Common use of Termination by Executive other than for Good Reason Clause in Contracts

Termination by Executive other than for Good Reason. In the event the Executive terminates this Agreement other than for Good Reason, compensation pursuant to Section 3.1 of this Agreement shall end as of the Date of Termination and any unpaid Bonus shall be forfeited by the Executive. The entitlement of the Executive to benefits under any Benefit Plan shall be determined in accordance with applicable law and the provisions of such plan.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement (Comstock Holding Companies, Inc.), Employment Agreement (Comstock Homebuilding Companies, Inc.)

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Termination by Executive other than for Good Reason. In the event the Executive terminates this Agreement other than for Good Reason, compensation pursuant to Section 3.1 of this Agreement shall end as of the Date of Termination and any unpaid Bonus shall be forfeited by the ExecutiveTermination. The entitlement of the Executive to benefits under the Benefit Plans or any Benefit Plan other benefit plan described in Section 3.4, shall be determined in accordance with applicable law and the provisions of such plan.

Appears in 1 contract

Samples: Employment Agreement (Spire Corp)

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Termination by Executive other than for Good Reason. In the event the Executive terminates this Agreement other than for Good Reason, compensation pursuant to Section 3.1 of this Agreement shall end as of the Date of Termination and any unpaid Bonus shall be forfeited by the ExecutiveTermination. The entitlement of the Executive to benefits under any Benefit Plan shall be determined in accordance with applicable law and the provisions of such plan.

Appears in 1 contract

Samples: Employment Agreement (Alanco Technologies Inc)

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