Common use of Employment Period and Termination Clause in Contracts

Employment Period and Termination. Executive’s employment with the Company commenced on September 22, 2008 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i)). Executive may resign from his employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, (such date, the “Employment Termination Date”) the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f).

Appears in 3 contracts

Samples: Employment Agreement (Ladder Capital Corp), Employment Agreement (Ladder Capital Finance Holdings LLLP), Employment Agreement (Ladder Capital Corp)

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Employment Period and Termination. Executive’s employment with the Company commenced on September 22April 19, 2008 2010 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i4(d)). Executive may resign from his Executive’s employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii4(d)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, reason (such date, the “Employment Termination Date”) ), the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Executive’s Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f3(g).

Appears in 2 contracts

Samples: Employment Agreement (Ladder Capital Finance Holdings LLLP), Employment Agreement (Ladder Capital Corp)

Employment Period and Termination. Executive’s employment with the Company commenced on September 22, 2008 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i4(d)). Executive may resign from his Executive’s employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii4(d)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, reason (such date, the “Employment Termination Date”) ), the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Executive’s Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f3(g).

Appears in 1 contract

Samples: Employment Agreement (Ladder Capital Corp)

Employment Period and Termination. Executive’s employment with the Company commenced on September 22July 1, 2008 2019 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i4(d)). Executive may resign from his Executive’s employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii4(d)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, reason (such date, the “Employment Termination Date”) ), the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Executive’s Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f3(f).

Appears in 1 contract

Samples: Employment Agreement (Ladder Capital Corp)

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Employment Period and Termination. Executive’s employment with the Company commenced on September 22, 2008 20 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i4(d)). Executive may resign from his Executive’s employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii4(d)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, reason (such date, the “Employment Termination Date”) ), the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Executive’s Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f3(g).

Appears in 1 contract

Samples: Employment Agreement (Ladder Capital Corp)

Employment Period and Termination. Executive’s employment with the Company commenced on September 22, 2008 and shall continue until the date on which Executive ceases to be an employee of the Company for any reason (the “Employment Period”). The Company may terminate Executive’s employment by the Company at any time upon written notice to Executive, subject to the expiration of any applicable cure periods set forth herein in the case of a termination for Cause (as defined in Section 5(d)(i4(d)). Executive may resign from his Executive’s employment by the Company at any time upon ninety days prior written notice to the Company, unless such termination is for Good Reason (as defined in Section 5(d)(ii4(d)), in which case Executive may resign upon written notice to the Company, subject to any applicable cure periods as set forth herein. Upon the date Executive ceases to be employed by the Company for any reason, reason (such date, the “Employment Termination Date”) ), the Employment Period shall be deemed to have ended, and Executive shall be entitled to receive (i) his Executive’s Base Salary through the Employment Termination Date, subject to withholding and other appropriate deductions, and (ii) reimbursement for expenses accrued during the Employment Period in accordance with Section 4(f3(f).

Appears in 1 contract

Samples: Employment Agreement (Ladder Capital Corp)

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