Common use of Cause or other than Good Reason Clause in Contracts

Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 12 contracts

Samples: Employment Agreement of Nicholas Mah (New York Mortgage Trust Inc), Employment Agreement (New York Mortgage Trust Inc), Employment Agreement (New York Mortgage Trust Inc)

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Cause or other than Good Reason. If the Executive’s 's employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (New York Mortgage Trust Inc), Employment Agreement (KMG America CORP), Employment Agreement (New York Mortgage Trust Inc)

Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company Trust for Cause or by the Executive for other than Good Reason, the Company Trust shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d5(b), and the Company Trust shall have no further obligations to the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Falcon Financial Investment Trust), Employment Agreement (Falcon Financial Investment Trust)

Cause or other than Good Reason. If the Executive’s 's employment shall be terminated by Parent or the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (KMG America CORP), Employment Agreement (KMG America CORP)

Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and Parent and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (KMG America CORP), Employment Agreement (KMG America CORP)

Cause or other than Good Reason. If the Executive’s 's employment shall be terminated by the Company Trust for Cause or by the Executive for other than Good Reason, the Company Trust shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d5(c), and the Company Trust shall have no further obligations to the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Falcon Financial Investment Trust), Employment Agreement (Falcon Financial Investment Trust)

Cause or other than Good Reason. If the Executive’s employment shall be terminated by Parent or the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (KMG America CORP)

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Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice notice of Termination termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Peoples Choice Financial Corp)

Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company Trust for Cause or by the Executive for other than Good Reason, the Company Trust shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given given, pay the Executive Incentive Compensation on all loans closed prior to the Date of Termination and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d5(b), and the Company Trust shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Falcon Financial Investment Trust)

Cause or other than Good Reason. If the Executive’s 's employment shall be terminated by the Company Trust for Cause or by the Executive for other than Good Reason, the Company Trust shall pay the Executive his full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d5(b), and the Company Trust shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Falcon Financial Investment Trust)

Cause or other than Good Reason. If the Executive’s employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, the Company shall pay the Executive his her full Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given and reimburse the Executive for all reasonable and customary expenses incurred by the Executive in performing services hereunder prior to the Date of Termination in accordance with Section 6(d), and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (New York Mortgage Trust Inc)

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