Common use of COMPENSATION UPON TERMINATION WITHOUT GOOD REASON Clause in Contracts

COMPENSATION UPON TERMINATION WITHOUT GOOD REASON. If the Executive's employment is terminated by the Executive without Good Reason during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer shall (i) pay the Accrued Obligations to the Executive in a lump sum in cash within 30 days of the date of termination; and (ii) timely pay or provide the Other Benefits.

Appears in 5 contracts

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

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COMPENSATION UPON TERMINATION WITHOUT GOOD REASON. If the Executive's ’s employment is terminated by the Executive without Good Reason during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer Company shall (i) pay the Accrued Obligations (other than the amount described in Section 9(a)(ii)) to the Executive in a lump sum in cash within 30 days of the date of termination; and (ii) timely pay or provide the Other Benefits.

Appears in 2 contracts

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

COMPENSATION UPON TERMINATION WITHOUT GOOD REASON. If the Executive's employment is terminated by the Executive without Good Reason during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer shall (i) pay the Accrued Obligations (other than the amount described in Section 9(a)(ii)) to the Executive in a lump sum in cash within 30 days of the date of termination; and (ii) timely pay or provide the Other Benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Superior Telecom Inc)

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COMPENSATION UPON TERMINATION WITHOUT GOOD REASON. If the Executive's employment is terminated by the Executive without Good Reason during the Employment Term, this Agreement shall terminate without further obligation to the Executive, except that the Employer Company shall (i) pay the Accrued Obligations (other than the amount described in Section 8(a)(ii)) to the Executive in a lump sum in cash within 30 days of the date of termination; and (ii) timely pay or provide the Other Benefits.

Appears in 1 contract

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

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