Common use of If by the Company for Cause Clause in Contracts

If by the Company for Cause. If the Company terminates the Executive’s employment for Cause during the Post-Change Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation immediately to pay the Executive in cash the Executive’s Guaranteed Base Salary through the Termination Date, plus the amount of any compensation previously deferred by the Executive, plus any accrued vacation pay, in each case to the extent not previously paid.

Appears in 7 contracts

Samples: Change of Control Severance Agreement (Metris Companies Inc), Change of Control Severance Agreement (Metris Companies Inc), Change of Control Severance Agreement (Metris Companies Inc)

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If by the Company for Cause. If the Company terminates the Executive’s 's employment for Cause during the Post-Change Employment Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation immediately to pay the Executive in cash the Executive’s Guaranteed 's Annual Base Salary through the Termination Date, plus the amount of any compensation previously deferred by the Executive, plus any accrued vacation paypaid time off, in each case to the extent not previously paid.

Appears in 5 contracts

Samples: Employment Continuity Agreement (Virginia Electric & Power Co), Employment Continuity Agreement (Dominion Resources Inc /Va/), Change in Control Agreement (Peco Energy Co)

If by the Company for Cause. If the Company terminates the Executive’s 's employment for Cause during the Post-Change Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation immediately to pay the Executive in cash the Executive’s 's Guaranteed Base Salary through the Termination Date, plus the amount of any compensation previously deferred by the Executive, plus any accrued vacation pay, in each case to the extent not previously paid.

Appears in 4 contracts

Samples: Change of Control Severance Agreement (Fingerhut Companies Inc), Change of Control Agreement (Fingerhut Companies Inc), Change of Control Severance Agreement (Metris Companies Inc)

If by the Company for Cause. If the Company terminates the Executive’s employment for Cause during the Post-Change Employment Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation immediately to pay the Executive in cash the Executive’s Guaranteed Annual Base Salary through the Termination Date, plus the amount of any compensation previously deferred by the Executive, plus any accrued vacation paypaid time off, in each case to the extent not previously paid.

Appears in 2 contracts

Samples: Employment Continuity Agreement (Virginia Electric & Power Co), Change in Control Agreement (Nicor Inc)

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If by the Company for Cause. If the Company terminates the Executive’s 's --------------------------- employment for Cause during the Post-Change Employment Period, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation immediately to pay the Executive in cash the Executive’s Guaranteed 's Annual Base Salary through the Termination Date, plus the amount of any compensation previously deferred by the Executive, plus any accrued vacation paypaid time off, in each case to the extent not previously paid.

Appears in 1 contract

Samples: Change in Control Agreement (Commonwealth Edison Co)

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