For Cause; Voluntary Resignation Sample Clauses

For Cause; Voluntary Resignation. If (i) the Company terminates -------------------------------- Executive's employment for Cause hereunder or (ii) Executive terminates his employment with the Company other than for Good Reason, then, except as otherwise specifically set forth herein, all of the Company's obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive's rights, if any, under the Company's employee and executive benefit plans shall be determined solely in accordance with the express terms of the respective plans. Notwithstanding the foregoing, Executive shall be entitled to receive any accrued base salary, accrued but unused vacation and unreimbursed expenses, and if such termination is by Executive other than for Good Reason on or after March 31, 2004, Executive shall be entitled to receive the benefits under Paragraphs 9(b)(i)(C), 9(b)(i)(E)(x) and (E)(y) and 9(b)(i)(H).
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For Cause; Voluntary Resignation. If the Company terminates -------------------------------- Executive's employment for Cause (as defined in subparagraph 9(c)(iv)) or Executive terminates his employment with the Company other than for Good Reason, then the rights and obligations of the Company and Executive shall be governed by Paragraph 9(a) hereof.
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For Cause; Voluntary Resignation. The Company may terminate this Agreement and your employment immediately for "Cause" as that term is defined here. "Cause" means any one of the following: (a) conviction of a felony; (b) material misappropriation of Company assets, (c) fraud towards the Company; (d) material breach of the Employee Confidentiality Agreement; (e) the Employee engages in insubordination that continues for 30 days after Employee receives written notice from the Company specifically stating the facts constituting insubordination, excessive absenteeism not arising from illness, violation of any state or federal law prohibiting sexual, race, gender or other harassment of employees or customers; or (f) the Employee becomes physically or mentally disabled and cannot perform the essential functions of his position with reasonable accommodation for a period of 90 days. In the event of termination for Cause or if you voluntarily resign your position without "Good Reason," as that term is defined below, the Company will pay you your Base Salary and any earned bonus and profit share through the date of termination.
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For Cause; Voluntary Resignation. In accordance with the provisions of Section 7(a) of the Plan, upon a Participant’s Separation from Service during the Restricted Period by the Company or any Subsidiary for Cause or by reason of the Participant’s voluntary resignation, the Participant shall forfeit all rights with respect to the Restricted Shares, which shall automatically be considered to be cancelled, and shall have only an unfunded right to receive from the Company’s general assets a cash payment equal to the lesser of (i) the Fair Market Value of the Restricted Shares on the Participant’s Separation from Service, or (ii) the aggregate Base Salary foregone by the Participant as a condition of receiving the Restricted Shares. Subject to the provisions of Section 3(d) hereof, such payment shall be made as soon as practicable following the date of the Separation from Service.
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For Cause; Voluntary Resignation. If the Company terminates Executive’s employment under this Agreement for Cause, in accordance with paragraph 5.3, or Executive terminates his employment due to a Voluntary Resignation, in accordance with paragraph 5.5, then, upon such termination all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment provided, however, that the Company shall pay to Executive all earned but as yet unpaid salary and bonus (the “Accrued Obligations”), unless Executive has made an irrevocable election under any deferred compensation arrangement subject to Section 409A of the Code to defer any portion of such salary or bonus, in which case such deferral election, and the terms of the applicable arrangement shall apply to such portion and such amounts shall be payable in accordance with the applicable arrangement.
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For Cause; Voluntary Resignation. If Executive’s employment hereunder shall terminate (a) pursuant to Section 3.2(c), or (b) pursuant to Executive’s resignation for any (or no) reason, then all compensation and all benefits to Executive hereunder shall terminate contemporaneously with such termination of employment, except that Executive shall be entitled to (i) payment of all accrued and unpaid Base Salary to the Date of Termination, (ii) reimbursement for all incurred but unreimbursed expenses for which Executive is entitled to reimbursement in accordance with Section 4.5, and (iii) benefits to which Executive is entitled under the terms of any applicable benefit plan or program (such amounts set forth in (i), (ii), and (iii) shall be collectively referred to herein as the “Accrued Rights”).
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For Cause; Voluntary Resignation 
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Related to For Cause; Voluntary Resignation

  • Termination for Cause or Voluntary Resignation In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:

  • Voluntary Resignation The Executive may terminate his employment at any time upon thirty (30) days prior written notice to the Company. In the event of the Executive’s voluntary termination of his employment other than for Good Reason (as defined below), the Company shall have no obligation to make payments to the Executive in accordance with the provisions of Sections 3 or 4 above, except as otherwise required by this Agreement or by applicable law, or to provide the benefits described in Section 5 above, for periods after the date on which the Executive's employment with the Company terminates due to the Executive 's voluntary termination, except for the payment of the Base Salary accrued through the date of such resignation.

  • Voluntary Resignation; Termination for Cause If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason) or (ii) for Cause by the Company, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing severance and benefits plans and practices or pursuant to other written agreements with the Company.

  • Voluntary Resignation without Good Reason The Executive may voluntarily terminate employment without Good Reason upon 30 days’ prior written notice to the Company. In such event, after the effective date of such termination, no payments shall be due under this Agreement, except that the Executive shall be entitled to any Accrued Obligations.

  • Termination Without Cause; Resignation for Good Reason (i) The Company may terminate Executive’s employment with the Company at any time without Cause (as defined below). Further, Executive may resign at any time for Good Reason (as defined below).

  • Termination Without Cause or Resignation for Good Reason If (1) Company terminates Employee’s employment during the Initial Term other than (a) due to Employee’s death or Disability or (b) for Cause (as defined below); or (2) if Employee resigns from Employee’s employment for Good Reason (as defined below) during the Initial Term, Employee shall receive the Accrued Amounts on the Date of Termination and, in addition, subject to the Severance Conditions below, (i) Company shall provide a severance payment equal to three (3) months of Employee’s salary as of the Date of Termination (the “Severance Payment”), divided and paid in equal installments over a period of three (3) months in accordance with Company’s regular payroll practices starting on the first regular payday occurring after the effective date of the Release (as defined below), and (ii) the Company will reimburse Employee for COBRA premiums (at the coverage levels and at the Company-paid rate in effect immediately prior to such termination) for Employee and Employee’s covered dependents until the earliest of (A) the date that is three (3) months following the Date of Termination, (B) the date that Employee (or Employee’s spouse or dependents, as applicable) are no longer eligible for COBRA coverage or (C) the date when Employee receives substantially equivalent health insurance coverage in connection with new employment (the “COBRA Benefit”). Company’s obligation to pay Employee the Severance Payment and COBRA Benefit shall be conditioned on Employee’s satisfaction of the following (the “Severance Conditions”): (1) Employee must first sign, and allow to become effective, a Company-approved separation agreement, which shall include a full general release in a form acceptable to Company, releasing all claims, known or unknown, that Employee may have against Company arising out of or any way related to Employee’s employment or termination of employment with Company (the “Release”); and (2) on or before the effective date of the Release, Employee must have (i) reconfirmed Employee’s agreement to abide by all of the surviving provisions of this Agreement and any other agreement between Employee and Company, (ii) agreed to cooperate in the transition of Employee’s employment; and (iii) agreed not to make any voluntary statements, written or oral, or cause or encourage others to make any such statements that defame, disparage, or in any way criticize the personal and/or business reputations, practices, or conduct of the Company or any of its affiliates. All other Company obligations to Employee will be automatically terminated and completely extinguished.

  • Termination for Cause; Resignation Without Good Reason If the Company terminates Executive’s employment with the Company for Cause, or Executive resigns without Good Reason, then Executive will not be entitled to any further compensation from the Company (other than accrued salary, and accrued and unused vacation, through Executive’s last day of employment), including severance pay, pay in lieu of notice or any other such compensation.

  • Termination for Cause or Resignation without Good Reason If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

  • Termination for Cause; Voluntary Termination If at any time during the Term the Executive’s employment with the Company is terminated pursuant to Section 4.6 or 4.7, the Executive shall be entitled to only the following:

  • Termination for Cause; Resignation Without Good Reason; Death or Disability (i) The Company may terminate Executive’s employment with the Company at any time for Cause. Further, Executive may resign at any time without Good Reason. Executive’s employment with the Company may also be terminated due to Executive’s death or disability.

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