For Cause; Without Good Reason. If during the Term of this Agreement, the Executive’s employment under this Agreement is terminated by the Company for Cause or by the Executive without Good Reason (and other than by reason of the Executive’s death or Disability), the Company’s sole obligation hereunder shall be to pay the Executive the following amounts earned hereunder but not paid as of the Termination Date:
For Cause; Without Good Reason. The Executive's employment hereunder may be terminated during the Employment Period (i) by the Company for Cause (as defined below) or (ii) by the Executive without Good Reason (as defined below). In the event that the Company terminates the Executive's employment hereunder for Cause, the Termination Date shall be the date specified in the notice of termination for Cause delivered by the Company to the Executive. In the event that the Executive terminates his employment hereunder without Good Reason, the Termination Date shall be no earlier than 30 days following the date on which a notice of termination is delivered by the Executive to the Company. In the event that the Executive's employment is terminated under this Section 6(e), the Executive shall be entitled to the Accrued Benefits.
For Cause; Without Good Reason. In the event that the Participant’s employment with the Company is terminated by the Company for Cause or by the Participant without Good Reason prior to the Vesting Date, all shares of Restricted Stock, together with any property received in respect of such shares, as set forth in Section 9 hereof, shall be forfeited as of the date of such termination of employment and the Participant promptly shall return to the Company any certificates evidencing such shares, together with any cash dividends or other property received in respect of such shares.
For Cause; Without Good Reason. If during the Term of Employment the Company terminates the Executive’s employment for Cause under Section 4(c) of this Agreement or the Executive resigns without Good Reason under Section 4(f), the Company shall pay to the Executive the Accrued Obligations, and thereafter the Company shall have no further obligation to the Executive under this Agreement.
For Cause; Without Good Reason. The Executive’s employment hereunder may be terminated during the Employment Period:
For Cause; Without Good Reason. If Executive's employment is terminated for Cause pursuant to Section 7(a)(i), or in the event of Executive's voluntary termination of his employment pursuant to Section 7(a)(vi) without Good Reason, then the Company shall pay Executive (A) the Base Salary through the Date of Termination (as later defined), (B) accrued but unpaid benefits for Executive (such as accrued but unpaid insurance benefits, retirement plan benefits, paid time off (PTO) benefits, expense reimbursements, etc.) as of the Date of Termination and (C) vested rights under any stock option, stock incentive or other incentive compensation plan or program. Executive and his dependents shall also be entitled to any continuation of coverage rights required by COBRA, with premiums to be paid by Executive. (Collectively, the items set forth in this paragraph (i) are referred to herein as the "Accrued Benefits").
For Cause; Without Good Reason. If the Executive’s employment is terminated by the Employer for Cause or by the Executive without Good Reason, then the Executive shall not be entitled to the Severance Amount or any other payment under this Agreement, other than the payments set forth in Section 11(e)(v) below.
For Cause; Without Good Reason. If the Company terminates the Executive’s employment for Cause or the Executive terminates his employment other than for Good Reason, the Term shall terminate immediately and (i) the Executive shall be entitled to receive no further amounts or benefits hereunder, except those payments and benefits described in Section 4.1 or as required by law, (ii) all unvested equity grants pursuant to Section 3.3 and 3.4 shall be immediately forfeited, and (iii) all vested but unexercised equity grants shall be forfeited on the date which is ninety (90) days following such termination. For purposes of this Agreement, “Cause” shall mean the Executive (A) being convicted of, or pleading guilty or no contest to, a felony (except for motor vehicle violations); (B) engaging in conduct that constitutes gross misconduct or fraud in connection with the performance of his duties to the Company, or (C) materially breaching this Agreement which the Executive does not cure within thirty (30) days after the Company provides written notice of such breach to the Executive. The Executive shall not terminate his employment without Good Reason prior to the date which is thirty (30) days following the date on which the Executive provides written notice of such termination to the Company; provided, however, that the Company may waive such notice period in writing.
For Cause; Without Good Reason. If McAuxxxxx'x xxxloyment is terminated during the Contract Period by the Bank For Cause as provided in Paragraph (b) of Section 4, or by McAuxxxxx Xxxhout Good Reason as provided in Paragraph (c) of Section 4, then he shall be entitled to be paid the amounts described in Paragraph 5(a)(i)(A).
For Cause; Without Good Reason. If, during the Employment Period, the Company shall terminate the Employee's employment for Cause or the Employee shall terminate his employment without Good Reason, the Employee shall forfeit all rights to the Incentive Bonus otherwise due to him or to which he may be entitled, all unexercised stock options to purchase shares of common stock of D and W Holdings, Inc. (the "Parent") held by Employee shall lapse and expire, and the Company shall have no further payment obligations to the Employee or his legal representatives, other than for the payment of: (i) in a lump sum in cash within ten (10) days after the Date of Termination the sum of the Employee's Annual Base Salary through the Date of Termination to the extent not theretofore paid, any compensation previously deferred by the Employee (together with any accrued interest or earnings thereon) and any accrued vacation pay (collectively, the "Accrued Obligations"); and (ii) any amount arising from the Employee's participation in, or benefits under, any Investment Plans (the "Accrued Investments"), which amounts shall be payable in accordance with the terms and conditions of such Investment Plans.
