Common use of Notice and Effect of Termination Clause in Contracts

Notice and Effect of Termination. Any termination of Executive's employment by the Company pursuant to Section a) (in the case of Disability), b) or 6d), or by Executive pursuant to Section c) or 6d), shall be communicated by a written "Notice of Termination" addressed to Executive or the Company, as appropriate. A "Notice of Termination" shall mean a notice stating that Executive's employment hereunder has been or will be terminated, indicating the specific termination provisions in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Mobile America Corp)

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Notice and Effect of Termination. Any termination of Executive's employment by the Company Board pursuant to Section a6(a) (in the case of Disability), b6(b) or 6d6(c), or by Executive pursuant to Section c) or 6d6(d), shall be communicated by a written "Notice of Termination" addressed to Executive or the Company, as appropriateother party to this Agreement. A "Notice of Termination" shall mean a notice stating that Executive's employment hereunder has been or will be terminated, indicating the specific termination provisions in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination of employment. Upon any termination of Executive's employment, this Agreement shall terminate, except as set forth in Section 6(h), but Executive's employment may continue at the discretion of the Board upon the expiration or termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Asbury Automotive Group Inc)

Notice and Effect of Termination. Any termination of ExecutiveEmployee's employment by the Company Board pursuant to Section a6(a) (in the case of Disability), b6(b) or 6d6(c), or by Executive Employee pursuant to Section c) or 6d6(d), shall be communicated by a written "Notice of Termination" addressed to Executive or the Company, as appropriateEmployee. A "Notice of TerminationNOTICE OF TERMINATION" shall mean a notice stating that ExecutiveEmployee's employment hereunder has been or will be terminated, indicating the specific termination provisions in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Asbury Automotive Group Inc)

Notice and Effect of Termination. Any termination of Executive's employment by the Company Board pursuant to Section a6(a) (in the case of Disability), b6(b) or 6d6(c), or by Executive pursuant to Section c) or 6d6(d), shall be communicated by a written "Notice of Termination" addressed to Executive or the Company, as appropriate. A "Notice of TerminationNOTICE OF TERMINATION" shall mean a notice stating that Executive's employment hereunder has been or will be terminated, indicating the specific termination provisions in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Asbury Automotive Group Inc)

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Notice and Effect of Termination. Any termination of Executive's employment by the Company pursuant to Section a6(a) (in the case of Disability), b) or 6d)6(b) hereof, or by Executive pursuant to Section c6(d) or 6d)hereof, shall be communicated by a written "Notice of Termination" addressed to Executive or the Company, as appropriate. A "Notice of Termination" shall mean a notice stating that Executive's employment hereunder has been or will be terminated, indicating the specific termination provisions in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Intrepid Capital Corp)

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