Common use of Expiration of the Employment Period Clause in Contracts

Expiration of the Employment Period. If Executive’s employment terminates by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 5 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.), Amended And (Green Brick Partners, Inc.)

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Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 5 contracts

Samples: Employment Agreement (Cec Entertainment Inc), Employment Agreement (Hospitality Distribution Inc), Employment Agreement (Hospitality Distribution Inc)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 4 contracts

Samples: Employment Agreement (Great Wolf Resorts, Inc.), Employment Agreement (Great Wolf Resorts, Inc.), Employment Agreement (Great Wolf Resorts, Inc.)

Expiration of the Employment Period. If Executive’s employment terminates by reason of hereunder shall terminate upon either the expiration of Company or Executive providing notice not to renew the Employment Period in the manner contemplated pursuant to Section 1 as a result 2 of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representativesthis Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Max Capital Group Ltd.), Employment Agreement (Max Capital Group Ltd.), Employment Agreement (Max Capital Group Ltd.)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives, except for Executive’s rights to vesting of Restricted Stock upon consummation of a Qualifying Acquisition within six months after termination as provided under Section 2(c)(ii).

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Wmih Corp.), Employment Agreement (Wmih Corp.)

Expiration of the Employment Period. If The Executive’s employment terminates by reason of shall terminate upon the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives1.

Appears in 3 contracts

Samples: Employment Agreement (Watermark Lodging Trust, Inc.), Employment Agreement (Carey Watermark Investors 2 Inc), Employment Agreement (First Industrial Lp)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extensionPeriod, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s his legal representatives.

Appears in 3 contracts

Samples: Employment Agreement (EVERTEC, Inc.), Employment Agreement (EVERTEC, Inc.), Employment Agreement (Evertec, LLC)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.. EXECUTION COPY

Appears in 3 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of either (x) the Company’s non-extension of the Agreement without Cause, or (y) Executive’s non-extensionextension of the Agreement for Good Reason, then the Company will provide Executive with the Accrued ObligationsObligations and, subject to Section 4(e), the Severance Payment. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 3 contracts

Samples: Employment Agreement (Cec Entertainment Inc), Employment Agreement (Cec Entertainment Inc), Employment Agreement (Cec Entertainment Inc)

Expiration of the Employment Period. If Executive’s employment terminates by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 2 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

Expiration of the Employment Period. If Executive’s 's employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s 's or Executive’s 's non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s 's legal representatives.

Appears in 1 contract

Samples: Employmentagreement (Cec Entertainment Inc)

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Expiration of the Employment Period. If Executive’s employment terminates by reason of with the Company shall terminate upon the expiration of the Employment Period pursuant to Section 1 as a result unless extended by agreement of the Company’s or parties hereto. If Executive’s non-extension, then 's employment with the Company will provide Executive with is not extended beyond the Accrued ObligationsEmployment Period, such termination shall not constitute a termination "for any other reason" as described in Section 4.e. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representativeshereof.

Appears in 1 contract

Samples: Employment Agreement (Blue Ridge Real Estate Co)

Expiration of the Employment Period. If Executive’s employment terminates by reason of with the Companies shall terminate upon the expiration of the Employment Period pursuant to Section 1 as a result unless extended by agreement of the Company’s or parties hereto. If Executive’s non-extension, then the Company will provide Executive 's employment with the Accrued ObligationsCompanies is not extended beyond the Employment Period, such termination shall not constitute a termination "for any other reason" as described in Section 4.e. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representativeshereof.

Appears in 1 contract

Samples: Employment Agreement (Blue Ridge Real Estate Co)

Expiration of the Employment Period. If Following the expiration of the Initial Employment Period, in the event Executive’s employment terminates is terminated by reason the Company, the Company shall have no obligation to Executive other than the continuation of Executive’s Base Salary (at the rate in effect at the time of such termination) through the first anniversary of the date of termination. Such payments will cease upon a breach by Executive of any provisions of this Agreement that survive the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representativesPeriod.

Appears in 1 contract

Samples: Employment Agreement (HLTH Corp)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extensionPeriod, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s his legal representatives.. EXECUTION COPY

Appears in 1 contract

Samples: Employment Agreement (EVERTEC, Inc.)

Expiration of the Employment Period. If Executive’s employment terminates shall be terminated by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued Obligations. Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 1 contract

Samples: Employment Agreement (Green Brick Partners, Inc.)

Expiration of the Employment Period. If Executive’s employment terminates by reason of the expiration of the Employment Period pursuant to Section 1 as a result of the Company’s or Executive’s non-extension, then the Company will provide Executive with the Accrued ObligationsObligations plus any Bonus due pursuant to Section 2(c)(ii). Thereafter, the Company Group shall have no further obligation to Executive or Executive’s legal representatives.

Appears in 1 contract

Samples: Employment Agreement (Green Brick Partners, Inc.)

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