Common use of Termination by Employer for Cause or by Executive Without Good Reason Clause in Contracts

Termination by Employer for Cause or by Executive Without Good Reason. If Employer terminates Executive’s employment for Cause or if Executive terminates his employment without Good Reason, Employer shall pay Executive upon the effective date of such termination only such Base Salary earned and expenses reimbursable under this Agreement incurred through such termination date. In such case, Executive shall have no right to receive compensation or other benefits for any period after termination under this Agreement.

Appears in 51 contracts

Samples: Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc)

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Termination by Employer for Cause or by Executive Without Good Reason. If Employer terminates Executive’s employment for Cause or if Executive terminates his her employment without Good Reason, Employer shall pay Executive upon the effective date of such termination only such Base Salary earned and expenses reimbursable under this Agreement incurred through such termination date. In such case, Executive shall have no right to receive compensation or other benefits for any period after termination under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc)

Termination by Employer for Cause or by Executive Without Good Reason. If Employer terminates Executive’s 's employment for Cause or if Executive terminates his employment without Good Reason, Employer shall pay Executive upon the effective date of such termination only such Base Salary earned and expenses reimbursable under this Agreement incurred through such termination date. In such case, Executive shall have no right to receive compensation or other benefits for any period after termination under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc)

Termination by Employer for Cause or by Executive Without Good Reason. If Employer terminates Executive’s employment for Cause or if Executive terminates his employment without Good Reason, Employer shall pay Executive upon the effective date of such termination only such Base Salary earned and expenses reimbursable under this Agreement incurred through such termination date. In such case, Executive shall 3 of 10 have no right to receive compensation or other benefits for any period after termination under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Northrim Bancorp Inc), Employment Agreement (Northrim Bancorp Inc)

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Termination by Employer for Cause or by Executive Without Good Reason. If Employer terminates Executive’s employment for Cause this Agreement For Cause, or if Executive terminates his employment without Good Reason, Employer Executive shall pay Executive upon be entitled to receive his Salary only through the effective date of such termination only such Base Salary earned is effective, and expenses reimbursable under this Agreement incurred through shall not be entitled to any Bonus Compensation for the fiscal year during which such termination date. In such case, Executive shall have no right to receive compensation occurs or other benefits for any period after termination under this Agreementsubsequent fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Western Power & Equipment Corp)

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