Common use of Termination After Notice Clause in Contracts

Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term of this Agreement or any renewal thereof upon at least ninety (90) days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 hereof, and for the purposes of said Section 17, the "Termination Date" shall be the effective date of termination set forth in the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 3 contracts

Samples: Employment Agreement (Cec Entertainment Inc), 2001 Employment Agreement (Cec Entertainment Inc), 2001 Employment Agreement (Cec Entertainment Inc)

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Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term of this Agreement or any renewal thereof upon at least ninety (90) calendar days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 hereof, and for the purposes of said Section 1718, except as otherwise provided in Section 7, the "Termination Date" shall be the effective date of termination set forth in the ninety (90) calendar days prior written notice referred to in the preceding sentence, but in no event shall said effective date of termination be later than one hundred twenty (120) calendar days following the giving of such written notice.

Appears in 2 contracts

Samples: 2010 Employment Agreement (Cec Entertainment Inc), 2010 Employment Agreement (Cec Entertainment Inc)

Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term of this Agreement or any renewal thereof upon at least ninety (90) days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 hereof, and for the purposes of said Section 17, the "Termination Date" shall be the effective date of termination set forth in the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 2 contracts

Samples: 2005 Employment Agreement (Cec Entertainment Inc), 2005 Employment Agreement (Cec Entertainment Inc)

Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term of this Agreement or any renewal thereof upon at least ninety (90) days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 hereof, and for the purposes of said Section 17, the "Termination Date" shall be the effective date of termination set forth in the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 2 contracts

Samples: Employment Agreement (Cec Entertainment Inc), Cec Entertainment Inc

Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term Initial Tenn of this Agreement or any renewal thereof upon at least ninety (90) days' days prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 16 hereof, and for the purposes of said Section 1716, the "Termination Date" shall be the effective date of termination set forth in pertaining to the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 1 contract

Samples: Employment Agreement (Showbiz Pizza Time Inc)

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Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Term of this Agreement or any renewal thereof upon at least ninety (90) days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 16 hereof, and for the purposes of said Section 1716, the "Termination Date" shall be the effective date of termination set forth in pertaining to the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 1 contract

Samples: 1998 Employment Agreement (Showbiz Pizza Time Inc)

Termination After Notice. Either Employee or the Company may terminate the employment of Employee at any time during the Initial Term of this Agreement or any renewal thereof upon at least ninety (90) days' prior written notice. In the event of such termination, the Company shall pay to Employee the severance pay provided for under Section 5 hereof, if applicable, together with all other compensation that would otherwise have been payable to Employee, as provided in Section 17 16 hereof, and for the purposes of said Section 1716, the "'Termination Date" ' shall be the effective date of termination set forth in pertaining to the ninety (90) days prior written notice referred to in the preceding sentence.

Appears in 1 contract

Samples: Employment Agreement (Showbiz Pizza Time Inc)

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