Common use of Cause or Voluntarily Other than for Good Reason Clause in Contracts

Cause or Voluntarily Other than for Good Reason. If the Executive’s employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination the Accrued Benefits. Except as provided in this Section 5(b) and except for any vested benefits under any tax qualified pension plans of the Company, and continuation of health insurance benefits on the terms and to the extent required by COBRA, the Company shall have no additional obligations to the Executive.

Appears in 6 contracts

Samples: Employment Agreement (Aleris International, Inc.), Employment Agreement (Aleris International, Inc.), Employment Agreement (Aleris International, Inc.)

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Cause or Voluntarily Other than for Good Reason. If the Executive’s employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination the Accrued Benefits. Except as provided in this Section 5(b6(c) and and, as the case may be, except for any vested benefits under any tax qualified pension plans of the Company, and continuation of health insurance benefits on the terms and to the extent required by COBRACOBRA or any other analogous legislation as may be applicable to the Executive, the Company shall have no additional obligations to the Executiveunder this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Axcan Intermediate Holdings Inc.), Employment Agreement (Axcan Intermediate Holdings Inc.), Employment Agreement (Axcan Intermediate Holdings Inc.)

Cause or Voluntarily Other than for Good Reason. If the Executive’s 's employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive for other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination Termination: (i) the Accrued BenefitsExecutive's accrued but unused vacation through the Date of Termination; and (ii) his accrued but unpaid Base Salary through the Date of Termination. Except as provided in this Section 5(b5(c) and except for any vested benefits under any tax qualified pension plans of the Companyin Sections 2(d), 6 and continuation of health insurance benefits on the terms and 9(c), to the extent required by COBRAapplicable, the Company shall have no additional obligations to the Executiveunder this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Semiconductor Components Industries LLC), Employment Agreement (Semiconductor Components Industries LLC), Employment Agreement (Semiconductor Components Industries LLC)

Cause or Voluntarily Other than for Good Reason. If the Executive’s employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination the Accrued Benefits. Except as provided in this Section 5(b) and Section 2(c) hereof concerning any remaining installments of the Sign-on Bonus, and except for any vested benefits under any tax qualified pension plans of the Company, and continuation of health insurance benefits on the terms and to the extent required by COBRA, the Company shall have no additional obligations to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Aleris International, Inc.), Employment Agreement (Aleris International, Inc.)

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Cause or Voluntarily Other than for Good Reason. If the Executive’s 's employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive for other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination Termination: (i) the Accrued BenefitsExecutive's accrued but unused vacation through the Date of Termination; and (ii) his accrued but unpaid Base Salary through the Date of Termination. Except as provided in this Section 5(b5(c) and except for any vested benefits under any tax qualified pension plans of the Companyin Sections 2(e), 7 and continuation of health insurance benefits on the terms and 10(d), to the extent required by COBRAapplicable, the Company shall have no additional obligations to the Executiveunder this Agreement.

Appears in 1 contract

Samples: Employment Agreement (On Semiconductor Corp)

Cause or Voluntarily Other than for Good Reason. If the Executive’s employment is terminated during the Employment Period by the Company for Cause or voluntarily by the Executive other than for Good Reason, the Company shall pay the Executive within thirty (30) days following the Date of Termination: (i) Executive’s accrued but unused vacation through the Date of Termination; and (ii) his accrued but unpaid Base Salary through the Date of Termination (to the Accrued Benefitsextent not theretofore paid). Except as provided in this Section 5(b5(c) and except for any vested benefits under any tax qualified pension plans of the Companyin Sections 2(e), 7 and continuation of health insurance benefits on the terms and 10(d), to the extent required by COBRAapplicable, the Company shall have no additional obligations to the Executiveunder this Agreement.

Appears in 1 contract

Samples: Employment Agreement (On Semiconductor Corp)

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