Common use of Payments upon Termination for Cause or Termination without Good Reason Clause in Contracts

Payments upon Termination for Cause or Termination without Good Reason. If this Employment Agreement is terminated by the Company pursuant to Section 4.3 hereof or by the Executive pursuant to Section 4.6 hereof, the Executive shall receive only the amounts specified in clause (iii) of Section 5.1 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Novastar Resources Ltd.), Employment Agreement (Thorium Power, LTD), Employment Agreement (Novastar Resources Ltd.)

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Payments upon Termination for Cause or Termination without Good Reason. If this Employment Agreement is terminated by the Company pursuant to Section 4.3 hereof or by the Executive pursuant to Section Sections 4.5(a)-(d) or 4.6 hereof, the Executive shall receive only the amounts specified in clause (iiiii) of Section 5.1 hereof.

Appears in 1 contract

Samples: Employment Agreement (Novastar Resources Ltd.)

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