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

Cause or Voluntary Termination Other than for Good Reason. If the Employee's employment shall be terminated for Cause during the Employment Period, or if the Employee voluntarily terminates his employment other than for Good Reason, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee his annual base salary through the date of termination (in a lump sum in cash within 30 days of the date of termination) and the amount of any compensation previously deferred by the Employee.

Appears in 5 contracts

Samples: Employment Agreement (Comstock Resources Inc), Employment Agreement (Comstock Resources Inc), Employment Agreement (Comstock Resources Inc)

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Cause or Voluntary Termination Other than for Good Reason. If the Employee's employment shall be terminated for Cause during the Employment Period, or if the Employee voluntarily terminates his employment other than for Good Reason, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee his annual base salary through the date of termination (and the amount of any compensation previously deferred by the Employee. Such amounts shall be paid to the Employee in a lump sum in cash within 30 days of the date of termination) and the amount of any compensation previously deferred by the Employee.

Appears in 4 contracts

Samples: Employment Agreement (Comstock Resources Inc), Employment Agreement (Comstock Resources Inc), Employment Agreement (Comstock Resources Inc)

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Cause or Voluntary Termination Other than for Good Reason. If the Employee's employment shall be terminated for Cause during the Employment Period, or if the Employee voluntarily terminates his employment other than for Good Reason, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee his annual base salary through the date of termination (in a lump sum in cash within 30 days of the date of termination) and in accordance with any applicable deferral election, the amount of any compensation previously deferred by the Employee.

Appears in 2 contracts

Samples: Employment Agreement (Comstock Resources Inc), Employment Agreement (Comstock Resources Inc)

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