Common use of Notice of Termination by the Company Clause in Contracts

Notice of Termination by the Company. Any termination by the Company of Executive’s employment with the Company shall be communicated by notice given to Executive in accordance with Section 12(a) of this Agreement. Such notice shall specify the termination date and whether the termination is considered by the Company to be for Cause as defined in Section 9(a) in which case the Company shall identify the specific subsection(s) of Section 9(a) asserted by the Company as the basis for the termination and shall set forth in reasonable detail the facts and circumstances relied upon by the Company in categorizing the termination as for Cause.

Appears in 3 contracts

Samples: Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma)

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Notice of Termination by the Company. Any termination by the Company of Executive’s employment with the Company shall be communicated by notice given to Executive in accordance with Section 12(a13(a) of this Agreement. Such notice shall specify the termination date and whether the termination is considered by the Company to be for Cause as defined in Section 9(a10(a) in which case the Company shall identify the specific subsection(s) of Section 9(a10(a) asserted by the Company as the basis for the termination and shall set forth in reasonable detail the facts and circumstances relied upon by the Company in categorizing the termination as for Cause.

Appears in 2 contracts

Samples: Executive Employment Agreement (Progress Software Corp /Ma), Executive Employment Agreement (Progress Software Corp /Ma)

Notice of Termination by the Company. Any termination by the Company of Executive’s employment with the Company shall be communicated by notice given to Executive in accordance with Section 12(a) of this Agreement. Such notice shall specify the termination date and whether the termination is considered by the Company to be for Cause as defined in Section 9(a) in which case the Company shall identify the specific subsection(s) of Section 9(a8(a) asserted by the Company as the basis for the termination and shall set forth in reasonable detail the facts and circumstances relied upon by the Company in categorizing the termination as for Cause.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

Notice of Termination by the Company. Any termination by the Company of Executive’s employment with the Company shall be communicated by notice given to Executive in accordance with Section 12(a) of this Agreement. Such notice shall specify the termination date and whether the termination is considered by the Company to be for Cause as defined in Section 9(a10(a) in which case the Company shall identify the specific subsection(s) of Section 9(a) asserted by the Company as the basis for the termination and shall set forth in reasonable detail the facts and circumstances relied upon by the Company in categorizing the termination as for Cause.

Appears in 1 contract

Samples: Executive Employment Agreement (Progress Software Corp /Ma)

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Notice of Termination by the Company. Any termination by the Company of the Executive’s employment with the Company shall be communicated by notice given to the Executive in accordance with Section 12(a13(a) of this Agreement. Such notice shall specify the termination date and whether the termination is considered by the Company to be for Cause as defined in Section 9(a10(a) in which case the Company shall identify the specific subsection(s) of Section 9(a10(a) asserted by the Company as the basis for the termination and shall set forth in reasonable detail the facts and circumstances relied upon by the Company in categorizing the termination as for Cause.

Appears in 1 contract

Samples: Executive Employment Agreement (Digital River Inc /De)

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