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 Executive's Resignation or a Termination by the Company for Cause, the Executive 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 4 contracts

Samples: Executive Employment Agreement (Dyadic International Inc), Executive Employment Agreement (Dyadic International Inc), Executive Employment Agreement (Dyadic International Inc)

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Resignation and Termination by the Company for Cause. If the Triggering Event was the Executive's Resignation or a Termination by the Company for Cause, the Executive shall be entitled to receive his her 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, but only to the extent permitted under the terms of such plans and programs.

Appears in 1 contract

Samples: Executive Employment Agreement (Dyadic International Inc)

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Resignation and Termination by the Company for Cause. If the Triggering Event was the Executive's ’s Resignation or a Termination by the Company for Cause, the Executive shall be entitled to receive his Annual Base Compensation and accrued but unpaid vacation through the date thereof last day of the Employment Period 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: Executive Employment Agreement (Dyadic International Inc)

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