Common use of Termination by the Company for Cause or by Executive Without Good Reason Clause in Contracts

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had previously deferred (including any interest earned or credited xxxxxxx), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i) through 8(a)(v) being collectively referred to as the “Accrued Compensation”).

Appears in 10 contracts

Samples: Executive Employment Agreement (Endo, Inc.), Executive Employment Agreement (Endo, Inc.), Executive Employment Agreement (Endo, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay ExecutiveExecutive all amounts earned or accrued hereunder through the termination date, including: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof thereof; (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 5 contracts

Samples: Executive Employment Agreement (Endo International PLC), Executive Employment Agreement (Endo International PLC), Executive Employment Agreement (Endo International PLC)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay ExecutiveExecutive all amounts earned or accrued hereunder through the termination date, including: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof thereof; (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 4 contracts

Samples: Executive Employment Agreement (Endo Health Solutions Inc.), Executive Employment Agreement (Endo Pharmaceuticals Holdings Inc), Executive Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 4 contracts

Samples: Executive Employment Agreement (Endo International PLC), Executive Employment Agreement (Endo International PLC), Executive Employment Agreement (Endo International PLC)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay ExecutiveExecutive all amounts earned or accrued hereunder through the termination date, including: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 1 contract

Samples: Executive Employment Agreement (Endo International PLC)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i9(a)(i) through 8(a)(v9(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 1 contract

Samples: Executive Employment Agreement (Endo International PLC)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxx), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 1 contract

Samples: Executive Employment Agreement (Endo International PLC)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay ExecutiveExecutive all amounts earned or accrued hereunder through the termination date, including: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof thereof; (the foregoing items in Sections 8(a)(i9(a)(i) through 8(a)(v9(a)(vi) being collectively referred to as the “Accrued Compensation”).

Appears in 1 contract

Samples: Executive Employment Agreement (Endo International PLC)

Termination by the Company for Cause or by Executive Without Good Reason. If Executive’s 's employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive: (i) any accrued and unpaid Base Salary, payable on the next payroll date; (ii) any Incentive Compensation earned but unpaid in respect of any completed fiscal year preceding the termination date, payable at the time annual incentive compensation is paid to other similarly situated senior executives; (iii) reimbursement for any and all monies advanced or expenses incurred in connection with Executive’s 's employment for reasonable and necessary expenses incurred by Executive on behalf of the Company for the period ending on the termination date, which amount shall be reimbursed within thirty (30) days of the Company’s 's receipt of proper documentation from Executive; (iv) any accrued and unpaid vacation pay, payable on the next payroll date; (v) any previous compensation that Executive had has previously deferred (including any interest earned or credited xxxxxxxthereon), in accordance with the terms and conditions of the applicable deferred compensation plans or arrangements then in effect, to the extent vested as of Executive’s 's termination date, paid pursuant to the terms of such plans or arrangements; and (vi) any amount or benefit as provided under any benefit plan or program in accordance with the terms thereof (the foregoing items in Sections 8(a)(i) through 8(a)(v8(a)(vi) being collectively referred to as the "Accrued Compensation").

Appears in 1 contract

Samples: Executive Employment Agreement (Endo International PLC)

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