Common use of Employee's Termination for Cause Clause in Contracts

Employee's Termination for Cause. Employee may terminate this Agreement at any time if: 5.4.1 The Company is in material breach of its obligations hereunder; and 5.4.2 Either such breach is incurable or, if curable, has not been cured within fifteen (15) days following receipt of written notice of such breach by the Company. In no event, however, may the Employee terminate this Agreement without providing the Company with at least ten (10) days written notice of its intent to terminate this Agreement. In the event Employee terminates this Contract pursuant to this Section, Employee shall have the same rights and remedies against the Company as he would have had the company terminated his employment without cause pursuant to Section 5.1 hereof (including all rights under Section 5.2).

Employee's Termination for Cause. Employee may terminate this Agreement at any time if: 5.4.1 The Company is in material breach of its obligations hereunder; and 5.4.2 Either such breach is incurable or, if curable, has not been cured within fifteen (15) days following receipt of written notice of such breach by the Company. In no event, however, may the Employee terminate this Agreement without providing the Company with at least ten (10) days written notice of its intent to terminate this Agreement. In the event Employee terminates this Contract pursuant to this Section, Employee shall have the same rights and remedies against the Company as he would have had the company Company terminated his employment without cause pursuant to Section 5.1 hereof (including all rights under Section 5.2).

Employee's Termination for Cause. Employee may terminate this Agreement may, at any time upon 10 days' prior written notice to the Company, terminate this Contract if: 5.4.1 (a) The Company is in material breach of its obligations hereunder; and 5.4.2 (b) Either such breach is incurable or, if curable, has not been cured within fifteen (15) days following receipt of 15 days' prior written notice of such breach by the Company. In no event, however, may the Employee terminate this Agreement without providing thereof to the Company with at least ten (10) days written notice of its intent to terminate this Agreementby Employee. In the event Employee terminates this Contract pursuant to this SectionSection 5.4, Employee shall have the same rights and remedies against the Company as he would have had the company Company terminated his employment without cause pursuant to Section 5.1 hereof (including all rights the right to payment under Section 5.2).