Common use of For Good Cause Clause in Contracts

For Good Cause. In the event of a termination of employment for good cause under Paragraph 8E, Employee will be entitled to receive his Base Salary through the date of termination of employment. Employee will not be entitled to receive any Annual Performance Bonus or to exercise any unexercised stock options under the Stock Option Plan.

Appears in 3 contracts

Sources: Employment Agreement (Snelling & Snelling Inc), Employment Agreement (Snelling & Snelling Inc), Employment Agreement (Snelling & Snelling Inc)

For Good Cause. In the event of a termination of employment for good cause under Paragraph 8ESection 8(E), Employee will be entitled to receive his Base Salary through the date of termination of employment. Employee will not be entitled to receive any Annual Performance Bonus or to exercise any unexercised stock options under the Stock Option Plan.

Appears in 1 contract

Sources: Employment Agreement (Snelling & Snelling Inc)