Common use of Non-Renewal by the Company Clause in Contracts

Non-Renewal by the Company. If the employment of the Executive should terminate by reason of (i) death of the Executive or Disability, (ii) termination by the Company for any reason (other than Cause) after the initial Term ending on the Initial Termination Date, or (iii) the Company's failure to renew this Agreement at the initial Term ending on the Initial Termination Date or any time thereafter, then all compensation and benefits for the Executive shall be as follows:

Appears in 4 contracts

Samples: Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc), Employment Agreement (Ashford Hospitality Trust Inc)

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Non-Renewal by the Company. If the employment of the Executive should terminate by reason of (i) death of the Executive or Disability, (ii) termination by the Company for any reason (other than Cause) after the initial Term ending on the Initial Termination Date, or (iii) the Company's failure to renew this Agreement at after the initial Term ending on the Initial Termination Date or any time thereafter, then all compensation and benefits for the Executive shall be as follows:

Appears in 1 contract

Samples: Employment Agreement (Ashford Hospitality Trust Inc)

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