Common use of By the Employer Clause in Contracts

By the Employer. (a) For Cause, subject to approval by a two-thirds (2/3rds) vote of the Employer’s Board of Directors (excluding the vote, if any, of the Executive) and upon written notice to the Executive pursuant to Section 1.4.1 hereof, in which event the Employer shall have no further obligation to the Executive except for payment of any Base Salary due and owing under Section 4.1 on the effective date of termination and reimbursement under Section 4.6 of expenses incurred as of the effective date of termination;

By the Employer. (a) For Cause, subject to approval by upon a twovote of at least fifty-thirds one percent (2/3rds51%) vote of the Employer’s Board of Directors (excluding the voteDirectors, if any, of the Executive) and upon written notice to the Executive pursuant to Section 1.4.1 1.5.1 hereof, in which event the Employer shall have no further obligation to the Executive except for payment of any Base Salary due and owing under Section 4.1 on the effective date of termination and reimbursement under Section 4.6 4.5 of expenses incurred as of the effective date of termination;