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

By the Company for Cause or by the Executive Without Good Reason. If: (i) the Company terminates the Executive's employment with the Company for Cause (as defined below) or (ii) the Executive terminates his employment without Good Reason upon at least thirty (30) days prior written notice, the Executive shall be entitled to receive the following: (a) the Executive's accrued but unpaid Base Salary to the date of termination and any employee benefits that the Executive is entitled to receive pursuant to the employee benefit plans of the Company and its subsidiaries (other than any severance plans) in accordance with the terms of such employee benefit plans; (b) expenses reimbursable under Section 4.6 above incurred but not yet reimbursed to the Executive to the date of termination; (c) the Executive shall receive payment for all accrued and unused vacation days, payable in accordance with Company policy; and (d) the unpaid portion of the Bonus, if any, relating to any year prior to the fiscal year of the Executive's termination, payable in accordance with Section 4.2 above (together with (a), (b) and (c), the "Accrued Benefits").

Appears in 5 contracts

Samples: Employment Agreement (Delta Tucker Holdings, Inc.), Employment Agreement (Delta Tucker Holdings, Inc.), Employment Agreement (Delta Tucker Holdings, Inc.)

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By the Company for Cause or by the Executive Without Good Reason. If: (i) the Company terminates the Executive's ’s employment with the Company for Cause (as defined below) or (ii) the Executive terminates his employment without Good Reason upon at least thirty sixty (3060) days prior written notice, the Executive shall be entitled to receive within 60 days following employment termination the following: (a) the Executive's ’s accrued but unpaid Base Salary to the date of termination and any employee benefits that the Executive is entitled to receive pursuant to the employee benefit plans of the Company and its subsidiaries (other than any severance plans) in accordance with the terms of such employee benefit plans; (b) expenses reimbursable under Section 4.6 4.5 above incurred but not yet reimbursed to the Executive to the date of termination;termination (together with (a) the “Accrued Benefits”); and, (c) other than upon a termination of Executive’s employment by the Executive shall receive payment Company for all accrued and unused vacation daysCause, payable in accordance with Company policy; and (d) the unpaid portion of the Bonus, if any, relating to any year prior to the fiscal year of the Executive's ’s termination, payable in accordance with Section 4.2 above (together with (a), (b) and (c), the "Accrued Benefits")above.

Appears in 2 contracts

Samples: Employment Agreement (Imperial Holdings, Inc.), Employment Agreement (Imperial Holdings, Inc.)

By the Company for Cause or by the Executive Without Good Reason. If: (i) the Company terminates the Executive's ’s employment with the Company for Cause (as defined below) or (ii) the Executive terminates his her employment without Good Reason upon at least thirty sixty (3060) days prior written notice, the Executive shall be entitled to receive within 60 days following employment termination the following: (a) the Executive's ’s accrued but unpaid Base Salary to the date of termination and any employee benefits that the Executive is entitled to receive pursuant to the employee benefit plans of the Company and its subsidiaries (other than any severance plans) in accordance with the terms of such employee benefit plans; (b) expenses reimbursable under Section 4.6 4.5 above incurred but not yet reimbursed to the Executive to the date of termination;termination (together with (a) the “Accrued Benefits”); and, (c) other than upon a termination of Executive’s employment by the Executive shall receive payment Company for all accrued and unused vacation daysCause, payable in accordance with Company policy; and (d) the unpaid portion of the Bonus, if any, relating to any year prior to the fiscal year of the Executive's ’s termination, payable in accordance with Section 4.2 above (together with (a), (b) and (c), the "Accrued Benefits")above.

Appears in 1 contract

Samples: Employment Agreement (Imperial Holdings, Inc.)

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By the Company for Cause or by the Executive Without Good Reason. If: (i) the Company terminates the Executive's employment with the Company for Cause (as defined below) or (ii) the Executive terminates his employment without Good Reason upon at least thirty sixty (3060) days prior written notice, the Executive shall be entitled to receive within 60 days following employment termination the following: (a) the Executive's accrued but unpaid Base Salary to the date of termination and any employee benefits that the Executive is entitled to receive pursuant to the employee benefit plans of the Company and its subsidiaries (other than any severance plans) in accordance with the terms of such employee benefit plans; (b) expenses reimbursable under Section 4.6 4.5 above incurred but not yet reimbursed to the Executive to the date of termination;termination (together with (a) the "Accrued Benefits"); and, (c) other than upon a termination of Executive’s employment by the Executive shall receive payment Company for all accrued and unused vacation daysCause, payable in accordance with Company policy; and (d) the unpaid portion of the Bonus, if any, relating to any year prior to the fiscal year of the Executive's termination, payable in accordance with Section 4.2 above (together with (a), (b) and (c), the "Accrued Benefits")above.

Appears in 1 contract

Samples: Employment Agreement (Emergent Capital, Inc.)

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