Common use of Termination by Cause Clause in Contracts

Termination by Cause. VNR, by action of the Board may terminate this Agreement at any time for Cause. Upon termination by VNR for Cause, Executive shall only be entitled to Accrued Compensation and Reimbursements, which amount shall be paid within ten (10) business days after the Date of Termination. For purposes hereof, “Cause” means any of the following:

Appears in 6 contracts

Samples: Employment Agreement (Vanguard Natural Resources, LLC), Employment Agreement Britt Pence (Vanguard Natural Resources, LLC), Employment Agreement (Vanguard Natural Resources, LLC)

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Termination by Cause. VNRVNRH, by action of the Board may terminate this Agreement at any time for Cause. Upon termination by VNR VNRH for Cause, Executive shall only be entitled to Accrued Compensation and Reimbursements, which amount shall be paid within ten (10) business days after the Date of Termination. For purposes hereof, “Cause” means any of the following:

Appears in 2 contracts

Samples: Employment Agreement (Vanguard Natural Resources, LLC), Employment Agreement (Vanguard Natural Resources, LLC)

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Termination by Cause. VNR, by action of the Board CEO may terminate this Agreement at any time for Cause. Upon termination by VNR for Cause, Executive shall only be entitled to Accrued Compensation and Reimbursements, which amount shall be paid within ten (10) business days after the Date of Termination. For purposes hereof, “Cause” means any of the following:

Appears in 1 contract

Samples: Employment Agreement (Vanguard Natural Resources, LLC)

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