Common use of For Cause; Without Good Reason Clause in Contracts

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.

Appears in 11 contracts

Samples: Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc)

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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 hereunder is terminated under pursuant to this Section 6(e6(d), the Executive shall be entitled to the Accrued Benefits.

Appears in 2 contracts

Samples: Employment Agreement (Hayes Lemmerz International Inc), Employment Agreement (Hayes Lemmerz International Inc)

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