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 the Executive’s employment shall be terminated by the Company pursuant to Section 6.3 (Cause) or if he terminates his employment pursuant to Section 6.6 (Termination without Good Reason), the Company shall pay the Executive his full Salary through the Date of Termination, at the rate in effect at the time Notice of Termination is given, and assuming the Company is in compliance with the provisions of this Agreement, this shall fully discharge the Company’s obligations to the Executive with respect to this Agreement, other than in regard to the Company’s Indemnification Obligation.

Appears in 2 contracts

Samples: Employment Agreement (Brightpoint Inc), Employment Agreement (Brightpoint Inc)

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Termination by Company for Cause or by Executive Without Good Reason. If the Executive’s employment shall be is terminated by the Company pursuant to Section 6.3 (Cause) for Cause or if he terminates his employment pursuant to Section 6.6 (Termination without by the Executive other than for Good Reason), the Company shall pay the Executive his full Salary through the Date of Termination, at the rate in effect Final Compensation at the time Notice of Termination is given, and assuming in the manner set forth in Section 8(a)(i) hereof. The Company is in compliance with the provisions of this Agreement, this shall fully discharge the Company’s obligations have no further obligation to the Executive with respect to upon such termination under this Agreement, other than in regard to the Company’s Indemnification Obligation.

Appears in 1 contract

Samples: Employment Agreement (Live Nation, Inc.)

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Termination by Company for Cause or by Executive Without Good Reason. If the Executive’s employment shall be is terminated by the Company pursuant to Section 6.3 (Cause) for Cause or if he terminates his employment pursuant to Section 6.6 (Termination without by the Executive other than for Good Reason), the Company shall pay the Executive his full Salary through the Date of Termination, at the rate in effect Final Compensation at the time Notice of Termination is given, and assuming in the manner set forth in Section 8(a)(i) hereof. The Company is in compliance with the provisions of this Agreement, this shall fully discharge the Company’s obligations have no further obligation to the Executive with respect to this Agreement, other than in regard to the Company’s Indemnification Obligationupon such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Live Nation, Inc.)

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