Common use of Separation from Service without Cause Clause in Contracts

Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Period, the Executive’s service with the Company shall be deemed severed on such Renewal Date and the notice of non-renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice of Separation from Service without Cause.

Appears in 4 contracts

Samples: Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD)

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Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Period, the Executive’s service with the Company shall be deemed severed on such Renewal Date Disability and the notice of non-renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice Date of Separation from Service without Causeshall be as specified in Section 1.8(g).

Appears in 3 contracts

Samples: Amended And (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD)

Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Periodhereof, the Executive’s service with the Company shall be deemed severed on such Renewal Date and the notice of non-renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice of Separation from Service without Cause.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Period, the Executive’s service with the Company shall be deemed severed on such Renewal Date and the notice of non-non- renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice of Separation from Service without Cause.

Appears in 1 contract

Samples: Amended and Restated (Endurance Specialty Holdings LTD)

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Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. If such Notice of Separation from Service is given by the Company after the end of the Initial Term, 12 months’ notice of termination shall be given by the Company. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Periodhereof, the Executive’s service with the Company shall be deemed severed on such Renewal Date and the notice of non-renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice of Separation from Service without Cause.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

Separation from Service without Cause. The Company may at any time sever the Executive’s service with the Company by delivery of a Notice of Separation from Service for any reason other than Cause or the Executive’s death or Disability. If such Notice of Separation from Service is given by the Company after the fifth anniversary of this Agreement, 12 months’ notice of termination shall be given by the Company. In the event the Company elects not to renew this Agreement pursuant to Section 3.1 hereof on a Renewal Date falling within a Change in Control Periodhereof, the Executive’s service with the Company shall be deemed severed on such Renewal Date and the notice of non-renewal of this Agreement delivered by the Company to the Executive pursuant to Section 3.1 shall constitute delivery of a Notice of Separation from Service without Cause.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

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