Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Resignation from Employment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Resignation from Employment. (a) I hereby tender my resignation as an officer and employee of the Company and any of its parents, subsidiaries and affiliates (the "Affiliates") as of April 1, 2019 (the "Resignation Date"). I agree to sign any documentation of my resignation reasonably required by the Company. (b) I acknowledge and agree that, on the Resignation Date, the Company will pay me any accrued salary previously unpaid, including my accrued, unused vacation pay, earned through the Resignation Date, subject to standa...rd payroll deductions and withholdings. I acknowledge that I am entitled to these payments regardless of whether I execute this Agreement. (c) Except as set forth in this Agreement, I understand that I am giving up any right or claim to future employment at the Company, including without limitation, any future compensation or benefits, except as set forth in this Agreement. (d) I understand and agree that I am not and will not be entitled to any payment pursuant to Sections 6(b) or (c) of the Employment Agreement. (e) I have submitted any unreimbursed business expenses on or before the Resignation Date, which will be reimbursed in accordance with Company policy, and I have not incurred any business expenses after the date this Agreement was presented to me without express written approval of the Company. I acknowledge that I am entitled to these reimbursements regardless of whether I execute this Agreement. (f) On or before the Resignation Date, I will return to the Company all property of the Company, including without limitation, documents and records, all keys, access cards, credit cards, calling cards, computer hardware and software, cellular phones and other mobile communications devices. (g) Subject to Section 11 below, I hereby reaffirm the covenants, terms and conditions set forth in the Employee Proprietary Information and Inventions Assignment Agreement between the Company and me dated as of April 19, 2018 (the "Confidentiality Agreement") and acknowledge that the Confidentiality Agreement shall survive termination of my employment and remain in full force and effect in accordance with its terms, including, without limitation, the confidentiality information and non-solicitation restrictive covenants set forth therein. 1 (h) Subject to Section 11, I will cooperate fully with the Company and its Affiliates concerning reasonable requests for information about the business of the Company or its Affiliates or my involvement and participation therein; the defense or prosecution of any claims or actions now in existence or which may be brought in the future against or on behalf of the Company or its subsidiaries or affiliates which relate to events or occurrences that transpired while I was employed by the Company; and in connection with any investigation or review by any federal, state or local regulatory, quasi- or self-regulatory or self-governing authority or organization (including, without limitation, the Securities and Exchange Commission and the Financial Industry Regulatory Authority, Inc.) as any such investigation or review relates to events or occurrences that transpired while I was employed by the Company. I agree that, upon reasonable request and taking into account my other obligations, to be available to meet and speak with officers or employees of the Company, its Affiliates and/or their counsel at reasonable times and locations, executing accurate and truthful documents, appearing at the Company's request as a witness at depositions, trials or other proceedings without the necessity of a subpoena, and taking such other actions as may reasonably be requested by the Company and/or its counsel to effectuate the foregoing. The Company will reimburse me for reasonable expenses incurred by me in response to Company requests pursuant to this Section 1(f). (i) I acknowledge that the payment and arrangements herein shall constitute full and complete satisfaction of any and all amounts properly due and owing to me as a result of my employment with the Company and the termination thereof. I further acknowledge that, other than the Confidentiality Agreement and the agreements evidencing my outstanding equity awards (as amended by Section 3 below), this Agreement shall supersede each agreement entered into between Executive and the Company regarding Executive's employment, including, without limitation, that the Employment Agreement. Each such agreement superseded hereby shall be deemed terminated and of no further effect as of the Resignation Date.View More
Resignation from Employment. (a) I hereby tender my resignation as an officer and employee of the Company and any of its parents, subsidiaries and affiliates (the "Affiliates") as of April 1, 2019 March 29, 2018 (the "Resignation Date"). I agree to sign any documentation of my resignation reasonably required by the Company. (b) I acknowledge Through the Resignation Date, the Company will continue to pay me my current annual salary at the rate of $360,000 US dollars on its regular payroll pay dates, and agree that, will cont...inue to provide me with employee benefits in accordance with the terms of the Company's employee benefit plans applicable to employees generally and executives, through the Resignation Date. Further, on the Resignation Date, Date the Company will pay me any accrued salary previously unpaid, including my accrued, unused vacation pay, earned through the Resignation Date, subject to standard payroll deductions and withholdings. I acknowledge that I am entitled to these payments regardless of whether I execute this Agreement. pay. (c) Except as set forth in this Agreement, I understand that I am giving up any right or claim to future employment at the Company, including without limitation, any future compensation or benefits, except as set forth in this Agreement, and that any provisions of the Term Sheet are satisfied in full by this Agreement. (d) I understand and agree that I am not and will not be entitled to any payment pursuant to Sections 6(b) or (c) of the Employment Agreement. (e) I have submitted will submit any unreimbursed business expenses on or before the Resignation Date, which will be reimbursed in accordance with Company policy, and agree that I have will not incurred incur any future business expenses after the date this Agreement was presented to me without express written approval of the Company. I acknowledge that I am entitled to these reimbursements regardless of whether I execute this Agreement. (f) On or before the Resignation Date, I will return to the Company all property of the Company, including without limitation, documents and records, all keys, access cards, credit cards, calling cards, computer hardware and software, cellular phones and other mobile communications devices. (g) Subject to Section 11 below, I hereby reaffirm the covenants, terms and conditions set forth in the Employee Proprietary Information and Inventions Assignment Agreement between the Company and me dated as of April 19, 2018 (the "Confidentiality Agreement") and acknowledge that the Confidentiality Agreement shall survive termination of my employment and remain in full force and effect in accordance with its terms, including, without limitation, the confidentiality information and non-solicitation restrictive covenants set forth therein. 1 (h) Subject to Section 11, I will cooperate fully with the Company and its Affiliates concerning reasonable requests for information about the business of the Company or its Affiliates parents, subsidiaries or my affiliates or your involvement and participation therein; the defense or prosecution of any 1 claims or actions now in existence or which may be brought in the future against or on behalf of the Company or its subsidiaries or affiliates which relate to events or occurrences that transpired while I was you were employed by the Company; and in connection with any investigation or review by any federal, state or local regulatory, quasi- or self-regulatory or self-governing authority or organization (including, without limitation, the Securities and Exchange Commission and the Financial Industry Regulatory Authority, Inc.) as any such investigation or review relates to events or occurrences that transpired while I was you were employed by the Company. I agree that, upon reasonable request and taking into account my other obligations, to be available to meet and speak with officers or employees of the Company, its Affiliates parents, subsidiaries and affiliates and/or their counsel at reasonable times and locations, executing accurate and truthful documents, appearing at the Company's request as a witness at depositions, trials or other proceedings without the necessity of a subpoena, and taking such other actions as may reasonably be requested by the Company and/or its counsel to effectuate the foregoing. The Company will reimburse me for reasonable expenses incurred by me in response to Company requests pursuant to this Section 1(f). (i) I acknowledge that the payment and arrangements herein shall constitute full and complete satisfaction of any and all amounts properly due and owing to me as a result of my employment with the Company and the termination thereof. I further acknowledge that, other than the Confidentiality Agreement and the agreements evidencing my outstanding equity awards (as amended by Section 3 below), this Agreement shall supersede each agreement entered into between Executive and the Company regarding Executive's employment, including, without limitation, that the Employment Agreement. Each such agreement superseded hereby shall be deemed terminated and of no further effect as of the Resignation Date.View More
