Cause; Voluntary Termination Sample Clauses

Cause; Voluntary Termination. If the Executive’s employment terminates for Cause, this Agreement shall terminate without further obligations to the Executive other than the obligation to pay to the Executive the Accrued Obligations. If the Executive’s employment terminates due to the Executive’s voluntarily termination of this Agreement, except as provided in clause (y) of the first paragraph of Section 6.2(b), this Agreement shall terminate without further obligations to the Executive other than the obligation to pay to the Executive the Accrued Obligations.
AutoNDA by SimpleDocs
Cause; Voluntary Termination. If, during the Employment Period, the Employer shall terminate Executive’s employment for Cause or Executive shall terminate Executive’s employment by a Voluntary Termination, then Executive shall be entitled to receive the following (collectively, the “Accrued Amounts”):
Cause; Voluntary Termination. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates his employment during the Employment Period (other than for “Good Reason”), the Company shall pay the Executive (i) the Annual Base Salary through the Date of Termination, (ii) the Annual Bonus for any calendar year ended prior to the Date of Termination, and (iii) any other vested benefits to which the Executive is entitled, in each case to the extent not yet paid, including but not limited to accrued but unpaid vacation pay, and the Company shall have no further obligations to the Executive under this Agreement.
Cause; Voluntary Termination. 4.3.1 In the event of the conviction of the Executive of any felony involving intentional conduct on the part of the Executive, the conviction of the Executive of any lesser crime or offense involving the illegal use or conversion of property of the Employers or any of their subsidiaries or affiliates, the willful misconduct by the Executive in connection with the performance of the Executive's duties hereunder (which shall not be deemed to include an action by the Executive taken in good faith in the best interest of the Employers) or the continued breach by the Executive of any material provision of this Agreement after notice of such breach has been actually received by the Executive from the Employers (the "deemed receipt" provisions of Article 8 hereof being inapplicable to this Section 4.3.1), the Employers may at any time, by written notice to the Executive, terminate the Term (a "Termination For Cause") and, upon such Termination For Cause, the Term shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder; provided, that the Employers shall be obligated to pay to the Executive, within 60 days of the date of termination, all unpaid Base Salary accrued, and provide the Executive with all benefits and expense reimbursement to which the Executive would otherwise be entitled, through and including the date of termination.
Cause; Voluntary Termination. If Executive’s employment shall be Terminated for Cause or Executive shall effect a Voluntary Termination, in either case during the Employment Period, this Agreement shall terminate without further obligations to Executive, except that (i) the Accrued Obligations shall be paid in a lump sum in cash on the 30th day after the Date of Termination, and (ii) Other Benefits shall be paid or provided in a timely manner, in each case to the extent theretofore unpaid; provided, however, that, unless otherwise prohibited by applicable rules of such Welfare Benefit Plans, Executive’s right to continue to participate in Welfare Benefit Plans shall terminate on the 30th day following the Date of Termination, subject to Executive’s rights under COBRA.
Cause; Voluntary Termination. In the event of gross neglect by the Executive of the Executive's duties hereunder, conviction of the Executive of any felony, conviction of the Executive of any lesser crime or offense involving the property of the Company or any of its subsidiaries or affiliates, willful misconduct by the Executive in connection with the performance of any material portion of the Executive's duties hereunder, a willful breach by the Executive of Sections 5, 6 or 7 or any other material provision of this Agreement or any other conduct on the part of the Executive which would make the Executive's continued employment by the Company materially prejudicial to the best interests of the Company, the Company may at any time by written notice to the Executive terminate the Term and, upon such termination, this Agreement shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder, except any as shall have been earned to the date of such termination and owed to the Executive. In the event the Executive voluntarily terminates employment (other than pursuant to Section 4.4 as a result of a breach of this Agreement by the Company), this Agreement shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder, except any as shall have been earned by and owned to the Executive as of the date of such termination. Upon a termination of the Executive's employment under this Section 4.3, all unvested Options shall be immediately forfeited.
Cause; Voluntary Termination. If the Executive’s employment is terminated (i) due to the Executive’s death or Disability, (ii) for Cause by the Company, or (iii) by the Executive voluntarily during the Employment Period, the Company shall pay the Executive, within 10 days after the Date of Termination, a lump-sum cash amount equal to the sum of any portion of the Salary and any other compensation earned for the period up to the Date of Termination that has not yet been paid, plus the cash equivalent of any accrued but unused vacation.
AutoNDA by SimpleDocs
Cause; Voluntary Termination. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates his employment during the Employment Period, the Company shall pay the Executive (i) the Annual Base Salary through the Date of Termination (ii) the Annual Bonus for any calendar year ended prior to the Date of Termination, and (iii) any other vested benefits to which the Executive is entitled, in each case to the extent not yet paid, including, but not limited to accrued but unpaid vacation pay and the Company shall have no further obligations to the Executive under this Agreement.
Cause; Voluntary Termination. If, during the Term, Employer shall terminate Employee’s employment for Cause or Employee shall terminate Employee’s employment by a Voluntary Termination, then Employee shall be entitled to receive the following (collectively, the “Accrued Amounts”):
Cause; Voluntary Termination. If the Executive’s employment shall be terminated either (1) by the Company for Cause under Section 5(c) or
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!