Common use of Cause; Without Good Reason Clause in Contracts

Cause; Without Good Reason. If the Employment Term is terminated by the Company pursuant to Section 3.02(a), or Executive terminates the Employment Term other than pursuant to Section 3.01(a) or 3.03(a), without limiting or prejudicing any other legal or equitable rights or remedies that the Company may have upon such breach by Executive, the Company shall pay to Executive or on behalf of Executive, as Executive’s sole and exclusive remedy, in lieu of all other remedies at law or in equity, for such termination, which Executive acknowledges to be fair and reasonable, his accrued but unpaid Base Salary (plus accrued and unpaid expenses reimbursable in accordance with Section 2.06) through the date of termination.

Appears in 6 contracts

Samples: Employment Agreement (Azz Inc), Employment Agreement (Azz Inc), Employment Agreement (Azz Inc)

AutoNDA by SimpleDocs

Cause; Without Good Reason. If the Employment Term is terminated by the Company pursuant to Section 3.02(a), or Executive terminates the Employment Term other than pursuant to Section 3.01(a) or 3.03(a), without limiting or prejudicing any other legal or equitable rights or remedies that the Company may have upon such breach by Executive, the Company shall pay to Executive or on behalf of Executive, as Executive’s sole and exclusive remedy, in lieu of all other remedies at law or in equity, for such termination, which Executive acknowledges to be fair and reasonable, his accrued but unpaid Base Salary (plus accrued and unpaid expenses reimbursable in accordance with Section 2.06) through the date of termination.. 4.04

Appears in 2 contracts

Samples: Employment Agreement      Employment Agreement, Employment Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.