MERGER OR SALE OF THE COMPANY. 4.1 If the Company terminates Executive’s employment for “Cause,” the employment relationship shall terminate immediately, and the Company shall owe no further compensation to Executive under this Agreement except for any Base Salary earned by Executive through the date of termination, any unreimbursed business expenses that are submitted to the Company within 10 days after the date of termination, and benefits, if any, due to Executive, as determined in accordance with the applicable benefit plans of the Company. Executive Initial: ____
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Samples: Employment Agreement (FGI Industries Ltd.), Employment Agreement (FGI Industries Ltd.)
MERGER OR SALE OF THE COMPANY. 4.1 If the Company terminates Executive’s employment for “Cause,” the employment relationship shall terminate immediately, and the Company shall owe no further compensation to Executive under this Agreement except for any Base Salary earned by Executive through the date of termination, any unreimbursed business expenses that are submitted to the Company within 10 days after the date of termination, and benefits, if any, due to Executive, as determined in accordance with the applicable benefit plans of the Company. Executive Initial: ____/s/SL
Appears in 1 contract
MERGER OR SALE OF THE COMPANY. 4.1 If the Company terminates Executive’s employment for “Cause,” the employment relationship shall terminate immediately, and the Company shall owe no further compensation to Executive under this Agreement except for any Base Salary earned by Executive through the date of termination, any unreimbursed business expenses that are submitted to the Company within 10 days after the date of termination, and benefits, if any, due to Executive, as determined in accordance with the applicable benefit plans of the Company. Executive Initial: ____/s/DB
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