Common use of Cause; Without Good Reason Clause in Contracts

Cause; Without Good Reason. If the Executive’s employment is terminated by the Company For Cause or By the Executive Without Good Reason during the Term, the Company shall provide to the Executive the Accrued Obligations, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreement. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Espey MFG & Electronics Corp), Executive Employment Agreement (Espey MFG & Electronics Corp), Executive Employment Agreement (Espey MFG & Electronics Corp)

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Cause; Without Good Reason. If the Executive’s 's employment is with the Company shall be terminated for Cause by the Company For Cause or By by the Executive Without without Good Reason during the TermReason, the Company Employment Period shall provide to terminate on the date of termination and the Executive the shall be entitled to receive all Accrued Obligations, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreement. In All such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days after the date of the Date of Terminationtermination.

Appears in 2 contracts

Samples: Employment Agreement (Quality Dining Inc), Development Agreement (Quality Dining Inc)

Cause; Without Good Reason. If the Executive’s 's employment is terminated by By the Company For Cause or By the Executive Without Good Reason during the TermEmployment Period, the Company shall provide to the Executive the Accrued Obligations, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreementagreement. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (Aja Cannafacturing, Inc.), Executive Employment Agreement (IDS Industries, Inc.)

Cause; Without Good Reason. If the Executive’s employment is shall be terminated by the Company For for Cause or By if the Executive Without Good Reason terminates employment during the TermTerm other than for Good Reason, the Company this Agreement shall provide terminate without further obligations to the Executive the Executive, other than for Accrued Obligations, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreement. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of on the thirtieth (30th) day after the Date of Termination.

Appears in 2 contracts

Samples: Retention Agreement (Parkway Properties Inc), Retention Agreement (Parkway Properties Inc)

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Cause; Without Good Reason. If the Executive’s 's employment is terminated by By the Company For Cause or By the Executive Without Good Reason during the TermEmployment Period, the Company shall provide to the Executive the Accrued ObligationsObligations and Other Benefits, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreementagreement. In such case, all Accrued Obligations shall be paid to the Executive in a lump sum in cash within [30 days days] of the Date of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Textmunication Holdings, Inc.)

Cause; Without Good Reason. If the Executive’s employment is shall be terminated by the Company For with Cause or By the Executive Without terminates his employment without Good Reason during the TermEmployment Period, the Company this Agreement shall provide terminate without further obligations to the Executive other than the obligation to pay to the Executive (i) the Accrued ObligationsObligations through the Date of Termination and (ii) Other Benefits, and there shall be no Additional Compensation and the Company shall have no other severance obligations under this Agreement. In such in each case, all to the extent theretofore unpaid. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Banc of California, Inc.)

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