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 the Executive’s employment and this Agreement is terminated by the Employer for Cause pursuant to Section 6.2(a), or by the Executive without Good Reason pursuant to Section 6.2(d), the vesting of the Restricted Shares shall cease as of the date of such termination, and any unvested Restricted Shares shall be forfeited by the Executive and revert to the Employer.

Appears in 3 contracts

Samples: Employment Agreement (Investview, Inc.), Employment Agreement (Investview, Inc.), Employment Agreement (Investview, Inc.)

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Termination by Employer for Cause or by Executive Without Good Reason. If the Executive’s employment and this Agreement is terminated by the Employer for Cause pursuant to Section 6.2(a), or by the Executive without Good Reason pursuant to Section 6.2(d), the vesting of the Restricted Shares Option shall cease as of the date of such termination, and any unvested Restricted Shares portion of the Option shall be forfeited by the Executive and revert to the EmployerExecutive.

Appears in 3 contracts

Samples: Employment Agreement (Investview, Inc.), Employment Agreement (Investview, Inc.), Employment Agreement (Investview, Inc.)

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Termination by Employer for Cause or by Executive Without Good Reason. If the Executive’s employment and this Agreement is terminated by the Employer for Cause pursuant to Section 6.2(a)5.2 (a) of the Employment Agreement, or by the Executive without Good Reason pursuant to Section 6.2(d)Reason, the vesting of the Restricted Shares shall cease as of shall, on the date of such termination, cease and any unvested Restricted Shares shall be forfeited by the Executive and revert to the Employer.

Appears in 1 contract

Samples: Employment Agreement (Investview, Inc.)

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