Common use of By Company for Cause or by Executive Without Good Reason Clause in Contracts

By Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by Company for Cause or by Executive Without Good Reason (as defined in Section 6.5, below), then Company's obligation to pay compensation and benefits under this Agreement shall immediately terminate, except that: (a) Company shall pay to Executive and, if applicable, Executive's heirs, any earned but unpaid Base Salary through such termination date; and (b) Company shall permit Executive to receive continuation of the benefits as set forth in Section 5.5, below, to the extent applicable. Under such circumstances, no further payments or benefits (except as otherwise required by law) shall be provided to Executive. The terms "Cause" and "Without Good Reason" shall have the meaning set forth in Section 6, below.

Appears in 6 contracts

Samples: Employment Agreement (Interland Inc /Mn/), Employment Agreement (Interland Inc /Mn/), Employment Agreement (Interland Inc /Mn/)

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By Company for Cause or by Executive Without Good Reason. If Executive's ’s employment is terminated by Company for Cause or by Executive Without Good Reason (as defined in Section 6.5, below), then Company's ’s obligation to pay compensation and benefits under this Agreement shall immediately terminate, except that: (a) Company shall pay to Executive and, if applicable, Executive's ’s heirs, any earned but unpaid Base Salary through such termination date; and (b) Company shall permit Executive to receive continuation of the benefits as set forth in Section 5.5, below, to the extent applicable. Under such circumstances, no further payments or benefits (except as otherwise required by law) shall be provided to Executive. The terms "Cause" and "Without Good Reason" shall have the meaning set forth in Section 6, below.

Appears in 2 contracts

Samples: Employment Agreement (WEB.COM, Inc.), Employment Agreement (Interland Inc /Mn/)

By Company for Cause or by Executive Without Good Reason. If Executive's ’s employment is terminated by Company for Cause or by Executive Without Good Reason (as defined in Section 6.5, below)Reason, then Company's ’s obligation to pay compensation and benefits under this Agreement shall immediately terminate, except that: (a) Company shall pay to Executive and, if applicable, Executive's ’s heirs, any earned but unpaid Base Salary through such termination date; and (b) Company shall permit Executive to receive continuation of the benefits as set forth in Section 5.55.6, below, to the extent applicable. Under such circumstances, no further payments or benefits (except as otherwise required by law) shall be provided to Executive. The terms "Cause" and "Without Good Reason" shall have the meaning set forth in Section 6, below.

Appears in 2 contracts

Samples: Employment Agreement (WEB.COM, Inc.), Employment Agreement (WEB.COM, Inc.)

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By Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by Company for Cause or by Executive Without Good Reason (as defined in Section 6.5, below), then Company's obligation to pay compensation and benefits under this Agreement shall immediately terminate, except that: (a) Company shall pay to Executive and, if applicable, Executive's heirs, any earned but unpaid Base Salary through such termination date; and (b) Company shall permit Executive to receive continuation of the benefits as set forth in Section 5.5, below, to the extent applicable. Under such circumstances, no further payments or benefits (except as otherwise required by law) shall be provided to Executive. The terms "Cause" and "Without Good Reason" shall have the meaning meanings set forth in Section 6, 6 below.

Appears in 1 contract

Samples: Employment Agreement (Interland Inc /Mn/)

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