TERMINATION BY EXECUTIVE FOR GOOD REASON OR BY EMPLOYER WITHOUT CAUSE. If Executive terminates this Agreement for good reason, or if Employer terminates Executive without Cause (other than by reason of Executive's death or Disability), Employer will pay Executive a lump-sum severance payment in an amount equal to Executive's then current annual Salary, and shall provide all benefits to which Executive is entitled immediately prior to such termination for a period of 12 months following the date of termination (or reimburse Executive for all costs incurred by Executive in obtaining comparable benefits).
Appears in 8 contracts
Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)
TERMINATION BY EXECUTIVE FOR GOOD REASON OR BY EMPLOYER WITHOUT CAUSE. If Executive terminates this Agreement for good reason, or if Employer terminates Executive without Cause (other than by reason of Executive's ’s death or Disability), Employer will pay Executive a lump-sum severance payment in an amount equal to Executive's ’s then current annual Salary, and shall provide all benefits to which Executive is entitled immediately prior to such termination for a period of 12 months following the date of termination (or reimburse Executive for all costs incurred by Executive in obtaining comparable benefits).
Appears in 2 contracts
Samples: Employment Agreement (Badu Holdings, Inc.), Employment Agreement (Badu Holdings, Inc.)