Common use of By Employee With Cause Clause in Contracts

By Employee With Cause. Employee may upon 10 days prior written notice terminate this Agreement for reason of cause. At the time of such termination, Company shall continue to pay salary to Employee at the periodic rate that is in effect at the time of notice pursuant to Section 2.1 for the term of the Agreement until the effective date of termination. In addition, Company will pay to Employee the payments described in Section 7.1 and all expense reimbursements under Section 2.2 for expenses incurred in the performance of his duties prior to and contemporaneously with termination. Termination for "cause" for purposes of this Section 6.1(f), is a termination of employment following a Change in Control (defined in Section 7.2) under any of the following circumstances:

Appears in 6 contracts

Samples: Employment Agreement (PMT Services Inc /Tn/), Employment Agreement (PMT Services Inc /Tn/), Employment Agreement (PMT Services Inc /Tn/)

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