Common use of By the Employer Without Cause Clause in Contracts

By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty (30) days’ prior written notice of her termination of employment. The Executive’s termination of employment shall occur on the date specified in such written notice. If the Employer terminates the Executive’s employment without Cause during the Term, this Agreement shall terminate without further obligations to the Executive, except as provided under Sections 8.3 and 8.5.

Appears in 3 contracts

Samples: Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares)

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By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty (30) days’ prior written notice of her his termination of employment. The Executive’s termination of employment shall occur on the date specified in such written notice. If the Employer terminates the Executive’s employment without Cause during the Term, this Agreement shall terminate without further obligations to the Executive, except as provided under Sections 8.3 and 8.5Section 8.3.

Appears in 3 contracts

Samples: Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares), Merger Agreement (Lake Sunapee Bank Group)

By the Employer Without Cause. The Employer may elect to terminate this Agreement and to also terminate the Executive’s employment at any time by giving the Executive upon not less than thirty (30) days’ prior days advance written notice without Cause. Upon expiration of her termination such notice period all rights, obligations and duties of employment. The Executive’s termination of employment the parties hereunder shall occur on the date specified in such written notice. If the Employer terminates immediately cease, except for the Executive’s employment without Cause during obligations under Section 7 and Section 8 hereof and the Term, this Agreement shall terminate without further Employer’s obligations to the Executive, except as provided under Sections 8.3 and 8.5Section 6.2(b).

Appears in 2 contracts

Samples: Employment Agreement (New Horizons Worldwide Inc), Employment Agreement (New Horizons Worldwide Inc)

By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty (30) days’ prior written notice of her his termination of employment. The Executive’s termination of employment shall occur on the date specified in such written notice. If the Employer terminates the Executive’s employment without Cause during the Term, this Agreement shall terminate without further obligations to the Executive, except as provided under Sections 8.3 and 8.5.

Appears in 2 contracts

Samples: Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares)

By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty (30) without Cause effective upon 14 days’ prior written notice of her termination of employmentto Executive. The Employer retains the right after providing such notice to require Executive to cease employment at any earlier time, in which case Employer shall remain obligated to pay notice pay in an amount equal to Executive’s termination Base Salary (at the same monthly rate as paid immediately prior to such notice) during any remaining portion of employment shall occur on the date specified in such written notice. If the Employer terminates the Executive’s employment without Cause during the Term, this Agreement shall terminate without further obligations to the Executive, except as provided under Sections 8.3 and 8.5notice period.

Appears in 1 contract

Samples: Executive Employment Agreement (Westcott Products Corp)

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By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty upon not less than ninety (3090) days’ prior advance written notice without Cause. Upon expiration of her termination such notice period all rights, obligations and duties of employment. The Executive’s termination of employment the parties hereunder shall occur on the date specified in such written notice. If the Employer terminates immediately cease, except for the Executive’s employment without Cause during obligations under Section 7 and Section 8 hereof and the Term, this Agreement shall terminate without further Employer’s obligations to under Section 6.2(c) and any obligation the Executive, except as provided Employer may have under Sections 8.3 and 8.5any stock award or stock option agreement.

Appears in 1 contract

Samples: Employment Agreement (Patrick Industries Inc)

By the Employer Without Cause. The Employer may elect to terminate this Agreement and to terminate the Executive’s employment at any time by giving the Executive thirty (30) days’ prior upon not less than 30 days advance written notice without Cause. Upon expiration of her termination such notice period all rights, obligations and duties of employment. The Executive’s termination of employment the parties hereunder shall occur on the date specified in such written notice. If the Employer terminates immediately cease, except for the Executive’s employment without Cause during obligations under Section 7 and Section 8 hereof and the Term, this Agreement shall terminate without further Employer’s obligations to the Executive, except as provided under Sections 8.3 and 8.5Section 6.2(c).

Appears in 1 contract

Samples: Employment Agreement (Patrick Industries Inc)

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