For Cause or Voluntary Termination. If the termination is for Cause or is not otherwise an Involuntary Termination, then the Executive will not be entitled to receive severance or other benefits hereunder.
For Cause or Voluntary Termination. Following a termination of this Agreement by OCTuS for Cause, or a Voluntary Termination by Employee, or any other termination by Employee other than for Good Reason or due to Employee’s death, Employee shall be entitled to receive in cash payment (less normal and customary deductions and withholdings) an amount equal to all accrued but unpaid compensation (including accrued but unused vacation leave) as of the date of such termination.
For Cause or Voluntary Termination. In the event Participant’s employment is terminated by the Company for Cause or by the Participant’s voluntary resignation for any reason, the Participant shall forfeit any or all of the shares of the Restricted Stock which have not vested, and the Participant shall have no further rights with respect to the Award. For purposes hereof, “Cause” means (i) with respect to any Participant who is a party to an employment or service agreement or employment policy manual with the Company or its affiliates and such agreement or policy manual provides for a definition of Cause, as defined therein and (ii) with respect to all other Participants, (A) the commission of, or plea of guilty or no contest to, a felony or a crime involving moral turpitude or the commission of any other act involving willful malfeasance or material fiduciary breach with respect to the Company or an affiliate, (B) conduct tending to bring the Company or an affiliate into substantial public disgrace, or disrepute, or (C) gross negligence or willful misconduct with respect to the Company or an affiliate. The Plan administrator, in its absolute discretion, shall determine the effect of all matters and questions relating to whether a Participant has been discharged for Cause.
For Cause or Voluntary Termination. In the event Participant’s employment is terminated by the Company for Cause (as such term is defined in an employment agreement between Participant and the Company, the terms of which have been approved by the Committee or the Board, or, otherwise, by the Plan), or by the Participant’s voluntary resignation, the Participant shall forfeit any or all of the shares of the Restricted Stock which have not vested, and the Participant shall have no further rights with respect to the Award.
For Cause or Voluntary Termination. If the Employee's employment is terminated by the Employer for Cause or the Employee voluntarily terminates employment with the Employer other than for Good Reason, the Employer shall pay to the Employee any unpaid Base Salary and vacation pay unused up to the Date of Termination, and shall have no further obligations hereunder.
For Cause or Voluntary Termination. The Company has the right to terminate Employee's employment for cause resulting in a termination of this Agreement, the elimination of any bonus payment for that year and the payment of salary only through the day of termination for cause. Termination under this Section 5.3 shall not affect the terms of the Noncompetition Agreement. Termination for cause would result from any of the following:
5.3.1 Employee willfully and continuously fails or refuses to comply with the reasonable policies, standards and regulations of the Company established from time to time or engages in conduct which is demonstrably and materially injurious to the Company, monetarily or otherwise; or
5.3.2 Employee breaches or fails to perform any material provision of this Agreement or the Noncompetition Agreement, and fails to cure the breach or fails to perform within fifteen (15) days of written notice by the board of directors to Employee of such breach or failure; or
5.3.3 Employee engages in fraud, dishonesty, or any other act of serious misconduct in the performance of Employee's duties on behalf of the Company; or
5.3.4 Employee voluntarily terminates his employment with the Company prior to June 30, 2001, and during any renewal period thereafter, except (i) as provided in Section 5.5 or (ii) when the Company is in breach of this Agreement in any material respect and the board of directors of the Company fails to cause the breach to be cured within fifteen (15) days of written notice of such breach by Employee to the board of directors.
For Cause or Voluntary Termination. For the purpose of any provision of this Agreement, the termination of Baymxx'x xxxloyment shall be deemed to have been for Cause only if:
(a) termination of his employment shall have been the result of Baymxx'x xxxviction of any of the following: (i) embezzlement; (ii) misappropriation of money or other property of the Company; or (iii) any felony; or
(b) there has been a breach by Baymxx xxxing the Period of Employment of the provisions of paragraph 3.03 above, relating to devotion of full time to the affairs of the Company, Section 8 relating to Competition, Section 9 relating to
For Cause or Voluntary Termination. If XXX terminates Employee’s employment for Cause, or if Employee terminates for any reason other than Good Reason, or if either party terminates this Agreement due to Employee’s Disability: (i) Employee shall be entitled to receive in a cash lump sum payment (less normal and customary deductions and withholdings) an amount equal to all accrued but unpaid compensation (including accrued but unused vacation leave) as of the date of such termination (such payment shall be made within the time period required by applicable law, but in no event later than thirty (30) days following the date of termination); and (ii) all rights to any further Quarterly Bonus and Annual Excess EBITDA Bonus payments (as defined below) shall terminate effective as of the date of termination.
For Cause or Voluntary Termination. Following a termination of this Agreement by NutraCea for Cause, or a Voluntary Termination by Employee, or any other termination by Employee other than for Good Reason or due to her death, Employee shall be entitled to receive in cash payment (less normal and customary deductions and withholdings) an amount equal to all accrued but unpaid compensation (including accrued but unused vacation leave) as of the date of such termination. By way of example, if NutraCea were to terminate this Agreement for Cause on June 30, 2009, Employee would be entitled to receive any compensation she had earned through June 30, 2009, but which had not been paid to her as of June 30, 2009.
For Cause or Voluntary Termination. For the purpose of any provision of this Agreement, the termination of Rhein's employment shall be deemed to have been for "Cause" only if:
(a) termination of his employment shall have been the result of Rhein's conviction of any of the following: (i) embezzlement; (ii) misappropriation of money or other property of the Company; or (iii) any felony; or
(b) there has been a breach by Rhein during the Period of Employment of the provisions of paragraph 3.03 above, relating to devotion of full time to the affairs of the Company, Section 8 relating to Competition, Section 9 relating to Confidential Information, or Section 10 relating to Noninterference, and such breach results in demonstrable significant injury to the Company, and with respect to any alleged breach of paragraph 3.03 hereof, Rhein shall have failed to remedy such breach within thirty (30) days from his receipt of written notice from the Company. If Rhein's employment is terminated by the Company for Cause, or if Rhein shall voluntarily terminate his employment with the Company, Rhein shall be entitled to the compensation provided for in paragraph 4.01(a)(i) through the date of such termination. Rhein shall not be entitled to any additional compensation or benefits (except for any vested benefits), and shall continue to be bound by the provisions of Section 8 of this Agreement (relating to Competition), the provisions of Section 9 of this Agreement (relating to Confidential Information), and the provisions of Section 10 (relating to Noninterference).