Common use of Involuntary Termination By The Company Without Cause or Resignation by Executive for Good Reason During the Transition Period Clause in Contracts

Involuntary Termination By The Company Without Cause or Resignation by Executive for Good Reason During the Transition Period. If Executive’s Termination Date occurs during the Transition Period, and if such termination is involuntary at the initiative of the Company without Cause or is the result of Executive’s resignation for Good Reason, then, in addition to such Base Compensation that has been earned but not paid to Executive as of the Termination Date, and in consideration of Executive’s obligations under Section 8.2 below, the Company shall provide to Executive the payments set forth in this Section 4.4(a), subject to the conditions described in Section 4.5:

Appears in 6 contracts

Samples: Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc)

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