Common use of Termination by Corporation for Cause Clause in Contracts

Termination by Corporation for Cause. The employment of the Employee hereunder may be terminated at any time by notice in writing from the Corporation to the Employee for Cause, in which event the Employee shall not be entitled to a notice period or compensation in lieu of notice. In such case, the Employee shall not be entitled to any compensation or benefits hereunder except for payment of all amounts due and owing to the date of termination, including accrued but unpaid Base Salary, vacation, and unreimbursed expenses. For purposes of this Agreement, “Cause” shall mean:

Appears in 3 contracts

Samples: Employment Agreement (Integrated Device Technology Inc), Employment Agreement (Integrated Device Technology Inc), Employment Agreement (Integrated Device Technology Inc)

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Termination by Corporation for Cause. The employment of the Employee hereunder may be terminated at any time by notice in writing from the Corporation to the Employee Employee, for Causecause, in which event the Employee shall not be entitled to a notice period or compensation in lieu of notice. In such caseThe Employee agrees that in determining whether or not his termination has been for cause, the Employee terms and provision in the Scintrex Policies & Procedures Manual, as amended from time to time, shall not be entitled to any compensation or benefits hereunder except for payment of all amounts due binding and owing to the date of termination, including accrued but unpaid Base Salary, vacation, employee acknowledges having read and unreimbursed expenses. For purposes of this Agreement, “Cause” shall mean:understood the aforementioned Manual.

Appears in 3 contracts

Samples: Employment Agreement (Ids Intelligent Detection Systems Inc), Employment Agreement (Ids Intelligent Detection Systems Inc), Employment Agreement (Ids Intelligent Detection Systems Inc)

Termination by Corporation for Cause. The employment of the Employee hereunder may be terminated for Cause at any time by notice in writing from the Corporation to the Employee for CauseEmployee, in which event the Employee shall not be entitled to a notice period or compensation in lieu of notice. In such case, the Employee shall not be entitled to any compensation or benefits hereunder except for payment of all amounts due and owing to the date of termination, including accrued but unpaid Base Salary, vacation, and unreimbursed expenses. For purposes of this Agreement, “Cause” shall mean:.

Appears in 2 contracts

Samples: Employment Agreement (Microsemi Corp), Employment Agreement (Microsemi Corp)

Termination by Corporation for Cause. The employment of the Employee hereunder may be terminated for Cause at any time by notice in writing from the Corporation to the Employee for CauseEmployee, in which event the Employee shall not be entitled to a notice period or compensation in lieu of notice. In such case, the Employee shall not be entitled to any compensation or benefits hereunder except for payment of all amounts due and owing to the date of termination, including accrued but unpaid Base Salary, vacation, and unreimbursed expenses. For purposes of this Agreement, “Cause” shall mean:

Appears in 1 contract

Samples: Employment Agreement (Microsemi Corp)

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Termination by Corporation for Cause. The employment of the Employee hereunder may be terminated for Cause at any time by notice in writing from the Corporation to the Employee for CauseEmployee, in which event the Employee shall not be entitled to a notice period or compensation in lieu of notice. In such case, the Employee shall not be entitled to any compensation or benefits hereunder except for payment of all amounts due and owing to the date of termination, including accrued but unpaid Base Salary, vacation, and unreimbursed expenseshereunder. For purposes of this Agreement, “Cause” shall mean:

Appears in 1 contract

Samples: Employment Agreement (Microsemi Corp)

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