Common use of Payments if Terminated for Cause, or Termination by You Other Than With Good Reason for Resignation Clause in Contracts

Payments if Terminated for Cause, or Termination by You Other Than With Good Reason for Resignation. If your employment shall be terminated by the Company as a Termination for Cause or by you other than with Good Reason for Resignation, the Company shall pay you your full base salary and accrued vacation pay (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) through the Date of Termination, at the rate in effect at the time Notice of Termination is given, plus any benefits or awards which have been earned or become payable but which have not yet been paid to you. You shall receive any payment due under this subparagraph c on your Date of Termination. Thereafter, the Company shall have no further obligation to you under this Agreement.

Appears in 4 contracts

Samples: Severance Compensation Agreement (Graftech International LTD), Severance Compensation Agreement (Graftech International LTD), Severance Compensation Agreement (Graftech International LTD)

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Payments if Terminated for Cause, or Termination by You Other Than With Good Reason for Resignation. If your employment shall be terminated by the Company as a Termination for Cause or by you other than with Good Reason for Resignation, the Company shall pay you your full base salary and accrued vacation pay (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) through the Date of Termination, at the rate in effect at the time Notice of Termination is given, plus any benefits or awards which have been earned or become payable but which have not yet been paid to you. You shall receive any payment due under this subparagraph c (c) on your Date of Termination. Thereafter, the Company shall have no further obligation to you under this Agreement.

Appears in 2 contracts

Samples: Graftech International LTD, Graftech International LTD

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Payments if Terminated for Cause, or Termination by You Other Than With Good Reason for Resignation. If your employment shall be terminated by the Company as a Termination for Cause or by you other than with Good Reason for Resignation, the Company shall pay you your full base salary and accrued vacation pay (including any banked vacation and any vested vacation for the calendar year in which the Date of Termination occurs) through the Date of Termination, at the rate in effect at the time Notice of Termination is given, plus any benefits or awards which have been earned or become payable but which have not yet been paid to you. You shall receive any payment due under this subparagraph c (c) on your Date of Termination not later than the fifth day following the Date of Termination. , but in no event later than sixty (60) days following a “separation from service” within the meaning of Section 409A. Thereafter, the Company shall have no further obligation to you under this Agreement.

Appears in 1 contract

Samples: Graftech International LTD

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