Common use of Cause and Voluntary Termination Clause in Contracts

Cause and Voluntary Termination. If Employee’s employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in a Termination for Good Reason or at or after Normal Retirement Date), Parent or Employer shall pay Employee (1) The Earned Salary, as soon as practicable (but not more than 10 days) following Employee’s Date of Termination; and (2) The Accrued Obligations, in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 13 contracts

Samples: Severance Agreement, Severance Agreement (Pioneer Natural Resources Co), Severance Agreement (Pioneer Natural Resources Co)

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Cause and Voluntary Termination. If Employee’s employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in which is not a Termination for Good Reason or at or after Normal Retirement DateReason), Parent or Employer shall pay Employee: (1) The Earned Salary, Salary as soon as practicable (but not more than 10 days) following Employee’s Date of Termination; and (2) The Accrued Obligations, Obligations in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 6 contracts

Samples: Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co)

Cause and Voluntary Termination. If Employee’s employment is terminated by the Company or the Parent Successor in a Termination for Cause or voluntarily by Employee (other than in which is not a Termination for Good Reason or at or after Normal Retirement DateReason), Parent or Employer or the Parent Successor, as applicable, shall pay Employee: (1) The Earned Salary, Salary as soon as practicable (but not more than 10 days) following Employee’s the Date of TerminationTermination and in any event in accordance with applicable law; and (2) The Accrued Obligations, Obligations in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 6 contracts

Samples: Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co)

Cause and Voluntary Termination. If Employee’s employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in a Termination for Good Reason or at or after Normal Retirement Date)Employee, Parent or Employer shall pay Employee (1) The Earned Salary, Salary as soon as practicable (but not in no event more than 10 days) ), following Employee’s Date of Termination; and (2) The Accrued Obligations, Obligations in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 5 contracts

Samples: Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co)

Cause and Voluntary Termination. If Employee’s employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in a Termination for Good Reason or at or after Normal Retirement Date), Parent or Employer shall pay Employee (1) The Earned Salary, Salary as soon as practicable (but not in no event more than 10 days) ), following Employee’s Date of Termination; and (2) The Accrued Obligations, Obligations in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 5 contracts

Samples: Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co), Change in Control Agreement (Pioneer Natural Resources Co)

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Cause and Voluntary Termination. If Employee’s employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in a Termination for Good Reason or at or after Normal Retirement DateReason), Parent or Employer the Company shall pay Employee: (1) The Earned Salary, Salary as soon as practicable (practicable, but not in no event more than 10 days) , following Employee’s Date of Termination; and (2) The Accrued Obligations, Obligations in accordance with applicable law and the provisions terms of any the applicable plan, program, policy or practicearrangement.

Appears in 2 contracts

Samples: Severance Agreement (Highbury Financial Inc), Severance Agreement (Highbury Financial Inc)

Cause and Voluntary Termination. If Employee’s 's employment is terminated by the Company in a Termination for Cause or voluntarily by Employee (other than in a Termination for Good Reason or at or after Normal Retirement Date), Parent or Employer shall pay Employee (1) The Earned Salary, as soon as practicable (but not more than 10 days) following Employee’s 's Date of Termination; and (2) The Accrued Obligations, in accordance with applicable law and the provisions of any applicable plan, program, policy or practice.

Appears in 1 contract

Samples: Severance Agreement (Pioneer Natural Resources Co)

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