Common use of Termination by Officer Clause in Contracts

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii) herein, the Company shall pay the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination. The Company shall than have no further obligation to Officer under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (American Healthways Inc), Employment Agreement (American Healthways Inc)

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Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 VIII. (iii) and (iv) herein, the Company shall pay the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination. The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (American Healthways Inc), Employment Agreement (American Healthways Inc)

Termination by Officer. The Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination for any reason by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii) herein, giving the Company prior written Notice of Termination, which Notice of Termination shall pay be effective not less than 60 days after it is given to the Company, provided that nothing in this Agreement shall require the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of to specify a reason for any such termination. The Company shall than have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Control Agreement (Omega Worldwide Inc)

Termination by Officer. Officer The Officers employment under this Agreement may terminate his employment hereunder be terminated at any time by the Officer upon sixty ninety (6090) days prior written noticenotice to the Employer. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii) hereintermination, the Company Officer shall pay be entitled to receive the Officer his Base Salary due through base salary compensation and fringe benefits payable to the date on which his employment is terminated at the rate in effect at the time of notice of termination. The Company shall than have no further obligation to Officer under this AgreementAgreement through the effective date of such termination, and if the termination is a retirement of Officer from the Employer with the consent of the Board, he shall be entitled to receive any incentive bonus to which he is otherwise entitled.

Appears in 1 contract

Samples: Employment Agreement (First Sterling Banks Inc)

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other other-than termination in accordance with Section 8 (ii) or 8 (iii) hereinVIII(iii), the Company shall pay Officer on the Officer next regularly scheduled date for payment of Officer’s Base Salary: (a) his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination, (b) the Accrued Obligations, and (c) Plan Payments (which amounts shall be payable in accordance with the terms and conditions of such benefit plans). The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Healthways, Inc)

Termination by Officer. Officer may terminate his her employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii8(ii) or 8 (iii8(iii) herein, the Company shall pay the Officer his her Base Salary due through the date on which his her employment is terminated at the rate in effect at the time of notice of termination. The Company shall than have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Healthways Inc)

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii) hereinVIII(iii), the Company shall pay Officer on the Officer next regularly scheduled date for payment of Officer's Base Salary: (a) his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination, (b) the Accrued Obligations, and (c) Plan Payments (which amounts shall be payable in accordance with the terms and conditions of such benefit plans). The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Healthways Inc)

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Termination by Officer. Officer may terminate his her employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 VIII. (iii) and (iv) herein, the Company shall pay the Officer his her Base Salary due through the date on which his her employment is terminated at the rate in effect at the time of notice of termination. The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Healthways Inc)

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii) hereinVIII.(iii), the Company shall pay the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination. The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Healthways Inc)

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 VIII (ii) or 8 (iii) Section III herein, the Company shall pay the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of terminationtermination and all monies and benefits accrued for him to such date. The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment and Non Compete Agreement (American Healthways Inc)

Termination by Officer. Officer may terminate his employment hereunder at any time upon sixty (60) days written notice. Upon such termination by Officer, other than termination in accordance with Section 8 (ii) or 8 (iii8.(ii) herein, the Company shall pay the Officer his Base Salary due through the date on which his employment is terminated at the rate in effect at the time of notice of termination. The Company shall than then have no further obligation to Officer under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Healthways Inc)

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