Common use of For Cause Termination, Resignation without Good Reason Clause in Contracts

For Cause Termination, Resignation without Good Reason. If Executive’s employment with the Company is terminated by the Company for Cause or Executive voluntarily resigns without Good Reason (as defined below), Executive shall not be entitled to any further compensation or benefits other than accrued but unpaid Base Salary (payable as provided in Section 3(a)) and accrued and unused vacation pay through the date of such termination (collectively, the “Accrued Benefits”). If the definition of “Cause” set forth below conflicts with such definition in any stock incentive plan or agreement of the Company or any of its affiliates, the definition set forth herein shall control.

Appears in 4 contracts

Samples: Employment Agreement (GateHouse Media, Inc.), Employment Agreement (GateHouse Media, Inc.), Employment Agreement (GateHouse Media, Inc.)

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