Common use of BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE Clause in Contracts

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and he shall forfeit only his unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 4 contracts

Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)

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BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 3 contracts

Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's ’s employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 2 contracts

Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's ’s employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive 2004 Guaranteed Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Financial Realty Trust)

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Guaranteed Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Financial Realty Trust)

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BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's ’s employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Financial Realty Trust)

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's ’s employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his Base Salary, Incentive Guaranteed Bonus, expense reimbursements and all other compensation related payments that are payable as of his termination of employment date and that are related to his period of employment preceding his termination date. The Executive shall forfeit all vested and unvested options and restricted Common Shares if he is terminated by the Company for Cause, and and, subject to Section 9(b) below, he shall forfeit only his all unvested options and restricted Common Shares if he voluntarily terminates his employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Financial Realty Trust)

BY THE COMPANY FOR CAUSE OR VOLUNTARILY BY THE EXECUTIVE. In the event that the Executive's employment is terminated by the Company for Cause or voluntarily by the Executive, the Company shall pay the Executive his her Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his her termination of employment date and that are related to his her period of employment preceding his her termination date. Executive shall forfeit all vested and unvested options and restricted Common Shares if he she is terminated by the Company for Cause, and he she shall forfeit only his her unvested options and restricted Common Shares if he she voluntarily terminates his her employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (American Financial Realty Trust)

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