Cause; By the Executive Other than for Good Reason. If the Executive’s employment is terminated by the Company for Cause or the Executive’s employment is terminated by the Executive other than for Good Reason during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with the Accrued Obligations and the Other Benefits; provided, however, that if the Executive’s employment shall be terminated for Cause, the term “Accrued Obligations” shall not be deemed to include the Executive’s unpaid Annual Bonus, if any, for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following the Date of Termination.
Appears in 4 contracts
Samples: Employment Agreement (Cole Real Estate Investments, Inc.), Employment Agreement (Cole Real Estate Investments, Inc.), Employment Agreement (Cole Credit Property Trust III, Inc.)
Cause; By the Executive Other than for Good Reason. If the Executive’s employment is shall be terminated by the Company for Cause or the Executive’s employment is shall be terminated by the Executive other than for Good Reason during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with (i) the Accrued Obligations and (ii) the Other Benefits; provided, however, that if the Executive’s employment shall be terminated for Cause, the term “Accrued Obligations” shall not be deemed to include the Executive’s unpaid Annual Bonus, if any, Bonus for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following of the Date of Termination.
Appears in 3 contracts
Samples: Employment Agreement (Carey Watermark Investors 2 Inc), Employment Agreement (First Industrial Lp), Employment Agreement (First Industrial Realty Trust Inc)
Cause; By the Executive Other than for Good Reason. If the Executive’s 's employment is terminated by the Company for Cause or the Executive’s 's employment is terminated by the Executive other than for Good Reason during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with the Accrued Obligations and the Other Benefits; provided, however, that if the Executive’s 's employment shall be terminated for Cause, the term “Accrued Obligations” shall not be deemed to include the Executive’s 's unpaid Annual Bonus, if any, for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following the Date of Termination.
Appears in 2 contracts
Samples: Employment Agreement (Cole Credit Property Trust III, Inc.), Employment Agreement (Cole Credit Property Trust III, Inc.)
Cause; By the Executive Other than for Good Reason. If the Executive’s employment is shall be terminated by the Company for Cause or the Executive’s employment is shall be terminated by the Executive other than for Good Reason during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with the Accrued Obligations and the Other Benefits; provided, however, that if the Executive’s employment shall be terminated for Cause, the term “Accrued Obligations” shall not be deemed to include the Executive’s unpaid Annual Bonus, if any, for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following the Date of Termination.
Appears in 1 contract
Samples: Employment Agreement (Macerich Co)
Cause; By the Executive Other than for Good Reason. If the Executive’s 's employment is shall be terminated by the Company for Cause or the Executive’s 's employment is shall be terminated by the Executive other than for Good Reason during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with the Accrued Obligations and the Other Benefits; provided, however, that if the Executive’s 's employment shall be terminated for Cause, the term “"Accrued Obligations” " shall not be deemed to include the Executive’s 's unpaid Annual Bonus, if any, for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following the Date of Termination.
Appears in 1 contract
Samples: Employment Agreement (Macerich Co)
Cause; By the Executive Other than for Good Reason. If the Executive’s employment is shall be terminated by the Company for Cause or the Executive’s employment is shall be terminated by the Executive other than for Good Reason during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive other than the obligation to provide the Executive with (i) the Accrued Obligations Obligations, and (ii) the Other Benefits; provided, however, that if the Executive’s employment shall be terminated for Cause, the term “Accrued Obligations” shall not be deemed to include the Executive’s unpaid Annual Bonus, if any, Bonus for the fiscal year immediately preceding the fiscal year in which the Date of Termination occurs. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within thirty (30) calendar days following of the Date of Termination.
Appears in 1 contract
