Common use of Cause or Voluntary Clause in Contracts

Cause or Voluntary. If Employee's employment shall be terminated under Sections 5.1, 5.2, 5.4 or 5.6, Employer's obligations to Employee shall terminate, other than the obligation (i) to pay to Employee his Salary through the Date of Termination at the rate in effect on the day preceding the Date of Termination, (ii) any bonus due as of the Date of Termination, and (iii) to continue to provide Employee with benefits of the type described in Section 9 through the Date of Termination.

Appears in 4 contracts

Samples: Employment Agreement (Skechers Usa Inc), Employment Agreement (Skechers Usa Inc), Employment Agreement (Skechers Usa Inc)

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Cause or Voluntary. If Employee's employment shall be terminated under Sections 5.1, 5.2, 5.4 5.4, or 5.6, Employer's obligations to Employee shall terminate, other than the obligation (i) to pay to Employee his Salary through the Date of Termination at the rate in effect on the day preceding the Date of Termination, (ii) any bonus due as of the Date of Termination, and (iii) to continue to provide Employee with benefits of the type described in Section 9 through the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Skechers Usa Inc), Employment Agreement (Skechers Usa Inc)

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