Common use of Resignation and Termination by the Company for Cause Clause in Contracts

Resignation and Termination by the Company for Cause. If the Triggering Event was the Employee's Resignation or a Termination by the Company for Cause, the Employee shall be entitled to receive his Annual Base Compensation and accrued but unpaid vacation through the date thereof in accordance with the policy of the Company, and to continue to participate in the Company's health, insurance and disability plans and programs through that date and thereafter, only to the extent permitted under the terms of such plans and programs.

Appears in 9 contracts

Samples: Agreement (Sovereign Specialty Chemicals Inc), Employment Agreement (Sovereign Specialty Chemicals Inc), Employment Agreement (Sovereign Specialty Chemicals Inc)

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Resignation and Termination by the Company for Cause. If the Triggering Event was the Employee's Resignation or a Termination by the Company for Cause, the Employee shall be entitled to receive his Annual Base Compensation and accrued but unpaid vacation through the date thereof in accordance with the policy of the Company, and to continue to participate in the Company's health, insurance and disability employee welfare plans and programs (including, without limitations, health insurance plans) through that date and thereafter, only to the extent permitted under the terms of such plans and programs.

Appears in 5 contracts

Samples: Employment Agreement (Cardinal Minerals Inc), Employment Agreement (Cardinal Minerals Inc), Employment Agreement (Cardinal Minerals Inc)

Resignation and Termination by the Company for Cause. If the Triggering Event was the Employee's Resignation or a Termination by the Company for Cause, the Employee shall be entitled to receive his Annual Base Compensation and accrued but unpaid vacation through the date thereof in accordance with the policy of the Company, and to continue to participate in the Company's health, insurance and disability plans and programs through that date and thereafter, only to the extent permitted under the terms of such plans and programs.

Appears in 1 contract

Samples: Employment Agreement (Dyadic International Inc)

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Resignation and Termination by the Company for Cause. If the Triggering Event was the Employee's ’s Resignation or a Termination by the Company for Cause, the Employee shall be entitled to receive his Annual Base Compensation and accrued but unpaid vacation through the date thereof in accordance with the policy of the Company, and to continue to participate in the Company's ’s health, insurance and disability plans and programs through that date and thereafter, only to the extent permitted under the terms of such plans and programs.

Appears in 1 contract

Samples: Employment Agreement (Quixote Corp)

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