Common use of By the Company without Cause; By the Executive with Good Reason Clause in Contracts

By the Company without Cause; By the Executive with Good Reason. If, during the Contract Period, the Company terminates the Executive’s employment without Cause, or the Executive terminates employment with Good Reason, the Company shall pay to the Executive the Accrued Obligations within 60 days after the Date of Termination, and the Company will pay any other benefits accrued and due under any applicable benefit plans and programs of the Company pursuant to the terms of such respective plans and programs. In addition, if the Executive timely executes and does not revoke the Release (as defined in and subject to the terms and conditions of Section 7.3(d)), the Company shall pay to the Executive the following severance compensation (it being understood that the Executive is not entitled to any payments under any severance plan or program for employees or executives):

Appears in 4 contracts

Samples: Employment Agreement (Titan Energy, LLC), Employment Agreement (Titan Energy, LLC), Employment Agreement (Atlas Resource Partners, L.P.)

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