Other than for Cause. Executive's employment may be terminated at any time other than For Cause upon a majority vote of the Board, with Executive abstaining, in which case the duties of the Company and Executive, one to the other, under this Agreement shall terminate as of the date of Executive's termination of employment, subject to the Company providing the severance payments and other benefits, specified in Section 7 below. Any termination of Executive's employment by the Company shall be communicated by written notice of termination to the other party hereto, which shall set forth the reason if determined For Cause, the effective date and time of termination, and any other relevant data. If Disabled, the Company shall not terminate Executive because of a disability.
Appears in 5 contracts
Samples: Employment Agreement (Aslahan Enterprises Ltd.), Employment Agreement (Aslahan Enterprises Ltd.), Employment Agreement (Aslahan Enterprises Ltd.)
