Common use of Termination by Executive Without Cause Clause in Contracts

Termination by Executive Without Cause. If the Executive resigns without cause (as defined in paragraph ), this Agreement shall terminate as of the date of his resignation, and the Company's obligations and the Executive's rights under this Agreement shall terminate. a. Survival of restrictive covenants. Notwithstanding the expiration or termination of this Agreement for any reason, the Executive's covenants in section and his obligations under that section shall survive the termination of this Agreement as set forth in that section.

Appears in 2 contracts

Samples: Executive Employment Agreement (Alliance Gaming Corp), Executive Employment Agreement (Alliance Gaming Corp)

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Termination by Executive Without Cause. If the Executive resigns without cause (as defined in paragraph 5(c)), this Agreement shall terminate as of the date of his resignation, and the Company's Companies obligations and the Executive's rights under this Agreement shall terminate. a. Survival of restrictive covenants. Notwithstanding the expiration or termination of this Agreement for any reason, the Executive's covenants in section and his obligations under that section shall survive the termination of this Agreement as set forth in that section.

Appears in 1 contract

Samples: Executive Employment Agreement (Alliance Gaming Corp)

Termination by Executive Without Cause. If the Executive resigns without cause (as defined in paragraph ), this Agreement shall terminate as of the date of his resignation, and the Company's obligations and the Executive's rights under this Agreement shall terminate. a. Survival of restrictive covenants. Notwithstanding the expiration or termination of this Agreement for any reason, the Executive's covenants in section and his obligations under that section shall survive the termination of this Agreement as set forth in that section.

Appears in 1 contract

Samples: Executive Employment Agreement (Alliance Gaming Corp)

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Termination by Executive Without Cause. If the Executive resigns without cause (as defined in paragraph 5(e)), this Agreement shall terminate as of the date of his resignation, and the Company's obligations and the Executive's rights under this Agreement shall terminate. a. Survival of restrictive covenants. Notwithstanding the expiration or termination of this Agreement for any reason, the Executive's covenants in section and his obligations under that section shall survive the termination of this Agreement as set forth in that section.

Appears in 1 contract

Samples: Executive Employment Agreement (Alliance Gaming Corp)

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