Common use of Other Termination Prior to a Change of Control or After Expiration of the Transition Period Clause in Contracts

Other Termination Prior to a Change of Control or After Expiration of the Transition Period. If Executive’s Termination Date occurs (y) during the Term, and (z) prior to a Change of Control or after the expiration of the Transition Period, and is the result of: (i) Executive’s abandonment of or resignation from employment for any reason other than Good Reason; (ii) termination of Executive’s employment by the Company for Cause; or (iii) Executive’s death or Disability; then the Company will pay to Executive, or Executive’s beneficiary or Executive’s estate, as the case may be, such Base Compensation that has been earned but not paid to Executive as of the Termination Date, payable pursuant to the Company’s normal payroll practices and procedures, and Executive shall not be entitled to any additional compensation or benefits provided under this Section 4.

Appears in 3 contracts

Samples: Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc)

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Other Termination Prior to a Change of Control or After Expiration of the Transition Period. If Executive’s Termination Date occurs (y) during the Term, and (z) prior to a Change of Control or after the expiration of the Transition Period, and is the result of: (i) Executive’s abandonment of or resignation from employment for any reason other than Good Reason; (ii) termination Termination of Executive’s employment by the Company for Cause; or (iii) Executive’s death or Disability; then the Company will pay to Executive, or Executive’s beneficiary or Executive’s estate, as the case may be, such Base Compensation that has been earned but not paid to Executive as of the Termination Date, payable pursuant to the Company’s normal payroll practices and procedures, and Executive shall not be entitled to any additional compensation or benefits provided under this Section 4.

Appears in 3 contracts

Samples: Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc), Employment Agreement (General Moly, Inc)

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