Common use of For Cause Termination Clause in Contracts

For Cause Termination. If the Employee’s employment hereunder is terminated during the Employment Term pursuant to a For Cause Termination, the Company shall pay to the Employee, in a lump sum in cash within thirty (30) days after the Employment Termination Date, the Employee’s accrued and unpaid Base Salary, reimbursable expenses and vacation accrued but unpaid in each case through the Employment Termination Date, to the extent not theretofore paid, and, thereafter, the Company shall have no further obligations to the Employee under this Employment Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Starboard Resources, Inc.), Employment Agreement (Starboard Resources, Inc.), Employment Agreement (Starboard Resources, Inc.)

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For Cause Termination. If the Employee’s employment hereunder is terminated during the Employment Term pursuant to a For Cause Termination, the Company shall pay to the Employee, in a lump sum in cash within thirty (30) days after the Employment Termination Date, the Employee’s accrued and unpaid Base Salary, reimbursable expenses and vacation accrued but unpaid in each case through the Employment Termination Date, to the extent not theretofore paid, and, thereafter, the Company shall have no further obligations to the Employee under this Employment Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Sonterra Resources, Inc.), Employment Agreement (Sonterra Resources, Inc.), Employment Agreement (Sonterra Resources, Inc.)

For Cause Termination. If the Employee’s employment hereunder is terminated during the Employment Term pursuant to a For Cause Termination, the Company shall pay to the Employee, in a lump sum in cash within thirty (30) 15 days after the Employment Termination Date, the Employee’s accrued and unpaid Base Salary, reimbursable expenses and vacation accrued but unpaid in each case through the Employment Termination Date, to the extent not theretofore paid, and, thereafter, the Company shall have no further obligations to the Employee under this Employment Agreement.

Appears in 4 contracts

Samples: Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.)

For Cause Termination. If the Employee’s employment hereunder is terminated during the Employment Term pursuant to a For Cause Termination, the Company shall pay to the Employee, in a lump sum in cash within thirty (30) days after the Employment Termination Date, the Employee’s accrued and unpaid Base SalarySalary (provided that such sum shall be deemed to be zero dollars ($0) prior to the Acquisition Completion), reimbursable expenses and vacation accrued but unpaid in each case through the Employment Termination Date, to the extent not theretofore paid, and, thereafter, the Company shall have no further obligations to the Employee under this Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Sonterra Resources, Inc.), Employment Agreement (Sonterra Resources, Inc.), Employment Agreement (Sonterra Resources, Inc.)

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For Cause Termination. If the Employee’s 's employment hereunder is terminated during the Employment Term pursuant to a For Cause Termination, the Company shall pay to the Employee, in a lump sum in cash within thirty (30) days after the Employment Termination Date, the Employee’s 's accrued and unpaid Base Salary, reimbursable expenses and vacation accrued but unpaid in each case through the Employment Termination Date, to the extent not theretofore paid, and, thereafter, the Company shall have no further obligations to the Employee under this Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement (River Capital Group, Inc.), Employment Agreement (River Capital Group, Inc.), Employment Agreement (River Capital Group, Inc.)

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