TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM Sample Clauses

TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause under Subsection 12.A, Employee shall be entitled to two (2) year's base salary (at Employee's then current base) payable upon such termination.
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TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause under Subsection 11.A., Employee shall be entitled to nine (9) months base salary (at Employee's then current base) plus COBRA premiums for nine (9) months payable in bi-weekly installments similar to if Employee had continued employment with the Company.
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TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. Subject to Clause G of this Section 11, in the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for Cause under Subsection 11.A, Employee shall (i) in the event that such termination occurs prior to the second anniversary hereof, be entitled to an amount equal to one time the highest annual salary of Employee during the Employment Term, plus an additional amount equal to the remaining compensation for the first year following the date hereof had such termination not occurred, or (ii) in the event that such termination occurs on or after the second anniversary hereof, an amount equal to the highest annual cash compensation of Employee during the Employment term; in each case, with benefits under all Company plans to continue during the entire severance period.
Sample 1
TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. Subject to Clause G of this Section 11, in the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for Cause under Subsection 11.A, Employee shall be entitled to his then current Salary through the end of the then current Employment Term.
Sample 1
TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM. In the event of termination by the Employer other than at the end of the Initial Employment Term or Extended Employment Term, other than for cause under Subsection 11.A., Employee shall be entitled to six (6) months base salary (at Employee's then current base) payable upon such termination.
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Related to TERMINATION BY EMPLOYER DURING THE EMPLOYMENT TERM

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Termination by Employee Employee may terminate his employment under this Agreement by 60 days' written notice to the Company.

  • Voluntary Termination by the Employee The Employee may voluntarily terminate the Employee's status as employee for other than Good Reason.

  • Termination by Employer for Cause Employer may terminate Employee’s employment hereunder for “Cause” upon notice to Employee. “Cause” for this purpose shall mean any of the following:

  • Termination by Employer (i) Employer may terminate this Agreement upon written notice for Cause. For purposes hereof, "

  • Voluntary Termination by the Executive Notwithstanding anything in this Agreement to the contrary, the Executive may, upon not less than thirty (30) days' written notice to the Company, voluntarily terminate employment for any reason (including retirement under the terms of the Company's retirement plan as in effect from time to time).

  • Termination by Employer Without Cause Employer may terminate the Term (and Executive’s employment) by giving two weeks written notice to Executive. A termination made pursuant to this Section 5.3 is a “termination Without Cause.” A termination made pursuant to Section 5.2 (and satisfying the notice requirement set forth therein) shall under no circumstance be considered a termination Without Cause.

  • Voluntary Termination by Employee Subject to Section 12 hereof, the Employee may voluntarily terminate employment with the Bank during the term of this Agreement, upon at least 90 days' prior written notice to the Board of Directors, in which case the Employee shall receive only his compensation, vested rights and employee benefits up to the date of his termination (unless such termination occurs pursuant to Section 10(d) hereof or within the Protected Period, in Section 12(a) hereof, in which event the benefits and compensation provided for in Sections 10(d) or 12, as applicable, shall apply).

  • Termination by the Employer for Cause The Executive’s employment under this Agreement may be terminated for Cause (as defined below) on the part of the Employer effective upon a vote of the Board of Directors, prior to which the Employer shall have given the Executive ten (10) days prior written notice and the opportunity to be heard on such matter at a meeting of the Board. Only the following shall constitute “Cause” for such termination:

  • During the Employment Period (i) Executive shall devote Executive's full time and energy solely and exclusively to the performance of Executive's duties described herein, except during periods of illness or vacation periods.

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