Common use of Your Termination of Employment Clause in Contracts

Your Termination of Employment. You have the right to terminate your employment with the Company at any time, with or without cause. If you terminate your employment, you will not be entitled to any Severance Payments, unless you terminated your employment after a Change in Control as defined in Section 6 below. You agree to provide the Company thirty (30) days prior written notice of termination. The Company may in its sole discretion select any date prior to the end of such thirty (30) day notice period as the date your employment will terminate. If you terminate your employment after a Change in Control as defined in Section 6 below, you shall receive the payments set forth in Section 7(b) below.

Appears in 4 contracts

Samples: Employment Agreement (Allied Capital Corp), Employment Agreement (Allied Capital Corp), Employment Agreement (Allied Capital Corp)

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Your Termination of Employment. You have the right to terminate your employment with the Company at any time, with or without causeCause. If you terminate your employment, you will not be entitled to any Severance Payments, unless you terminated your employment after a Change in Control as defined in Section 6 below. You agree to provide the Company thirty (30) days prior written notice of termination. The Company may in its sole discretion select any date prior to the end of such thirty (30) day notice period as the date your employment will terminate. If you terminate your employment after a Change in Control as defined in Section 6 below, you shall receive the payments set forth in Section 7(b) below.

Appears in 1 contract

Samples: Employment Agreement (Allied Capital Corp)

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