Common use of Company’s Termination for Cause Clause in Contracts

Company’s Termination for Cause. This Agreement and Executive's employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.

Appears in 5 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

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Company’s Termination for Cause. This Agreement and Executive's ’s employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

Company’s Termination for Cause. This Agreement and Executive's employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three ten days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.

Appears in 3 contracts

Samples: Executive Employment Agreement (NBC Capital Corp), Executive Employment Agreement (NBC Capital Corp), Executive Employment Agreement (NBC Capital Corp)

Company’s Termination for Cause. This Agreement and Executive's employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount compensation described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

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Company’s Termination for Cause. This Agreement and Executive's ’s employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount compensation described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Cleco Power LLC)

Company’s Termination for Cause. This Agreement and Executive's employment hereunder may be terminated by the Company on account of Cause. In such event, the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. Notwithstanding any provision of this Agreement or any other plan, policy or agreement evidencing any other compensation arrangement or benefit payable to Executive, no additional amount shall be paid to Executive, except as may be required by law.shall

Appears in 1 contract

Samples: Executive Employment Agreement (Cleco Power LLC)

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