Common use of Notice of Termination for Cause Clause in Contracts

Notice of Termination for Cause. A Notice of Termination for Cause shall mean a written notice that shall indicate the specific termination provision above relied upon and shall set forth in reasonable detail the facts and circumstances, which provide for a basis of the Termination for Cause. Notwithstanding anything to the contrary contained in this Agreement, in the event that a notice of termination is required to be given by either party, the Company may, in its sole discretion and subject to Executive's right to cure provided in subsection (i) above, choose to have the termination effective immediately, provided the Company will be obligated to provide the Executive with the compensation and benefits to which he is entitled, as an employee, for the entire notice period.

Notice of Termination for Cause. A Notice of Termination for Cause shall mean a written notice that shall indicate the specific termination provision above relied upon and shall set forth in reasonable detail the facts and circumstances, which provide for a basis of the for Termination for Cause. Notwithstanding anything to the contrary contained in this Agreement, in the event that a period of notice of termination is required to be given by either party, the Company may, in its sole discretion and subject to Executive's right to cure provided in subsection (i) above, choose to have the termination notice effective immediately, provided the Company will be obligated to provide the Executive with the compensation and benefits to which he is entitled, as an employee, for the entire notice period.

Notice of Termination for Cause. A Notice of Termination for Cause shall mean a written notice that shall indicate the specific termination provision above relied upon and shall set forth in reasonable detail the facts and circumstances, which provide for a basis of the Termination for Cause. Notwithstanding anything to the contrary contained in this Agreement, in the event that a notice of termination is required to be given by either party, the Company may, in its sole discretion and subject to Executive's right to cure provided in subsection (i) above, choose to have the termination effective immediately, provided the Company will be obligated to provide the Executive with the compensation and benefits to which he she is entitled, as an employee, for the entire notice period.

Notice of Termination for Cause. A Notice of Termination for Cause shall mean a written notice that shall indicate the specific termination provision above relied upon and shall set forth in reasonable detail the facts and circumstances, which provide for a basis of for the Termination for Cause. Notwithstanding anything to the contrary contained in this Agreement, in the event that a notice of termination is required to be given by either party, the Company may, in its sole discretion and subject to Executive's right to cure provided in subsection (i) above, choose to have the termination effective immediately, provided the Company will be obligated to provide the Executive with the compensation and benefits to which he is entitled, as an employee, for the entire notice period.