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

Termination by Company for Company Cause or by Executive Without Executive Cause. If Executive is terminated pursuant to Section 5(a) hereof, or Executive terminates this Agreement other than in accordance with Section 5(d) hereof, the Company shall pay to Executive (i) his Base Salary through the date written notice is properly mailed to Executive pursuant to Section 5(a) hereof, and (ii) all Bonus payments owing to Executive for the fiscal year prior to the year such written notice is received by Executive (to the extent that any such payments were unpaid on the date of termination), and for the current year.

Appears in 4 contracts

Samples: Employment Agreement (Navarre Corp /Mn/), Employment Agreement (Navarre Corp /Mn/), Employment Agreement (Navarre Corp /Mn/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.