Common use of Other than for Good Reason Clause in Contracts

Other than for Good Reason. If the Executive's employment shall be terminated for Cause or the Executive terminates his employment without Good Reason, this Agreement shall terminate without further obligation to the Executive other than the obligation to pay to the Executive the Accrued Obligations (which shall be paid in cash within thirty (30) days of the Date of Termination).

Appears in 3 contracts

Samples: Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

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Other than for Good Reason. If the Executive's employment shall be terminated for Cause or the Executive terminates his employment without Good ReasonReason during the Employment Period, this Agreement shall terminate without further obligation obligations to the Executive other than the obligation to pay to the Executive the Accrued Obligations (which shall be paid in cash within thirty (30x) days of his Annual Base Salary through the Date of Termination), (y) the amount of any compensation previously deferred by the Executive, and (z) Other Benefits, in each case to the extent theretofore unpaid.

Appears in 2 contracts

Samples: Employment Agreement (Baybanks Inc), Employment Agreement (Bank of Boston Corp)

Other than for Good Reason. If the Executive's employment shall be terminated for Cause or during the Executive terminates his employment without Good ReasonTerm, this Agreement shall terminate without further obligation obligations to the Executive other than the obligation to pay to the Executive the Accrued Obligations (which shall be paid in cash within thirty (30i) days of his Annual Base Salary through the Date of Termination), (ii) the amount of any compensation previously deferred by the Executive, and (iii) Other Benefits, in each case to the extent theretofore unpaid.

Appears in 1 contract

Samples: Employment Agreement (World Information Technology Inc)

Other than for Good Reason. If the Executive's employment shall be terminated for Cause or by the Executive terminates his employment without Good Reason, this Agreement shall terminate without further obligation obligations to the Executive other than the obligation to pay or provide to the Executive the Accrued Obligations. The Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within thirty (30) 30 days of the Date of Termination).

Appears in 1 contract

Samples: Employment Agreement (PureSafe Water Systems, Inc.)

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Other than for Good Reason. If the Executive's employment shall be terminated for Cause or the Executive terminates his employment without Good Reason, this Agreement shall terminate without further obligation to the Executive other than the obligation to pay to the Executive the Accrued Obligations (which shall be paid in cash within thirty (30) days of the Date of TerminationTermination except that Accrued Obligations shall not include payment of a Stub Bonus).

Appears in 1 contract

Samples: Employment Agreement (Florida East Coast Industries Inc)

Other than for Good Reason. If the Executive's employment shall be terminated for Cause or during the Executive terminates his employment without Good ReasonEmployment Period, this Agreement shall terminate without further obligation obligations to the Executive other than the obligation to pay to the Executive the Accrued Obligations (which shall be paid in cash within thirty (30) days of Annual Base Salary through the Date of Termination). If the Executive voluntarily terminates employment during the Employment Period, excluding a termination for Good Reason, this Agreement shall terminate without further obligations to the Executive.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Washington Homes Inc)

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