Dismissal without Cause. The Company may terminate the Executive's employment under this Agreement at any time during the Employment Term without Cause (as defined in Section 5.1.4) by giving written notice thereof to the Executive at least 30 days before the effective date of such termination. Upon such termination, the Executive shall be entitled to the compensation as provided in Sections 5.1.3 and 5.3 of this Agreement.
Dismissal without Cause. In the event of termination of the Employee for reasons other than for cause, the Employer may elect, in its sole discretion, to (i) give the Employee six months' written notice of termination, or (ii) payment in lieu of notice of an amount equal to six months of the Employee's then current Salary, payable in six equal installments once a month, on the last business day of such month, for six months. Such payment in lieu of notice will be subject to statutory deductions and withholdings. In addition, the Employee shall be entitled to, for six months following the date of such notice or payment in lieu thereof, to the extent they can be made available, the Regular Benefits pursuant to section 3 hereof. The Employee shall be entitled to no further compensation of any nature whatsoever.
Dismissal without Cause. The Option shall terminate two (2) weeks after the Optionee's employment with the Company and its Affiliates is terminated by reason of dismissal without Cause. During such two-week period the Optionee may purchase any remaining Option Shares which could have been purchased on the date Optionee's employment terminated, but may not purchase any Option Shares which would otherwise first become purchasable during such two-week period. As of the date of termination, the provisions of Paragraph 6 shall not apply.
Dismissal without Cause should Vesta Management terminates the employer-employee relationship with any Participant without cause, definitively established as a res judicata not subject to appeal rendered by the Conciliation and Arbitration Board or, as applicable, as court with jurisdiction (a “Dismissal without Cause”), the applicable Participant will be entitled to acquire the prorate share corresponding thereto of Part C Shares taking into consideration the Participation Percentage that as of the date of Dismissal without Cause corresponds to Participant in accordance with the Vesting Percentage applicable according to the Participation Vesting Schedule as of the date of Dismissal without Cause, notwithstanding the Participant is no longer rendering personal subordinate services to Vesta Management;
Dismissal without Cause. In the event you are dismissed from service without cause and through no fault of your own, or with cause except in the case of a felonious act, you will be eligible for a severance package as follows:
Dismissal without Cause. 6.3.1 If the Participant is dismissed from Employment Without Cause, the Participant’s Option will continue to vest and/or remain exercisable as if the Participant had continued to remain in Employment.
Dismissal without Cause. The Company's CEO or the Board may terminate the Executive's employment other than as provided in the foregoing provisions of this Section 5 at any time by giving written notice of termination to the Executive.
Dismissal without Cause. The Company may terminate the Executive's employment for any reason that is not "Cause" with thirty days notice, and in such instance shall pay Executive "Severance Pay," Severance Pay shall be the greater of the following: (a) one year of Base Salary, or (b) equivalent to the Base Salary for the remainder of the Initial Term of this Agreement had Executive's employment not been terminated. The Company may pay Severance Pay in a lump sum within thirty days following Executive's termination or may pay Severance Pay in monthly installments commencing thirty days following Executive's termination, at the Company's sole discretion. The Company shall have no further obligations to compensate the Executive during the period of Severance Pay other than paying accrued but unused vacation upon termination, continuing to accrue benefits up to the date of termination, and reimbursement for expenses as provided in Section 3.7. The Company shall have the right to discontinue Severance Pay or seek return of a pro rata share of Severance Pay paid in a lump sum for any violation of Article 5 below or for any reason stated in section 2.3(d) above.
Dismissal without Cause. 11.4 Subject to the remaining provisions of this Clause 11, if the Employer terminates the Employment Without Cause the Employer shall pay to the Executive in respect of each calendar month falling within the Severance Period a sum equal to the monthly salary payable to the Executive immediately prior to the Termination Date by reason of Clause 3.1 (“Monthly Payment”).
Dismissal without Cause. In the event of a proposal of dismissal without cause, the following procedure must be observed within the unit:
