Common use of By the Company for Cause; By the Executive Other than for Good Reason Clause in Contracts

By the Company for Cause; By the Executive Other than for Good Reason. If the Executive's employment is terminated by the Company for Cause during the Employment Period, the Company shall pay the Executive the Annual Base Salary through the Date of Termination and the amount of any compensation previously deferred by the Executive (together with any accrued interest or earnings thereon), in each case to the extent not yet paid, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below. If the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay the Accrued Obligations to the Executive in a lump sum in cash within 30 days of the Date of Termination, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below.

Appears in 1 contract

Samples: Employment Agreement (Northern States Power Co /Mn/)

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By the Company for Cause; By the Executive Other than for Good Reason. If the Executive's employment is terminated by the Company for Cause during the Employment Period, the Company shall pay the Executive the Annual Base Salary through the Date of Termination and the amount of any compensation previously deferred by the Executive (together with any accrued interest or earnings thereon), in each case to the extent not yet paid, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below. If the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay the Accrued Obligations to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below.

Appears in 1 contract

Samples: Employment Agreement (Wendt Bristol Health Services Corp)

By the Company for Cause; By the Executive Other than for Good Reason. If the Executive's employment is terminated by the Company for Cause during the Employment Period, the Company shall pay the Executive the Annual Base Salary through the Date of Termination and the amount of any compensation previously deferred by the Executive (together with any accrued interest or earnings thereon), in each case to the extent not yet paid, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below. If the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay the Accrued Obligations to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination, and the Company shall have no further obligations under this Agreement, except as specified in paragraph (c) of Section 3(c)(i) 3 above and Section 6 and Section 9 below.

Appears in 1 contract

Samples: Employment Agreement (Marketspan Corp)

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By the Company for Cause; By the Executive Other than for Good Reason. If the Executive's ’s employment is terminated by the Company for Cause during the Employment Period, the Company shall pay the Executive the Annual Base Salary through the Date of Termination and the amount of any compensation previously deferred by the Executive (together with any accrued interest or earnings thereon), in each case to the extent not yet paid, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below. If the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay the Accrued Obligations to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination, and the Company shall have no further obligations under this Agreement, except as specified in Section 3(c)(i) above and Section 6 and Section 9 below.

Appears in 1 contract

Samples: Employment Agreement (Interstate Power & Light Co)

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