Common use of Suspension of Employment Clause in Contracts

Suspension of Employment. In the event the Executive is arrested for any crime of the nature specified in Section 5.3(b) hereof, the Company may elect to suspend the Executive from his duties hereunder until such charges have been dropped or adjudicated in a manner which results in other than a guilty verdict, whichever is earlier. During the period of suspension, the Executive shall not receive any compensation unless the Company determines that the continuation of the Executive's compensation is appropriate. The election by the Company to suspend the Executive under this Section 5.7 shall not limit the right of the Company to otherwise terminate the Executive for Cause under Section 5.3 (provided that the Executive's actions constitute Cause for purposes of Section 5.3).

Appears in 4 contracts

Samples: Employment Agreement (Golden Bear Golf Inc), Employment Agreement (Golden Bear Golf Inc), Employment Agreement (Golden Bear Golf Inc)

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