Common use of Termination by Employer With Cause Clause in Contracts

Termination by Employer With Cause. Employer will be entitled to terminate Employee’s employment at any time for Cause. The Base Salary will continue to be paid to Employee through the date of termination, and any amounts owed for Reimbursable Expenses that Employee incurs through such date and any previously awarded but unpaid bonuses will be paid to Employee following termination, subject to Employer’s right to offset against such sum the amount of any damages which Employer may suffer as a result of the actions of Employee constituting Cause. All Benefits will, unless otherwise required by applicable law, terminate on the date of termination. “Cause” will constitute any one of the following:

Appears in 2 contracts

Samples: Employment Agreement (NaturalShrimp Inc), Employment Agreement (NaturalShrimp Inc)

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Termination by Employer With Cause. Employer will be entitled to terminate Employee’s employment at any time for Cause. The Base Salary will continue to be paid to Employee through the date of termination, and any amounts owed for Reimbursable Expenses that Employee incurs through such date and any previously awarded but unpaid bonuses will be paid to Employee following termination, subject to Employer’s right to offset against such sum the amount of any damages which Employer may suffer as a result of the actions of Employee constituting Cause. All Benefits will, unless otherwise required by applicable law, terminate on the date of termination. “Cause” will constitute any one of the following:

Appears in 1 contract

Samples: Employment Agreement (United Fuel & Energy Corp)

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Termination by Employer With Cause. Employer will be entitled to terminate Employee’s 's employment at any time for Cause. The Base Salary will continue to be paid to Employee through the date of termination, and any amounts owed for Reimbursable Expenses that Employee incurs through such date and any previously awarded but unpaid bonuses will be paid to Employee following termination, subject to Employer’s 's right to offset against such sum the amount of any damages which Employer may suffer as a result of the actions of Employee constituting Cause. All Benefits will, unless otherwise required by applicable law, terminate on the date of termination. "Cause" will constitute any one of the following:

Appears in 1 contract

Samples: Employment Agreement (NaturalShrimp Holdings Inc)

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