Common use of Compensation Upon Termination for Cause Clause in Contracts

Compensation Upon Termination for Cause. If the Executive's employment is terminated for Cause during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer shall pay or provide the Executive the sum of (i) the Executive's Base Salary through the date of termination, (ii) the amount of any compensation previously deferred by the Executive and (iii) Other Benefits, in each case to the extent theretofore unpaid.

Appears in 6 contracts

Samples: Employment Agreement (Polyvision Corp), Executive Employment Agreement (Superior Telecom Inc), Executive Employment Agreement (Superior Telecom Inc)

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Compensation Upon Termination for Cause. If the Executive's ’s employment is terminated for Cause during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer Company shall pay or provide the Executive the sum of (i) the Executive's ’s Base Salary through the date of termination, (ii) the amount of any compensation previously deferred by the Executive and (iii) Other Benefits, in each case to the extent theretofore unpaid.

Appears in 2 contracts

Samples: Executive Employment Agreement (Superior Telecom Inc), Executive Employment Agreement (Superior Telecom Inc)

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Compensation Upon Termination for Cause. If the Executive's employment is terminated for Cause during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer Company shall pay or provide the Executive the sum of (i) the Executive's Base Salary through the date of termination, (ii) the amount of any compensation previously deferred by the Executive and (iii) Other Benefits, in each case to the extent theretofore unpaid.

Appears in 1 contract

Samples: Executive Employment Agreement (Alpine Group Inc /De/)

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