Common use of Effect of Termination on Compensation Clause in Contracts

Effect of Termination on Compensation. (a) In the event this agreement is terminated by the Employer for reasons other than good cause, prior to the completion of the initial term of employment specified herein, or any extensions of the agreement, the Employee shall be entitled to the remainder of the unearned basic compensation as provided for in this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Nations Express Inc), Employment Agreement (Nations Express Inc), Employment Agreement (Nations Express Inc)

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Effect of Termination on Compensation. (a) In the event of termination of this agreement is terminated by the Employer for reasons other than good cause, Agreement prior to the completion of the initial term of employment specified herein, or any extensions of the agreementabove, the Employee shall be entitled to the remainder compensation earned prior to the date of the unearned basic compensation termination as provided for in this AgreementSchedule [designation of schedule].

Appears in 1 contract

Samples: Employment Agreement

Effect of Termination on Compensation. (a) In the event of termination of this agreement is terminated by the Employer for reasons other than good cause, Agreement prior to the completion of the initial term of employment specified herein, or any extensions of the agreementabove, the Employee shall be entitled to the remainder compensation earned prior to the date of the unearned basic compensation termination as provided for in this AgreementSchedule __________[designation of schedule].

Appears in 1 contract

Samples: Employment Agreement

Effect of Termination on Compensation. (a) In the event of termination of this agreement is terminated by the Employer for reasons Agreement other than good causefor willful breach or habitual neglect of duties, prior to the completion of the initial term of employment specified herein, or any extensions of the agreement, the Employee shall be entitled to the remainder compensation earned by him prior to the date of the unearned basic compensation termination as provided for in this Agreement and to all future compensation and benefits entitled to be received during the term of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Iamg Holdings Inc)

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Effect of Termination on Compensation. (a) In the event this agreement is terminated by the Employer for reasons other than good cause, prior to the completion of the initial term termination of employment specified herein, or any extensions of the agreementthis Agreement, the Employee shall be entitled to his base salary earned prior to the remainder date of the unearned basic compensation termination as provided for in this AgreementAgreement computed pro-rata up to and including the date of termination.

Appears in 1 contract

Samples: Employment Agreement (New Century Energy Corp.)

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