Common use of Cause; Without Good Reason Clause in Contracts

Cause; Without Good Reason. If the Company terminates -------------------------- Executive's employment with the Company in anticipation of, on or after the occurrence of a Change in Control with Cause pursuant to Section 2.2 hereof, or if Executive terminates Executive's employment with the Company on or after the occurrence of a Change in Control without Good Reason pursuant to Section 2.2 hereof, Executive's employment with the Company shall terminate without further obligations to Executive, other than those obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to: (i) to the extent not theretofore paid, the Base Salary in effect at the time of such termination through the date of termination; and (ii) in the case of compensation previously deferred by Executive, all amounts previously deferred (together with any accrued interest thereon) and not yet paid by the Company; (iii) all other amounts or benefits owing or accrued to, vested in or earned by Executive through the date of termination under the then existing or applicable plans, programs, arrangements, and policies of the Company and its affiliates, including, but not limited to, the Additional Compensation; such obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, such amounts and benefits specified in clauses (i), (ii), and (iii) of this sentence, being hereinafter collectively referred to as the "Accrued Obligations." The aggregate amount of such obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, the Accrued Obligations, shall be paid or caused to be paid by the Company to Executive in accordance with the plans, programs or agreements under which the Accrued Obligations were earned.

Appears in 5 contracts

Samples: Change in Control Agreement (Mail Well Inc), Change in Control Agreement (Mail Well Inc), Change in Control Agreement (Mail Well Inc)

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Cause; Without Good Reason. If the Company terminates -------------------------- Executive's employment with the Company in anticipation of, on or after the occurrence of a Change in Control with Cause pursuant to Section 2.2 2.2(a) hereof, or if Executive terminates Executive's his employment with the Company on or after the occurrence of a Change in Control without Good Reason pursuant to Section 2.2 2.2(a) hereof, Executive's employment with the Company shall terminate without further obligations to Executive, other than those obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to: (i) to the extent not theretofore paid, the Base Salary in effect at the time of such termination through the date of termination; and (ii) in the case of compensation previously deferred by Executive, all amounts previously deferred (together with any accrued interest thereon) and not yet paid by the Company;, and accrued vacation pay, if any, not yet paid by the Company; and (iii) all other amounts or benefits owing or accrued to, vested in or earned by Executive through the date of termination under the then existing or applicable plans, programs, arrangements, and policies of the Company and its affiliates, including, but not limited to, the Additional Compensation; such obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, such amounts and benefits specified in clauses (i), (ii), and (iii) of this sentence, being hereinafter collectively referred to as the "Accrued Obligations." The aggregate amount of such obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, the Accrued Obligations, shall be paid or caused to be paid by the Company to Executive in accordance with the plans, programs or agreements under which the Accrued Obligations were earned.

Appears in 1 contract

Samples: Change in Control Agreement (Southern Financial Bancorp Inc /Va/)

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Cause; Without Good Reason. If the Company terminates -------------------------- Executive's employment with the Company in anticipation of, on or after the occurrence of a Change in Control under this Agreement with Cause pursuant to Section 2.2 4.2(a) hereof, or if Executive terminates Executive's his employment with the Company on or after the occurrence of a Change in Control without Good Reason pursuant to Section 2.2 hereofReason, then Executive's employment with the Company shall terminate without further obligations to Executive, other than those obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to: (i) to the extent not theretofore paid, the Executive's Base Salary in effect at the time of such termination through the date of termination; and; (ii) in the case of compensation previously deferred by Executive, all amounts previously deferred (together with any accrued interest thereon) and not yet paid by the Company;; and (iii) all other amounts or benefits owing or accrued to, vested in or earned by Executive through the date of termination under the then existing or applicable plans, programs, arrangements, and policies of the Company and its affiliates, including, but not limited to, the Additional Compensationany such plans, programs, arrangements, or policies described in Section 2.1(b) hereof; such The obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, such amounts and benefits specified in clauses (i), (ii), and (iii) of this sentence, being section 4.3(a) shall be hereinafter collectively referred to as the "Accrued Obligations." The aggregate amount of such obligations owing or accrued to, vested in, or earned by Executive through the date of termination, including, but not limited to, the Accrued Obligations, shall be paid or caused to be paid by the Company to Executive in accordance with the plans, programs or agreements under which the Accrued Obligations were earned.

Appears in 1 contract

Samples: Employment Agreement (Mail Well Inc)

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