Common use of By TXEN, Without Cause Clause in Contracts

By TXEN, Without Cause. Any termination of Employee by TXEN for reasons other than as set forth in subsections 3(a)(i) through 3(a)(v) above shall be a termination without cause. TXEN may terminate the employment of Employee without cause by thirty (30) days' prior written notice at any time. If NRC purchases all of the capital stock of TXEN pursuant to the Stock Purchase Option Agreement, NRC may cause TXEN to terminate the employment of Employee without cause immediately after the closing of such purchase and without giving 30 days' prior notice.

By TXEN, Without Cause. Any termination of Employee by TXEN for reasons other than as set forth in subsections 3(a)(i) through 3(a)(v) above shall be a termination without cause. TXEN may terminate the employment of Employee without cause by thirty (30) days' prior written notice at any time. If NRC purchases all of the capital stock of TXEN pursuant to the Stock Purchase Option Agreement, NRC may cause TXEN to terminate the employment of Employee without cause immediately after the closing of such purchase and without giving 30 days' , prior notice.