Common use of Termination by the Company for Cause or by Executive other than for Good Reason Clause in Contracts

Termination by the Company for Cause or by Executive other than for Good Reason. In the event that Executive’s employment with the Company is terminated by the Board for Cause, or Executive terminates his employment other than for Good Reason (in which case Executive shall provide not less than ninety (90) days written notice to the Board), Executive shall receive no further compensation other than Executive’s Base Salary, any bonus earned, but unpaid, as of the date of termination of Executive’s employment for the immediately preceding annual performance period and other compensation as accrued and payable through the date of such termination (“Accrued Compensation”). Any Accrued Compensation that is payable shall be paid to Executive pursuant to the Company’s normal payroll practices for its senior management employees. Any awards or benefits payable to Executive shall be paid pursuant to the Company’s normal practices, or as otherwise provided by the terms of the plan or policy pursuant to which such award and benefits are paid.

Appears in 1 contract

Samples: Employment Agreement (Crawford & Co)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive other than for Good Reason. In the event that Executive’s employment with the Company is terminated by the Board for Cause, or Executive voluntarily terminates his employment other than for Good Reason (in which case Executive shall provide not less than ninety (90) days written notice to the Board), Executive shall receive no further compensation other than Executive’s Base Salary, any bonus earned, but unpaid, as of the date of termination of Executive’s employment for the immediately preceding annual performance period and other compensation as accrued and payable through the date of such termination (“Accrued Compensation”). Any Accrued Compensation that is payable shall be paid to Executive pursuant to the Company’s normal payroll practices for its senior management employeespractices. Any awards or benefits payable to Executive shall be paid pursuant to the Company’s normal practices, or except as otherwise provided by the terms of the plan or policy pursuant to which such award and benefits are paid.

Appears in 1 contract

Samples: Employment Agreement (Crawford & Co)

Termination by the Company for Cause or by Executive other than for Good Reason. In the event that Executive’s 's employment with the Company is terminated by the Board for Cause, or Executive voluntarily terminates his employment other than for Good Reason (in which case Executive shall provide not less than ninety (90) days written notice to the Board), Executive shall receive no further compensation other than Executive’s 's Base Salary, any bonus earned, but unpaid, as of the date of termination of Executive’s 's employment for the immediately preceding annual performance period and other compensation as accrued and payable through the date of such termination (“Accrued Compensation”). Any Accrued Compensation that is payable shall be paid to Executive pursuant to the Company’s 's normal payroll practices for its senior management employeespractices. Any awards or benefits payable to Executive shall be paid pursuant to the Company’s 's normal practices, or except as otherwise provided by the terms of the plan or policy pursuant to which such award and benefits are paid.

Appears in 1 contract

Samples: Employment Agreement (Crawford & Co)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive other than for Good Reason. In the event that Executive’s employment with the Company is terminated by the Board for Cause, or Executive terminates his employment other than for Good Reason (in which case Executive shall provide not less than ninety (90) days written notice to the Board), Executive shall 3 Exhibit 10.1 receive no further compensation other than Executive’s Base Salary, any bonus earned, but unpaid, as of the date of termination of Executive’s employment for the immediately preceding annual performance period and other compensation as accrued and payable through the date of such termination (“Accrued Compensation”). Any Accrued Compensation that is payable shall be paid to Executive pursuant to the Company’s normal payroll practices for its senior management employees. Any awards or benefits payable to Executive shall be paid pursuant to the Company’s normal practices, or as otherwise provided by the terms of the plan or policy pursuant to which such award and benefits are paid.

Appears in 1 contract

Samples: Employment Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!