Termination by Lehman Brothers Without Cause Sample Clauses

Termination by Lehman Brothers Without Cause. In the case of a termination of x Xxxxted Partner's employment by Lehman Brothers without Cause, (i) the General Partner shall not xxxx the right to purchase such Limited Partner's Unvested Interest as provided in paragraph (a) hereof, (ii) such Limited Partner's Unvested Interest will remain subject to, and continue to vest in accordance with, the Vesting Schedule and (iii) such Limited Partner's right and obligation to make further Capital Contributions will cease unless the General Partner sends written notice by certified mail (or its equivalent) or via overnight courier to such Limited Partner within 30 days following such termination of employment offering the opportunity to continue to make Capital Contributions and such Limited Partner accepts such offer as described in paragraph (c) hereof. If at any time following any termination of employment by Lehman Brothers without Cause the General Partner determines in xxxx xaith that such Limited Partner has engaged in any Detrimental Activity, whether before or after such termination of employment, the General Partner will promptly notify the Limited Partner of its determination and the General Partner will have the right thereafter to purchase such Limited Partner's Unvested Interest, if any, as of the date of such notice in accordance with paragraphs (a) and (b) hereof and such Limited Partner's right and obligation to make further Capital Contributions, if any, will cease unless the General Partner again determines to offer such Limited Partner the opportunity to continue making Capital Contributions in accordance with paragraph (c) hereof.
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Related to Termination by Lehman Brothers Without Cause

  • Termination by the Bank Without Cause The Bank shall have the right to terminate the Term at any time on written notice without Cause, for any or no reason, such termination to be effective on the date on which the Bank gives such notice to Executive or such later date as may be specified in such notice.

  • Termination by the Company without Cause; Termination by the Executive for Good Reason (a) For purposes of this Agreement, “Good Reason” shall mean, unless otherwise consented to by the Executive,

  • Termination by Company Without Cause The Company may terminate Employee’s employment without Cause upon thirty (30) days written notice to Employee. If Employee’s employment with the Company is terminated by the Company without Cause, and Employee signs and does not revoke a Release, then Employee shall be entitled to the following:

  • Termination by the Company for Cause; Termination by the Executive without Good Reason (a) For purposes of this Agreement, “

  • Termination by the Company Without Cause or by the Executive with Good Reason During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release:

  • Involuntary Termination by the Company without Cause At all times during the Term, the Board may terminate the Executive’s employment for reasons other than death, Disability, or for Cause, by providing to the Executive a Notice of Termination, at least sixty (60) calendar days (ninety (90) calendar days when termination is due to non-renewal of this Agreement by the Company pursuant to Section 1.2) prior to the Effective Date of Termination; provided, however, that such notice shall not preclude the Company from requiring Executive to leave the Company immediately upon receipt of such notice.

  • Termination by Employer Without Cause Employer may terminate the Term (and Executive’s employment) by giving two weeks written notice to Executive. A termination made pursuant to this Section 5.3 is a “termination Without Cause.” A termination made pursuant to Section 5.2 (and satisfying the notice requirement set forth therein) shall under no circumstance be considered a termination Without Cause.

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • By the Company Without Cause or Resignation by Executive for Good Reason (i) The Employment Term and Executive’s employment hereunder may be terminated by the Company without Cause or by Executive’s resignation for Good Reason.

  • Termination by the Company Without Cause The Company may terminate the Executive’s employment hereunder at any time without Cause. Any termination by the Company of the Executive’s employment under this Agreement which does not constitute a termination for Cause under Section 3(c) and does not result from the death or disability of the Executive under Section 3(a) or (b) shall be deemed a termination without Cause.

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