Common use of Resignation for Good Reason or Termination Without Cause Clause in Contracts

Resignation for Good Reason or Termination Without Cause. If Executive terminates his employment for Good Reason (as defined below) or he is terminated by the Company without Cause (as defined below) at any time during the Term, including by the Company giving him notice that it does not want the Term to be extended as provided in Section 1, Executive will receive a lump-sum cash payment equal to the sum of:

Appears in 2 contracts

Samples: Employment Agreement (Aegis Identity Software, Inc.), Employment Agreement (Aegis Identity Software, Inc.)

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Resignation for Good Reason or Termination Without Cause. If In the event Executive terminates resigns his employment with the Company for Good Reason (as defined below) or he Executive’s employment with the Company is terminated by the Company without Cause (as defined below) at any time during the Term, including by the Company giving him notice that it does not want the Term to be extended as provided in Section 1Cause, Executive will shall be entitled to all amounts determined under Section 7(a) above, and shall be eligible to receive a lump-sum cash payment equal to the sum offollowing:

Appears in 2 contracts

Samples: Employment Agreement (Aligos Therapeutics, Inc.), Employment Agreement (Aligos Therapeutics, Inc.)

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