By the Company Other Than for Cause; or By the Executive for Good Reason Sample Clauses

By the Company Other Than for Cause; or By the Executive for Good Reason. If, during the Employment Period, the Company terminates the Executive’s employment under this Agreement (other than for Cause) or the Executive terminates employment under this Agreement for Good Reason:
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By the Company Other Than for Cause; or By the Executive for Good Reason. (i) The Term and the Executive’s employment hereunder may be terminated by the Company other than for Cause, immediately upon the delivery of a Notice of Termination by the Company to the Executive and shall terminate automatically and immediately upon the Executive’s resignation for Good Reason at the end of any applicable cure period if the circumstances giving rise to Good Reason are not cured.
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By the Company Other Than for Cause; or By the Executive for Good Reason. (a) The Company may terminate the Executive’s employment and this Agreement other than for Cause at any time. In addition, the Executive may terminate his employment and this Agreement for Good Reason (as defined below). If (i) the Company terminates the Executive’s employment and this Agreement other than for Cause or (ii) the Executive terminates his employment and this Agreement for Good Reason, the Executive will be entitled to Base Salary earned but unpaid though the date of termination, accrued but unused vacation through the date of termination, reimbursement of Business Expenses incurred through the date of termination and salary continuation at the Base Salary rate for a period of six (6) months from the termination date, to be paid in accordance with the Company’s payroll practice then in effect and reimbursement of Business Expenses incurred through such date. If the Executive elects to continue medical insurance coverage after the termination date in accordance with the provisions of the Consolidated Omnibus Reconciliation Act of 1985 (“COBRA”), then the Company shall pay his monthly COBRA premium payments for the period of salary continuation payments or until he accepts other employment, whichever occurs first. In addition, the Company shall pay the Executive any bonus earned by the Executive for any calendar year ending prior to the date of termination that remains unpaid (including Bonus Stock) and the pro rata portion of any bonus earned by the Executive during the then current calendar year that remains unpaid (including Bonus Stock), each in accordance with bonus plans or practices established by the Company in its sole discretion. The Company shall have no other obligations to the Executive upon termination of employment other than for Cause or for Good Reason. The Company’s obligation to provide any of the amounts and benefits hereunder shall be subject to, and conditioned upon, the Executive’s execution of a full release of claims reasonably satisfactory to the Company, releasing the Company and its employees and agents from any claims arising from or related to the Executive’s employment or severance from employment with the Company, including any claims arising from this Agreement.
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By the Company Other Than for Cause; or By the Executive for Good Reason. The Company may terminate the Executive’s employment hereunder during the Term other than for Cause at any time upon thirty (30) days’ written notice to the Executive and the Executive may terminate his employment hereunder for Good Reason at any time upon thirty (30) days’ written notice to the Company. For the avoidance of doubt, this Section 5(d) shall apply to an applicable termination of employment during the Term even after notice of nonrenewal has been provided under Section 2(b).
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By the Company Other Than for Cause; or By the Executive for Good Reason. In the event of any termination of the Executive’s employment hereunder by the Company pursuant to Section 5(d) or by the Executive pursuant to Section 5(f), the Company shall pay to the Executive the accrued compensation and vested benefits required to be paid or provided pursuant to Section 6(g). In addition, the Company shall provide the Executive with the compensation and benefits described in (i) and (ii) below.
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Related to By the Company Other Than for Cause; or By the Executive for Good Reason

  • 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 voluntarily terminates the Executive’s employment without “Good Reason” (as defined below), the Executive shall be entitled to receive the following:

  • By the Company Without Cause or By the Executive for Good Reason If during the Term the Executive’s employment is terminated by the Company other than for Cause, death or Disability or if the Executive terminates his employment for Good Reason, then :

  • Termination by the Company for Cause or by the Executive without Good Reason The Company may terminate the Executive’s employment pursuant to the terms of this Agreement at any time for Cause (as defined below) by giving the Executive written notice of termination. Such termination shall become effective upon the giving of such notice. Upon any such termination for Cause, or in the event the Executive terminates his employment with the Company without Good Reason (as defined in Section 6(c)), then the Executive shall have no right to compensation, or reimbursement under Section 4, or to participate in any Executive benefit programs under Section 5, except as may otherwise be provided for by law, for any period subsequent to the effective date of termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive is convicted of, or pleads guilty or nolo contendere to, a felony related to the business of the Company; (ii) the Executive, in carrying out his duties hereunder, has acted with gross negligence or intentional misconduct resulting, in any case, in material harm to the Company; (iii) the Executive misappropriates Company funds or otherwise defrauds the Company including a material amount of money or property; (iv) the Executive breaches his fiduciary duty to the Company resulting in material profit to him, directly or indirectly; (v) the Executive materially breaches any agreement with the Company and fails to cure such breach within 10 days of receipt of notice, unless the act is incapable of being cured; (vi) the Executive breaches any provision of Section 8 or Section 9; (vii) the Executive becomes subject to a preliminary or permanent injunction issued by a United States District Court enjoining the Executive from violating any securities law administered or regulated by the SEC; (viii) the Executive becomes subject to a cease and desist order or other order issued by the SEC after an opportunity for a hearing; (ix) the Executive refuses to carry out a resolution adopted by the Company’s Board at a meeting in which the Executive was offered a reasonable opportunity to argue that the resolution should not be adopted; or (x) the Executive abuses alcohol or drugs in a manner that interferes with the successful performance of his duties.

  • Termination by the Company Without Cause or by the Executive for Good Reason If (x) the Executive’s employment is terminated by the Company other than for Cause, death or Disability (i.e., without Cause) or (y) the Executive terminates employment with Good Reason, then the Executive shall be entitled to receive the following from the Company:

  • Termination by the Company Without Cause or by the Executive with Good Reason During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release:

  • Termination by the Company for Cause or by Executive Without Good Reason If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive all amounts earned or accrued hereunder through the termination date, including:

  • Termination by the Company Without Cause or by Executive for Good Reason If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason:

  • By the Company For Cause or By Executive Resignation Without Good Reason (i) The Employment Term and Executive's employment hereunder may be terminated by the Company for Cause (as defined below) and shall terminate automatically upon Executive's resignation without Good Reason (as defined in Section 7(c)).

  • Termination by the Company for Cause; Termination by the Executive without Good Reason (a) For purposes of this Agreement, “

  • Termination by the Executive other than for Good Reason The Executive may terminate this Agreement and Executive’s employment hereunder other than for Good Reason, provided that the Executive gives the Company no less than thirty (30) days prior written notice of such termination.

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