Common use of Compensation After Termination Clause in Contracts

Compensation After Termination. (a) If the Employment Period is terminated (i) by the Company for Cause or due to the death or Permanent Disability of Employee, (ii) by Employee (including a termination resulting from Employee's election not to renew this Agreement under Section 1.1 hereof), then the Company shall have no further obligations hereunder or otherwise with respect to Employee's employment from and after the termination or expiration date (except payment of Employee's Base Salary accrued through the date of termination or expiration), and the Company shall continue to have all other rights available hereunder (including, without limitation, all rights under Article IV hereof) at law or in equity;

Appears in 6 contracts

Samples: Employment Agreement (Novamed Eyecare Inc), Employment Agreement (Novamed Eyecare Inc), Employment Agreement (Novamed Eyecare Inc)

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Compensation After Termination. (a) If the Employment Period is terminated (i) by the Company Corporation for Cause or due to the death or Permanent Disability of Employee, (ii) by Employee (including a termination resulting from Employee's election not to renew this Agreement under Section 1.1 hereof), then the Company corporation shall have no further obligations hereunder or otherwise with respect to Employee's employment from and after the termination or expiration date (except payment of Employee's Base Salary accrued through the date of termination or expiration), and the Company Corporation shall continue to have all other rights available hereunder (including, without limitation, all rights under Article IV hereof) at law or in equity;

Appears in 1 contract

Samples: Employment Agreement (Eautoclaims Com Inc)

Compensation After Termination. (a) If the Employment Period Executive is terminated (i) by the Company for Cause or due to the death Executive’s Permanent Disability, if the Executive resigns, other than for Good Reason, or Permanent Disability of Employeeif the Executive’s employment terminates due to the Executive’s death, (ii) then, except as required by Employee (including a termination resulting from Employee's election not to renew this Agreement under Section 1.1 hereof)law, then the Company shall have no further obligations hereunder or otherwise with respect to Employee's the Executive’s employment hereunder from and after the date of such termination or expiration date (except payment of Employee's the Base Salary accrued through the date of such termination or expirationand expenses pursuant to Sections 2.4(b) and 2.4(c) hereof), and the Company shall continue to have all other rights available hereunder (including, without limitation, all rights under Article IV hereof) the Restrictive Covenants at law or in equity;).

Appears in 1 contract

Samples: Senior Management Agreement (Beneficial Mutual Bancorp Inc)

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Compensation After Termination. (a) If the Employment Period is terminated (i) by the Company for Cause or due to the death or Permanent Disability of EmployeeGood Cause, (ii) by Employee Executive upon proper notice or (including a termination resulting from Employee's election not to renew this Agreement under Section 1.1 hereof)iii) upon expiration of the Employment Period, then the Company shall have no further obligations hereunder or otherwise with respect to EmployeeExecutive's employment from and after the termination or expiration date (except payment of EmployeeExecutive's Base Salary accrued through the date of termination, Stock Options that have vested through the date of the Executive's termination or expirationand any other accrued and unpaid benefits, if any), and the Company shall continue to have all other rights available hereunder (including, including without limitation, all rights under Article IV hereof) Section 3 at law or in equity;).

Appears in 1 contract

Samples: Employment And (Midnight Holdings Group Inc)

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