Discharge or Resignation. (a) Employee may be discharged prior to the expiration of the term of this Agreement (1) for "Just Cause"; or (2) upon 60 days written notice, even if "Just Cause" does not exist.
Discharge or Resignation. When an employee is discharged or resigns, payment will be made at the next regular payday. If requested, he will be given a certificate stating term of service and in what capacity he was employed. RULE 4 Deleted intentionally RULE 5 Job Descriptions
Discharge or Resignation. A. The Employer’s Board of Directors may terminate the Executive’s employment at any time, but any termination by the Employer’s Board of Directors other than a termination for cause, shall not prejudice the Employee’s right to compensation or other benefits under the contract. The Employee shall have no right to receive compensation or other benefits for any period after termination for cause. Termination for cause shall include termination because of the Employee’s dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of the contract.
Discharge or Resignation. If Employee ceases to be an employee of the Company, by reason of the fact that he is discharged for cause, as determined solely and exclusively by the Board, or by reason of his resignation or voluntary action, all rights of Employee to exercise the Options granted hereunder shall terminate, lapse, and be forfeited at the time of Employee’s termination of employment.
Discharge or Resignation. When an employee is discharged or resigns, payment will be made at the next regular payday. If requested, they will be CAR DEPARTMENT COLLECTIVE AGREEMENT October 1, 2022 – SEPTEMBER 30, 2027 given a certificate stating term of service and in what capacity they were employed.
Discharge or Resignation. (a) If an Optionee ceases to be an employee of the Company, by reason of the fact that he is discharged for cause, as determined solely and exclusively by the committee appointed by the Board to administer this Option (the "Committee"), all rights of the Optionee to exercise the Options granted hereunder shall terminate, lapse and be forfeited at the time of Optionee's termination of employment.
Discharge or Resignation. Escrow Agent at any time may: (i) be discharged by the giving to it of a written notice of termination signed by Seller and Purchaser or (ii) resign hereunder by giving written notice of its resignation to the other parties hereto, in either case such discharge or resignation notice to be given at least thirty (30) days prior to the date specified for such discharge or resignation to take effect, and upon the effective date thereof, the Holdback then held by Escrow Agent hereunder shall be delivered by it to such person as may be mutually agreed upon and designated in writing by the other parties executing this Escrow Agreement, whereupon all of the Escrow Agent's obligations hereunder shall cease and terminate. If no such person shall have been designated by such date, the withdrawing Escrow Agent may petition any court of competent jurisdiction located in the State of Indiana for the appointment of a successor Escrow Agent. Such court may thereupon, after such notice, if any, as it may deem proper, appoint a successor Escrow Agent. If no new Escrow Agent is so appointed within thirty (30) days following such petition, Escrow Agent may deposit the Holdback with any court in the State of Indiana it reasonably deems appropriate, whereupon Escrow Agent shall be relieved of all further obligations hereunder. Any successor Escrow Agent appointed as provided in this Section 12 shall execute and deliver to the parties hereto an instrument in writing accepting such appointment hereunder, and thereupon the withdrawal of the predecessor Escrow Agent shall become effective, and all obligations of the predecessor Escrow Agent hereunder shall cease and terminate. The sole responsibility thereafter of the predecessor Escrow Agent shall be to deliver the Holdback to such successor Escrow Agent. For all purposes of this Escrow Agreement, the term "Escrow Agent" shall, subject to the provisions of this Section 12, also include any successor as Escrow Agent hereunder.
Discharge or Resignation. (i) In the event that the Employee's employment with the Company is terminated for any reason other than due to death or Disability, then the Company shall pay the Employee (A) any unpaid Base Salary through the Date of Termination, (B) plus an amount equal to the pro rated annual incentive for the fiscal year in which the Date of Termination occurs equal to the minimum annual incentive (determined without regard to any performance goals) provided in Section 3(b)(ii) multiplied by a fraction, the numerator of which is the number of days from the beginning of fiscal year until the Date of Termination, and the denominator of which is 365, plus (C) any previously vested benefits, such as previously vested retirement benefits, plus (D) any deferred compensation (including, without limitation, interest or other credits on such deferred amounts), any accrued vacation pay and any reimbursement for expenses incurred but not yet paid prior to such Date of Termination. Furthermore, the Company shall honor any rights previously vested in the Employee under a stock option or other similar plan or program.
Discharge or Resignation. (a) Consultant may be discharged prior to the expiration of the term of this Agreement only for Just Cause. For the purpose of any provision of this Agreement, the termination of Consultant's engagement shall be deemed to have been for "Just Cause" only: (i) if termination of his engagement shall have been the result of an act or acts of dishonesty on the part of Consultant constituting a felony and resulting or intended to result directly or indirectly in gain or personal enrichment at the expense of the Company, or (ii) if during the Consulting Term there has been a breach by Consultant of the provisions of Section 1 above, relating to the provision of executive consulting services to the Company, or of Section 4, relating to Confidential Information and non-competition, and such breach results in demonstrable material injury to the Company, and
