TERMINATION BY EMPLOYER FOR JUST CAUSE. The Corporation may terminate this agreement and the Executive’s employment for Just Cause with 30 days’ notice to the Executive and without payment to the Executive of any compensation or severance in lieu of notice past the 30 day notice period. Upon termination of employment for Just Cause, the Executive shall only be entitled to any Base Salary due and owing up to the date of termination, all expenses properly incurred up to the date of termination in the carrying out of his duties and any accrued but unused vacation pay due and outstanding.
Appears in 3 contracts
Samples: Executive Employment Agreement (Sky Quarry Inc.), Executive Employment Agreement (Sky Quarry Inc.), Executive Employment Agreement (Sky Quarry Inc.)
TERMINATION BY EMPLOYER FOR JUST CAUSE. 8.1 The Corporation Company may terminate this agreement Agreement and the Executive’s employment at any time for Just Cause with 30 days’ without notice to the Executive and without payment to the Executive of any compensation or severance in lieu of notice past the 30 day notice periodnotice. Upon termination of employment for Just Cause, the Executive Company shall pay, and shall only be entitled obligated to any Base Salary due and owing up pay, to the date Executive the Accrued Pay, which shall be paid no later than thirty (30) days following termination of termination, all expenses properly incurred up to the date of termination in the carrying out of his duties and any accrued but unused vacation pay due and outstandingemployment.
Appears in 2 contracts
Samples: Executive Employment Agreement (Ausam Energy Corp), Executive Employment Agreement (Ausam Energy Corp)