Common use of Compensation Upon Termination for Cause Clause in Contracts

Compensation Upon Termination for Cause. Upon the termination of the Executive’s employment for Cause, the Company shall pay the Executive his Base Salary and prorated target incentive compensation, if any, and shall permit his continued participation in the Benefit Program through the effective date of such termination.

Appears in 4 contracts

Samples: Agreement (Ace Comm Corp), Agreement (Ace Comm Corp), Agreement (Ace Comm Corp)

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Compensation Upon Termination for Cause. Upon the termination of the Executive’s 's employment for Cause, the Company shall pay the Executive his Base Salary Salary, prorated incentive compensation and prorated target incentive compensation, if any, and shall permit his continued participation in the Benefit Program through the effective date of such termination.

Appears in 2 contracts

Samples: Agreement (DRS Technologies Inc), Agreement (DRS Technologies Inc)

Compensation Upon Termination for Cause. Upon the termination of the Executive’s 's employment for Cause, the Company shall pay the Executive his her Base Salary Salary, prorated Incentive Compensation and prorated target incentive compensation, if any, and shall permit his continued participation in the Benefit Program Program, through the effective date of such termination.

Appears in 1 contract

Samples: Employment Agreement (DRS Technologies Inc)

Compensation Upon Termination for Cause. Upon the termination of the Executive’s employment for Cause, the Company shall pay the Executive his Base Salary and Salary, accrued but unpaid vacation time, prorated target incentive compensationBonus, if any, and shall permit his continued participation in the Benefit Program Programs through the effective date of such terminationtermination and reimbursement for expenses incurred in accordance with Section 4.3.

Appears in 1 contract

Samples: Agreement (Ads in Motion, Inc.)

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Compensation Upon Termination for Cause. Upon the termination of the Executive’s 's employment for Cause, the Company shall pay the Executive his Base Salary Salary, prorated Incentive Compensation and prorated target incentive compensation, if any, and shall permit his continued participation in the Benefit Program Program, through the effective date of such termination.

Appears in 1 contract

Samples: Agreement (DRS Technologies Inc)

Compensation Upon Termination for Cause. Upon the termination of the Executive’s 's employment for Cause, the Company shall pay the Executive his Base Salary and prorated target incentive compensation, if any, and shall permit his continued participation in the Benefit Program through the effective date of such termination.

Appears in 1 contract

Samples: Agreement (DRS Technologies Inc)

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