Employment Termination. This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:
Employment Termination. The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:
Employment Termination. 12.1 Subject to the terms and conditions of the National Building and Construction Industry Award 2000, it is agreed that it is the company’s prerogative to determine the order of selection of employees for employment or retrenchment subject always to the following:
Employment Termination. The Term of employment under this Agreement may be earlier terminated only as follows:
Employment Termination. (i) If any Employment Term is terminated early by resolution of the Board with Cause or by reason of the Executive's voluntary resignation without Good Reason, then the Executive shall be entitled to receive only all previously earned and accrued but unpaid Base Salary and vacation time up to the date of the Employment Termination (and not any accrued but unpaid Bonus as of the date of the Employment Termination).
Employment Termination. If the Optionee shall no longer be employed on a full-time basis by the Company for any reason whatsoever (including by reason of death, permanent disability or adjudicated incompetency) (“Terminated” or a “Termination”), irrespective of whether the Optionee receives, in connection with the Termination, any severance or other payment from the Company under any employment agreement or otherwise, (i) the Option, to the extent it is not exercisable pursuant to Section 4.1 hereof at the date of such Termination, shall terminate on, and shall be of no further force and effect from and after, the date of such Termination, and (ii) the Option, to the extent it is exercisable pursuant to Section 4.1 hereof at the date of such Termination (the “Exercisable Portion of the Option”), shall be exercisable by the Optionee during the Post-Termination Exercise Period (as defined below), but in no event after the expiration of the term of the Option, and, until exercised, the Exercisable Portion of the Option shall continue to be subject to the terms of this Agreement, including Section 4.2 hereof. If the Optionee does not exercise any portion of the Exercisable Portion of the Option within the Post-Termination Exercise Period, such portion shall terminate and shall be of no further force and effect following the close of business on the last day of the Post-Termination Exercise Period.
Employment Termination. (a) At any time during the Term, and except as otherwise provided in Sections 4(b) and 4(c) hereof, the Company shall only have the right to terminate this Employment Agreement and Xxxxxx’x employment with the Company hereunder, upon written notice to Xxxxxx, in the event Xxxxxx engages in conduct which constitutes “Cause.” For purposes of this Employment Agreement, Cause shall mean (i) Xxxxxx’x willful misconduct or gross negligence in the performance of his obligations under this Employment Agreement, (ii) dishonesty or misappropriation by Xxxxxx relating to the Company or any of its funds, properties, or other assets, (iii) inexcusable repeated or prolonged absence from work by Xxxxxx (other than as a result of, or in connection with, a disability), (iv) any unauthorized disclosure by Xxxxxx of confidential or proprietary information of the Company, which is reasonably likely to result in material harm to the Company, (v) a conviction of Xxxxxx (including entry of a guilty or nolo contendere plea) involving fraud, dishonesty, moral turpitude, or involving a violation of federal or state securities laws, or (vi) the failure by Xxxxxx to perform faithfully his duties hereunder or other breach by Xxxxxx of this Employment Agreement and such failure or breach is not cured, to the extent cure is possible, by Xxxxxx within thirty (30) days after receipt of written notice thereof from the Company to Xxxxxx. If this Employment Agreement and Xxxxxx’x employment with the Company hereunder is terminated for Cause, or if Xxxxxx voluntarily resigns from the Company without Good Reason, during the Term, the Company shall pay Xxxxxx an amount equal to all earned but unpaid portions of the Annual Salary and unused vacation days through the date of termination, and following any such termination, Xxxxxx shall not be entitled to receive any other compensation or benefits from the Company hereunder.
Employment Termination. This Agreement and Executive’s employment may be terminated by the Company for Cause (as defined below), or without Cause or by Executive for Good Reason (as defined below) or without Good Reason or upon the Executive’s death or Total Disability. Except where a specific notice procedure is described herein, the Company or Executive shall provide the other party at least sixty (60) days notice of any termination (or 60 days pay in lieu of notice). Upon any termination of employment, Executive shall be entitled to receive payments or benefits as described in this Agreement.
Employment Termination. Subject to earlier termination as provided for in this Section, the Employer hereby employs Employee, and Employee hereby accepts employment with the employer pursuant to the terms of this agreement, which empowers Employer to terminate employee at any time with cause. Cause shall be defined as: i) failure of Employee to perform the duties in a manner satisfactory to Employer, in its sole discretion; provided, however, that the Employment shall not be terminated pursuant to this subparagraph (i) unless Employer first gives Employee a written notice ("Notice of Deficiency"). The Notice of Deficiency shall specify the deficiencies in Employee's performance of his duties. Employee shall have a period of thirty (30) days, commencing on receipt of the Notice of Deficiency, in which to cure the deficiencies contained in the Notice of Deficiency. In the event, Employee does not cure the deficiencies to the satisfaction of Employer, in its sole discretion, within such thirty- (30) day period; the Employer shall have the right to immediately terminate the Employee's Employment. The provisions of this subparagraph (i) may be invoked by Employer any number of times and cure of deficiencies contained in any Notice of Deficiency shall not be construed as a waiver of this subparagraph (i) nor prevent the Employer from issuing any subsequent Notices of Deficiency; ii) any dishonesty by Employee in dealings with the Employer, the commission of fraud by Employee, or negligence or willful neglect in the performance of the duties of Employee; iii) the arrest or conviction (or plea of guilty or no lo contendere) of Employee of any felony or other crime involving dishonesty or moral turpitude; iv) any violation of any provision contained in this agreement; v) unlawful use of narcotics or other controlled substances, or use of alcohol or other drugs in a manner the Employer reasonably determines to be adverse to the best interest of the Employer; vi) Failure of Employee to attend training programs required for competency in his duties (job description) as an Employee; vii) if, due to any act or omission of Employee, liability insurance cannot be reasonably obtained or maintained, or if, due to any act or omission of Employee, liability insurance is canceled, terminated or revoked; or, For all purposes of this Agreement, termination for "cause" shall be deemed to have occurred in the event of Employee's resignation when, because of existing facts and circumstances, subsequent te...
Employment Termination. If your employment is terminated by the Company for any reason or no reason (including for Cause), due to your resignation for any reason (including Good Reason), or due to your death or disability, the Company will pay your base salary and any benefits or other compensation earned and/or accrued through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. Except as specifically provided for below in section 10.3, you shall have no other rights to any other compensation or benefits following the employment termination date.
