Common use of Procedure for Termination Without Cause Clause in Contracts

Procedure for Termination Without Cause. The Company may terminate Executive’s employment and this Agreement during the Employment Term without Cause by delivering at least thirty (30)-days’ prior written notice stating the Termination Date. During the period between the delivery of the notice of termination and the Termination Date, Executive’s employment shall continue and Executive shall continue to perform Executive’s duties and cooperate in the orderly transition of Executive’s duties. At the Company’s discretion, it may pay Executive’s then-current Base Salary for the notice period and excuse Executive from any further duties during such period.

Procedure for Termination Without Cause. The Company may terminate Executive’s employment and this Agreement during the Employment Term without Cause by delivering at least thirty (30)-days’ prior written notice stating the Termination Date. During the period between the delivery of the notice of termination and the Termination Date, the Executive’s employment shall continue and Executive shall continue to perform Executive’s duties and cooperate in the orderly transition of Executive’s duties. At the Company’s discretion, it may pay the Executive’s then-current Base Salary for the notice period and excuse Executive from any further duties during such period.

Procedure for Termination Without Cause. The Company may terminate Executive’s employment and this Agreement during the Employment Term without Cause by delivering at least thirty (30)-days30) days’ prior written notice stating the Termination Date. During the period between the delivery of the notice of termination and the Termination Date, the Executive’s employment shall continue and Executive shall continue to perform Executive’s duties and cooperate in the orderly transition of Executive’s duties. At the Company’s discretion, it may pay the Executive’s then-current Base Salary for the notice period and excuse Executive from any further duties during such period. (c) “Good Reason.” (1)

Procedure for Termination Without Cause. The Company may terminate Executive’s employment and this Agreement during the Employment Term without Cause by delivering at least thirty (30)-days’ prior written notice stating the Termination Date. During the period between the delivery of the notice of termination and the Termination Date, Executive’s employment 6 shall continue and Executive shall continue to perform Executive’s duties and cooperate in the orderly transition of Executive’s duties. At the Company’s discretion, it may pay Executive’s then-current Base Salary for the notice period and excuse Executive from any further duties during such period.