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 Option shall cease as of the date of such termination, and any unvested portion of the Option shall be forfeited by the Executive.

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 Option Restricted Shares shall cease as of the date of such termination, and any unvested portion of the Option Restricted Shares shall be forfeited by the ExecutiveExecutive 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)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 Option shall cease as of Restricted Shares shall, on the date of such termination, cease and any unvested portion of the Option Restricted Shares shall be forfeited by Executive and revert to the ExecutiveEmployer.

Appears in 1 contract

Samples: Employment Agreement (Investview, Inc.)

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