Common use of Termination by Employer With Cause Clause in Contracts

Termination by Employer With Cause. Employer shall be entitled to terminate Employee's employment at any time for Cause. Upon such termination for Cause, all of Employee's rights and benefits provided for in this Agreement shall terminate immediately, except as to any accrued and unpaid Base Salary prorated through the date of termination and any Benefits or amounts owed for Reimbursable Expenses incurred by Employee prior to such termination. Employee will not be deemed to have been terminated for Cause until there has been delivered to him a termination notice by Employer's Board.