Pro Rata Payment. If the Company terminates the Executive’s employment for Cause, or if the Executive voluntarily resigns prior to the occurrence of a Change in Control of the Company at a time when there is no uncured Breach by the Company of this Agreement, then in either case the Executive shall be entitled to receive only his then current Base Salary on a pro rata basis to the date of such termination or resignation.
Appears in 3 contracts
Samples: Employment Agreement (Cavco Industries Inc), Employment Agreement (Cavco Industries Inc), Employment Agreement (Cavco Industries Inc)
Pro Rata Payment. If the Company terminates the Executive’s 's employment for Cause, or if the Executive voluntarily resigns prior to the occurrence of a Change in Control of the Company at a time when there is no uncured Breach by the Company of this Agreement, then in either case the Executive shall be entitled to receive only his then current Base Salary on a pro rata basis to the date of such termination or resignation.
Appears in 2 contracts
Samples: Employment Agreement (Cavco Industries Inc), Employment Agreement (Cavco Industries Inc)
Pro Rata Payment. If the Company Corporation terminates the Executive’s 's employment for Cause, or because of the Breach by the Executive of this Agreement, or if the Executive voluntarily resigns prior to the occurrence of a Change in Control of the Company Corporation at a time when there is no uncured Breach by the Company Corporation of any term of this Agreement, then in either each case the Executive shall be entitled to receive only his then current Base Salary on a pro rata basis to the date of such termination or resignation.
Appears in 1 contract
Samples: Executive Employment Agreement (Centex Development Co Lp)