Common use of Resignation and Termination for Cause Clause in Contracts

Resignation and Termination for Cause. If the Executive’s Date of Termination occurs during the Agreement Term under circumstances described in paragraph 3(c) (relating to the Executive’s termination for Cause), or paragraph 3(e) (relating to the Executive’s resignation), then, except as otherwise expressly provided in this Agreement or otherwise agreed in writing by the Parent Company or the Employer, respectively, the Parent Company and the Employer shall have no obligation to make payments under the Agreement for periods after the Executive’s Date of Termination.

Appears in 5 contracts

Samples: Employment Agreement (Aames Investment Corp), Employment Agreement (Aames Investment Corp), Employment Agreement (Aames Investment Corp)

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Resignation and Termination for Cause. If the Executive’s 's Date of Termination occurs during the Agreement Term under circumstances described in paragraph 3(c) (relating to the Executive’s 's termination for Cause), ) or paragraph 3(e) (relating to the Executive’s 's resignation), then, except as otherwise expressly provided in this Agreement or otherwise agreed addition to the amounts payable in writing by the Parent Company or the Employer, respectively, the Parent Company and the Employer shall have no obligation to make payments under the Agreement for periods after the Executive’s Date of Termination.accordance with paragraph 4(a):

Appears in 3 contracts

Samples: Employment Agreement (Zenith Electronics Corp), Agreement (Zenith Electronics Corp), Agreement (Zenith Electronics Corp)

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Resignation and Termination for Cause. If the Executive’s 's Date of Termination occurs during the Agreement Term under circumstances described in paragraph 3(c) (relating to the Executive’s 's termination for Cause), or paragraph 3(e) (relating to the Executive’s resignation), then, except as otherwise expressly provided in this Agreement or otherwise agreed in writing by between the Parent Company or Executive and the Employer, respectivelyCompany, the Parent Company following paragraphs (I) and (II) shall apply in addition to the Employer shall have no obligation to make payments under the Agreement for periods after the Executive’s Date of Termination.amounts payable in accordance with paragraph 4(a):

Appears in 1 contract

Samples: Employment Agreement (Omega Worldwide Inc)

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