutoNDA by SimpleDocs

Voluntary Resignation; Termination for Cause. If Executive’s 's employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason during the period following a Change in Control) or (ii) by the Company for Cause, then Company shall have no duty to make any payments or provide any benefits to Executive pursuant to this Agreement other than the amount of Executive’s 's Base Salary and Over-Time Allowance, if any, accrued through the Termination Date. The use of the term "Cause" in Section 3.01.b.i in no way limits the right of the Company to terminate Executive’s 's employment pursuant to the provisions of this Article III. The Company must notify the Executive, in writing, that the Executive is being terminated for Cause, and such notice shall identify in reasonable detail the facts and events that the Company believes constitute Cause.

Appears in 1 contract

Samples: Employment Agreement (China Xiangtai Food Co., Ltd.)

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