Dispute over Termination. The Company may suspend binding authority in the event of a dispute over the reason for termination of the Agreement.
Dispute over Termination. In the event that Executive terminates his employment claiming Good Reason, which claim is disputed by the Corporation, or the Corporation terminates Executive’s employing for Cause, which claim is disputed by Executive, Executive shall receive severance benefits at 50% of the specified rate until the dispute is resolved in court or arbitration or for 12 months, whichever comes first. If Executive ultimately prevails in such a dispute, the Corporation shall pay to Executive 12 months of full severance benefits, less any partial severance benefits already paid. If the Corporation prevails, the Corporation’s obligation to pay Executive severance benefits immediately shall cease and Executive shall repay any severance benefits already paid. As a condition to receipt of the 50% severance benefits during such dispute, Executive shall agree to a lien on any shares held by Executive in the Corporation to secure the repayment obligation in the event that the Corporation prevails in such dispute. In either case, the duration of any of the applicable restrictive covenants set forth in Section 11 shall run from the original date of termination. The judge or arbitrator in any such dispute shall have the authority to award the prevailing party all reasonable legal fees, costs, and expenses incurred in contesting or defending (as the case may be) any termination of employment.
Dispute over Termination. In the event that (i) Executive terminates his employment claiming Good Reason, which claim is disputed by the Company or (ii) the Company terminates Executive’s employment for Cause, which claim is disputed by Executive, then in either case Executive shall receive severance benefits at fifty percent (50%) of the specified rate until the dispute is resolved in court or arbitration or for twelve (12) months, whichever first occurs. If Executive ultimately prevails in such a dispute, the Company shall pay to executive twelve (12) months of full severance benefits, less any partial severance benefits already paid. If the Company prevails, the Company’s obligation to pay Executive severance benefits shall immediately cease, and Executive shall repay any severance benefits already paid to him. As a condition to receipt of the partial severance benefits during such dispute, Executive shall agree to a lien on any shares held by Executive in the Company to secure the repayment obligation in the event that the Company prevails in such disputes. The duration of any of the applicable restrictive covenants set forth in Section 10 shall in any case run from the original date of termination. The judge or arbitrator in any such dispute shall have the authority to award the prevailing party all reasonable legal fees, costs and expenses incurred in contesting or defending (as the case may be) any termination of employment.
Dispute over Termination. In the event of a dispute over the reason for ------------------------ termination of the Agreement.
Dispute over Termination. (e) Unless GCSC has reasonable grounds to believe that the purpose of a dispute by the Customer is to evade or delay payment, GCSC shall not terminate service if the Customer notifies GCSC on or before the scheduled termination date that Customer disputes the reason for the termination; and the Customer pays any amounts due for undisputed charges.
Dispute over Termination. The Insurer may suspend the MGA’s binding authority in the event of a dispute over the reason for termination of this Agreement.
Dispute over Termination. In the event of a dispute over the reason for termination of this Agreement. Actions taken pursuant to this Article shall not be deemed as an amendment to this Agreement subject to Section 3 of Article XXI.
