Common use of Termination by Corporation for Cause Clause in Contracts

Termination by Corporation for Cause. If the Corporation terminates the Executive’s employment for Cause, then except as agreed in writing between the Executive and the Corporation, the Executive shall be entitled to receive only compensation and benefits earned up to the Date of Termination. The Executive shall not be entitled to receive any payments or benefits under this Agreement with respect to the period after the Executive’s Termination Date and the Corporation shall have no obligation to make any additional payments or provide any other benefits with respect to the period after the Executive’s Termination Date.

Appears in 4 contracts

Samples: Employment Agreement (Ryerson Holding Corp), Employment Agreement (Ryerson Holding Corp), Employment Agreement (Ryerson Inc.)

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Termination by Corporation for Cause. If the The Corporation terminates may at any time terminate this Agreement and the Executive’s 's employment at any time for Cause, then except as agreed in writing between cause upon written notice to the Executive and the Corporation(11Notice11), without payment of any compensation either by way of anticipated earnings or damages of any kind, but the Executive shall nonetheless be entitled to receive only compensation accrued salary, accrued vacation pay and benefits earned up to and including the Date date of Termination. The Executive shall not be entitled to receive any payments or benefits under this Agreement with respect to the period after the Executive’s Termination Date and the Corporation shall have no obligation to make any additional payments or provide any other benefits with respect to the period after the Executive’s Termination Datetermination.

Appears in 1 contract

Samples: Executive Employment Agreement (FOCUS GOLD Corp)

Termination by Corporation for Cause. If the Corporation terminates the Executive’s employment for Cause, then except as agreed in writing between the Executive and the Corporation, the Executive shall be entitled to receive only compensation and benefits earned up to the Date of Termination. The Executive shall not be entitled to receive any payments or benefits under this Agreement with respect to the period after the Executive’s Termination Date and the Corporation shall have no obligation to make any additional payments or provide any other benefits with respect to the period after the Executive’s Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Ryerson Holding Corp)

Termination by Corporation for Cause. If the Corporation terminates the Executive’s employment for Cause, then except as agreed in writing between the Executive and the Corporation, the Executive shall be entitled to receive only compensation and benefits earned up to the Date of Termination. The Executive shall not be entitled to receive any payments or benefits under this Agreement or otherwise with respect to the period after the Executive’s Termination Date and the Corporation shall have no obligation to make any additional payments or provide any other benefits with respect to the period after the Executive’s Termination Date.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Ryerson Holding Corp)

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Termination by Corporation for Cause. If the Corporation terminates the Executive’s 's employment for Cause, then except as agreed in writing between the Executive and the Corporation, the Executive shall be entitled to receive only compensation and benefits earned up to the Date of Termination. The Executive shall not be entitled to receive any payments or benefits under this Agreement with respect to the period after the Executive’s 's Termination Date and the Corporation shall have no obligation to make any additional payments or provide any other benefits with respect to the period after the Executive’s 's Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Ryerson Holding Corp)

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