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 without Good Reason, the Company will pay Executive within thirty (30) days after the Date of Termination the Accrued Obligations; provided, however, the amounts described in Section 7(a)(i)(D) shall not be paid to Executive if Executive’s employment was terminated by the Company for Cause due to Executive’s misappropriation of Company funds.

Appears in 15 contracts

Samples: Employment Agreement (Chaparral Energy, Inc.), Employment Agreement (Chaparral Energy, Inc.), Employment Agreement (Chaparral Energy, Inc.)

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