Common use of Involuntary Termination by the Company without Cause Clause in Contracts

Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 11 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp)

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Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, Disability or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) 60 calendar days (ninety (90) 90 calendar days when termination is due to non-renewal extension of this Agreement the Term by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 9 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Involuntary Termination by the Company without Cause. At all times during the Term, the The Board may terminate the Executive’s employment 's employment, as provided under this Agreement, at any time, for reasons other than death, Disability, Disability or for CauseCause (as defined in Section 6.5 hereof), by providing notifying the Executive in writing of the Company's intent to terminate, at least thirty (30) calendar days prior to the effective date of such termination. Upon the expiration of the thirty (30) day notice period the termination by the Company shall become effective, and the Company shall pay and provide to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of the benefits set forth in this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice7.1.

Appears in 6 contracts

Samples: Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board The Company may terminate the Executive’s employment 's employment, at any time, for reasons any reason other than death, Disability, Retirement, or for "Cause", by providing to the Executive a Notice of Termination, with at least sixty forty-five (6045) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Terminationwritten notice; provided, however, that such notice for purposes of this Article 7.4 (a), no variation, alteration, modification, cancellation, change or amendment made to this Agreement pursuant to Article 12.3 or 12.4 shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such noticebe deemed an involuntary termination without Cause.

Appears in 3 contracts

Samples: Employment Agreement (Circuit City Stores Inc), Employment Agreement (Circuit City Stores Inc), Employment Agreement (Circuit City Stores Inc)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board The Company may terminate the Executive’s employment for reasons other than deathwithout Cause (which shall constitute an Involuntary Employment Action) upon thirty days prior written notice and, Disabilityin such event, or for Causethe Term shall terminate. During such thirty-day notice period, by providing to the Company may require that the Executive a Notice cease performing some or all of Termination, the Executive’s duties and/or not be present at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such noticeCompany’s or its Affiliates’ offices and/or other facilities.

Appears in 2 contracts

Samples: Employment Agreement (Biogen Inc.), Employment Agreement (Biogen Idec Inc.)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board Chief Executive Officer of the Company may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 2 contracts

Samples: Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) 60 calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice. For the avoidance of doubt, when termination is due to non-extension of the Term by the Company pursuant to Section 1.2, the provisions of this Section 7.4 shall apply.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, Disability or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) 60 calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 1 contract

Samples: Employment Agreement (TherapeuticsMD, Inc.)

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Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice. A notice of non-renewal by the Company pursuant to Section 1.2 shall be considered a termination pursuant to this Section.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

Involuntary Termination by the Company without Cause. (a) At all times any time during the Termterm of this Agreement, the Board may terminate the Executive’s employment employment, as provided under this Agreement, for reasons other than death, Disability, Retirement or for Cause, by providing to notifying the Executive a Notice in writing of Termination, the Company’s intent to terminate at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by prior the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt effective date of such noticetermination.

Appears in 1 contract

Samples: Employment Agreement (United Security Bancshares Inc)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant pursua nt to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board Chief Executive Officer of the Company may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by or, if greater, the Company pursuant to Section 1.2statutory minimum period) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 1 contract

Samples: Employment Agreement (Bio Technology General Corp)

Involuntary Termination by the Company without Cause. At all times during the Term, the Board may terminate the Executive’s 's employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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