Common use of Good Reason; Without Cause Clause in Contracts

Good Reason; Without Cause. If, during the Employment Period, the Company terminates the Executive’s employment without Cause, or the Executive terminates his employment for Good Reason, or if the Company fails to renew or extend this Agreement upon expiration of the Employment Period, the Company shall have no further obligations to the Executive under this Agreement or otherwise other than to pay or provide to the Executive the following amounts and benefits (provided the Executive has executed, delivered to the Company and not revoked a general release of claims against the Company in a form satisfactory to the Company (the “Release”) and subject to Section 8(h) hereof):

Appears in 10 contracts

Samples: Employment Agreement (Doral Financial Corp), Employment Agreement (Doral Financial Corp), Employment Agreement (Doral Financial Corp)

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Good Reason; Without Cause. If, during the Employment Period, the Company terminates the Executive’s employment without Cause, or the Executive terminates his employment for Good Reason, or if the Company fails to renew or extend this Agreement upon expiration Reason within sixty (60) days of the Employment Periodoccurrence of any of the events that may constitute “Good Reason” as set forth in Exhibit B, the Company shall have no further obligations to the Executive under this Agreement or otherwise other than to pay or provide to the Executive the following amounts and benefits (provided the Executive has executed, delivered to the Company and not revoked a general release of claims against the Company in a form satisfactory to the Company (the “Release”) and subject to Section 8(h) hereof):

Appears in 1 contract

Samples: Employment Agreement (Doral Financial Corp)

Good Reason; Without Cause. If, during the Employment Period, the Company terminates shall terminate the Executive’s employment without Cause, or the Executive terminates his shall terminate the Executive’s employment for Good Reason, or if the Company fails to renew or extend this Agreement upon expiration of the Employment Period, the Company shall have no further obligations to the Executive under this Agreement or otherwise other than to pay or provide the Executive with the following, subject to the Executive the following amounts provisions of Sections 5(f), 9 and benefits (provided the Executive has executed, delivered to the Company and not revoked a general release of claims against the Company in a form satisfactory to the Company (the “Release”) and subject to Section 8(h11(d) hereof)::

Appears in 1 contract

Samples: Lomb Incorporated (Bausch & Lomb Inc)

Good Reason; Without Cause. If, during the Employment Period, the Company terminates the Executive’s employment without Cause, or the Executive terminates his employment for Good Reason, or if the Company fails to renew or extend this Agreement upon expiration Reason within sixty (60) days of the Employment Periodoccurrence of any of the events that may constitute “Good Reason” as set forth in Exhibit A, the Company shall have no further obligations to the Executive under this Agreement or otherwise other than to pay or provide to the Executive the following amounts and benefits (provided the Executive has executed, delivered to the Company and not revoked a general release of claims against the Company in a the draft form satisfactory to the Company and substance as attached as Exhibit C, hereto (the “Release”) and subject to Section 8(h) hereof):

Appears in 1 contract

Samples: Employment Agreement (Doral Financial Corp)

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Good Reason; Without Cause. If, during the Employment Period, the Company terminates the Executive’s employment without Cause, or the Executive terminates his employment for Good Reason, or if the Company fails to renew or extend this Agreement upon expiration of the Employment PeriodReason and provided Section 6(b) is not applicable, the Company shall have no further obligations to the Executive under this Agreement or otherwise other than to pay or provide to the Executive the following amounts and benefits (provided the Executive has executed, delivered to the Company and not revoked a general release of claims against the Company in a form satisfactory to the Company (the “Release”) and subject to Section 8(h9(h) hereof):

Appears in 1 contract

Samples: Employment Agreement (Doral Financial Corp)

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