By the Company for Cause or by Executive. If during the Employment Term, Executive’s employment is terminated (1) by the Company for Cause or (2) by Executive, the Company shall pay to Executive the Accrued Obligation within 30 days following the Termination Date or such earlier date as may be required by law. Executive (or his designated beneficiary or legal representative, if applicable) shall be paid the Benefit Obligation at the times specified in and in accordance with the terms of the applicable benefit plans and compensation arrangements. Following such payments, the Company shall have no further obligations to Executive other than as may be required by law.
Appears in 6 contracts
Samples: Employment Agreement (Dream Finders Homes, Inc.), Employment Agreement (Dream Finders Homes, Inc.), Employment Agreement (Dream Finders Homes, Inc.)
By the Company for Cause or by Executive. If during the Employment Term, Executive’s 's employment is terminated (1) by the Company for Cause or (2) by Executive, the Company shall pay to Executive the Accrued Obligation within 30 days following the Termination Date or such earlier date as may be required by law. Executive (or his designated beneficiary or legal representative, if applicable) shall be paid the Benefit Obligation at the times specified in and in accordance with the terms of the applicable benefit plans and compensation arrangements. Following such payments, the Company shall have no further obligations to Executive other than as may be required by law.
Appears in 3 contracts
Samples: Employment Agreement (Dream Finders Homes, Inc.), Employment Agreement (Dream Finders Homes, Inc.), Employment Agreement (Dream Finders Homes, Inc.)
By the Company for Cause or by Executive. If during the Employment Term, Executive’s employment is terminated (1) by the Company for Cause or (2) by Executive, the Company shall pay to Executive the Accrued Obligation within 30 fifteen (15) days following the Termination Date or such earlier date as may be required by law. Executive (or his designated beneficiary or legal representative, if applicable) shall be paid the Benefit Obligation at the times specified in and in accordance with the terms of the applicable benefit plans and compensation arrangements. Following such payments, the Company shall have no further obligations to Executive other than as may be required by law.
Appears in 2 contracts
Samples: Employment Agreement (Dream Finders Homes, Inc.), Employment Agreement (Dream Finders Homes, Inc.)
By the Company for Cause or by Executive. If during the Employment Term, Executive’s 's employment is terminated (1) by the Company for Cause or (2) by Executiveif Executive voluntarily terminates employment during the Term of this Agreement, the Company shall pay Executive, within thirty (30) days after the Date of Termination, the Annual Base Salary through the Date of Termination to Executive the Accrued Obligation within 30 days following the Termination Date or such earlier date as may be required by law. Executive (or his designated beneficiary or legal representativeextent not yet paid, if applicable) shall be paid the Benefit Obligation at the times specified in and in accordance with the terms of the applicable benefit plans and compensation arrangements. Following such payments, the Company shall have no further obligations to Executive other than under this Agreement, except as may be required by lawspecified in Section 6 below.
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