Common use of Termination by Company for Cause or by Executive Without Good Reason Clause in Contracts

Termination by Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination; (ii) the Company shall reimburse Executive pursuant to Section 4(e) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Firstworld Communications Inc), Employment Agreement (Firstworld Communications Inc), Employment Agreement (Firstworld Communications Inc)

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Termination by Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination; (ii) the Company shall reimburse Executive pursuant to Section 4(e) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive as of the Date of Termination in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Verado Holdings Inc), Employment Agreement (Firstworld Communications Inc), Employment Agreement (Verado Holdings Inc)

Termination by Company for Cause or by Executive Without Good Reason. If Executive's ’s employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall will pay Executive his Base Salary and, and his accrued vacation pay (to the extent required by law or the Company's ’s vacation policy, his accrued vacation pay ) through the Date of Termination, as soon as practicable within 30 days following the Date of Termination; (ii) the Company shall will reimburse Executive Executive, pursuant to Section 4(e) the Company’s policy, for reasonable business expenses incurred, but not paid paid, prior to such termination the Date of employmentTermination, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall will be entitled to any other rights, compensation and/or benefits as may be due to Executive following termination to which he is otherwise entitled in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Bank7 Corp.), Employment Agreement (Bank7 Corp.), Employment Agreement (Bank7 Corp.)

Termination by Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination;; and (ii) the Company shall reimburse Executive pursuant to Section 4(e5(c) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 2 contracts

Samples: Employment Agreement (New Plan Excel Realty Trust Inc), Employment Agreement (New Plan Excel Realty Trust Inc)

Termination by Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination; (ii) the Company shall reimburse Executive pursuant to Section 4(e4(d) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 1 contract

Samples: Employment Agreement (Firstworld Communications Inc)

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Termination by Company for Cause or by Executive Without Good Reason. If Executive's ’s employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall will pay Executive his Base Salary and, and his accrued vacation pay (to the extent required by law or the Company's ’s vacation policy, his accrued vacation pay ) through the Date of Termination, as soon as practicable following the Date of Termination; (ii) the Company shall will reimburse Executive Executive, pursuant to Section 4(e) the Company’s policy, for reasonable business expenses incurred, but not paid paid, prior to such termination the Date of employmentTermination, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall will be entitled to any other rights, compensation and/or benefits as may be due to Executive following termination to which he is otherwise entitled in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 1 contract

Samples: Employment Agreement (Rto Holdings Inc)

Termination by Company for Cause or by Executive Without Good Reason. If Executive's ’s employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's ’s vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination;; and (ii) the Company shall reimburse Executive pursuant to Section 4(e5(c) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive in accordance with the terms and provisions of any agreements, plans or programs of the Company.

Appears in 1 contract

Samples: Employment Agreement (New Plan Excel Realty Trust Inc)

Termination by Company for Cause or by Executive Without Good Reason. If Executive's employment is terminated by the Company for Cause or by Executive (other than for Good Reason): (i) the Company shall pay Executive his Base Salary and, to the extent required by law or the Company's vacation policy, his accrued vacation pay through the Date of Termination, as soon as practicable following the Date of Termination; (ii) the Company shall reimburse Executive pursuant to Section 4(e) for reasonable expenses incurred, but not paid prior to such termination of employment, unless such termination resulted from a misappropriation of Company funds; and (iii) Executive shall be entitled to any other rights, compensation and/or benefits as may be due to Executive in accordance with the terms and provisions of any agreements, plans or programs of the Company, including, but not limited to, the items described in Section 5(d)(iii), (iv) and (v) above.

Appears in 1 contract

Samples: Employment Agreement (Firstworld Communications Inc)

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