Common use of Compensation Upon Termination for Cause and Certain Other Events Clause in Contracts

Compensation Upon Termination for Cause and Certain Other Events. In the event that Executive's employment is terminated pursuant to Paragraphs 6(b) or 6(e) above, he will not be entitled to any compensation other than: (i) any accrued but unpaid Base Salary, (ii) any reimbursement owed to him by the Company in accordance with Paragraph 4 and (iii) any other or additional benefits in accordance with the plans and programs of the Company referred to in Paragraph 3(d); in each case only through the date of termination of Executive's employment hereunder. All payments required to be made by the Company to Executive pursuant to this Paragraph 7(a) shall be paid on a regular basis in accordance with the Company's normal payroll procedures and policies and subject to withholding and deductions pursuant to Paragraph 11.

Appears in 4 contracts

Samples: Employment Agreement (Personnel Group of America Inc), Employment Agreement (Personnel Group of America Inc), Employment Agreement (Personnel Group of America Inc)

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Compensation Upon Termination for Cause and Certain Other Events. In the event that Executive's ’s employment is terminated pursuant to Paragraphs 6(b) or 6(e) above, he will not be entitled to any compensation other than: (i) any accrued but unpaid Base Salary, (ii) any reimbursement owed to him by the Company in accordance with Paragraph 4 and (iii) any other or additional benefits in accordance with the plans and programs of the Company referred to in Paragraph Paragraphs 3(d) or 3(e); in each case only through the date of termination of Executive's ’s employment hereunder. All payments required to be made by the Company to Executive pursuant to this Paragraph 7(a) shall be paid on a regular basis in accordance with the Company's ’s normal payroll procedures and policies and subject to withholding and deductions pursuant to Paragraph 11.

Appears in 1 contract

Samples: Employment Agreement (Venturi Partners Inc)

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