By Executive for Cause. This contract may be voided for cause by Executive. For purposes of this Section, “Cause” is hereby defined as: failure of Company to pay Executive his salary and other benefits when due; Bankruptcy or placement of Company in receivership; failure of the Company to implement the business plan approved by its Board of Directors for a period of 24 months.
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Samples: Employment Agreement (Md Technologies Inc), Employment Agreement (Md Technologies Inc), Employment Agreement (Md Technologies Inc)
By Executive for Cause. This Executive may void this contract may be voided for cause by Executivecause. For purposes of this Section, “Cause” is hereby defined as: failure of Company to pay Executive his salary and other benefits when due; Bankruptcy or placement of Company in receivership; failure of the Company to implement the business plan approved by its Board of Directors for a period of 24 months.
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