Termination by the Company for Cause or by the Employee Without Good Reason Sample Clauses

Termination by the Company for Cause or by the Employee Without Good Reason. If the Employment Period is terminated by the Company with Cause or as a result of the Employee’s resignation without Good Reason, the Employee shall be entitled to receive the Accrued Rights. Following such a termination, the Employee shall have no further rights to any compensation or any other benefits under this Agreement. Notwithstanding anything herein to the contrary, the Company may only terminate the Employment Period for Cause pursuant to this Section 6(d) provided that the Company has given written notice to the Employee of the occurrence of any events constituting Cause within ninety (90) days of the occurrence of any such events and the Employee fails to cure such events within thirty (30) days after the Employee’s receipt of such notice.
AutoNDA by SimpleDocs
Termination by the Company for Cause or by the Employee Without Good Reason. If the Employment Period is terminated by the Company with Cause or as a result of the Employee's resignation without Good Reason, the Employee shall not be entitled to receive his Base Salary or any fringe benefits or bonuses for periods after the Termination Date.
Termination by the Company for Cause or by the Employee Without Good Reason. If the Employment Period is terminated by the Company with Cause or as a result of the Employee's resignation without Good Reason, the Employee shall not be entitled to receive his Base Salary or any fringe benefits or bonuses for periods after the Termination Date. If termination occurs as a result of the Employee's resignation without Good Reason, the Company shall pay the Employee the actual current year bonus earned, as determined at year-end, pro-rated by the number of months employed in the year of termination.
Termination by the Company for Cause or by the Employee Without Good Reason. If Employee’s employment and this Employment Agreement are terminated by the Company for Cause or by Employee without Good Reason, the Company shall pay Employee the Accrued Obligations (as hereinafter defined) (other than, however, any amounts under any Cash Incentive Plan which are forfeited pursuant to the terms of such plan as a result of the termination), in a single, lump-sum payment within 45 days following such termination.
Termination by the Company for Cause or by the Employee Without Good Reason. The Employee’s employment hereunder may be terminated by the Company for Cause or by the Employee without Good Reason. If the Employee’s employment is terminated by the Company for Cause or by the Employee without Good Reason, this Agreement shall terminate without further obligations to the Employee, other than payment of the Accrued Amounts within 30 days following the Termination Date (or such shorter time required by law). The Employee’s termination by the Company for Cause shall be communicated by Notice of Termination given to the Employee in accordance with this Agreement. The Company’s failure to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Cause shall not waive any right of the Company under this Agreement or preclude the Company from asserting such fact or circumstance in enforcing the Company’s rights under this Agreement.
Termination by the Company for Cause or by the Employee Without Good Reason. If the Employee’s employment is terminated (i) by the Company for Cause or (ii) by the Employee without Good Reason, the Company’s only obligation under this Agreement shall be payment of any earned but unpaid Annual Base Salary and any expense reimbursement payments owed to the Employee.
Termination by the Company for Cause or by the Employee Without Good Reason. If, during the Employment Period, the Company terminates the Employee’s employment for Cause pursuant to Section 8(a)(ii)(B) hereof or the Employee terminates his employment without Good Reason, the Company shall pay the Employee the Employee’s Base Salary due through the Date of Termination, and all other unpaid amounts, if any, to which the Employee is entitled as of the Date of Termination, at the time such payments are due, and the Company shall have no further obligations to the Employee under this Agreement. In the event that the Company intends to terminate the Employee for Cause, the Employee shall have a reasonable opportunity, together with his counsel, to be heard before the Board of Directors of the Company before such termination.
AutoNDA by SimpleDocs
Termination by the Company for Cause or by the Employee Without Good Reason. At any time during the Term, the Company may terminate this Agreement for Cause (as defined in Section 6.1) by giving the Employee a Notice of Termination, which has attached to it copies of the Board determination that forms the basis of the Company's action. The Employee's employment shall terminate at the close of business on the last day of the Notice Period.
Termination by the Company for Cause or by the Employee Without Good Reason. The Company may terminate the Employee’s employment pursuant to the terms of this Agreement at any time for Cause (as defined below) by giving the Employee written notice of termination. Such termination shall become effective upon the giving of such notice. Upon any such termination for Cause, or in the event the Employee terminates his employment with the Company without Good Reason (as defined in Section 7(c)), including in the event the Employee terminates this Agreement for any or no reason, other than Good Reason, by providing the Company with 30 days’ advance written notice to the Company, then the Employee shall have no right to compensation, or reimbursement under Section 4, or to participate in any Employee benefit programs under Section 6, except as may otherwise be provided for by law, for any period subsequent to the effective date of termination. For the avoidance of doubt, for purposes of the definition of “Cause” hereunder in clauses (ii) or (iii), references to the “Company” include White River and other subsidiaries of White River. For purposes of this Agreement, “Cause” shall mean: (i) the Employee is convicted of, or pleads guilty or nolo contendere to, a felony related to the business of the Company; (ii) the Employee, in carrying out his duties hereunder, has acted with gross negligence or intentional misconduct resulting, in any case, in material harm to the Company; (iii) the Employee misappropriates Company funds or otherwise defrauds the Company including a material amount of money or property; (iv) the Employee breaches his fiduciary duty to the Company resulting in material benefits to him, directly or indirectly; (v) the Employee materially breaches any agreement with the Company and fails to cure such breach within 10 days of receipt of notice, unless the act is incapable of being cured; (vi) the Employee breaches any provision of Section 9 or Section 10; (vii) the Employee becomes subject to a preliminary or permanent injunction issued by a United States District Court enjoining the Employee from violating any securities law administered or regulated by the SEC; (viii) the Employee becomes subject to a cease and desist order or other order issued by the SEC after an opportunity for a hearing; (ix) the Employee refuses to carry out a resolution adopted by the Board at a meeting in which the Employee was offered a reasonable opportunity to argue that the resolution should not be adopted; or (x) the Employee abuses alcohol or dr...
Termination by the Company for Cause or by the Employee Without Good Reason. If the Employee's employment is terminated during the Employment Term by the Company for Cause or by the Employee without Good Reason, the Company shall pay the Employee any: (i) Accrued Obligations; and (ii) for any Date of Termination occurring under this Section prior to the payment of the FIS 2012 Annual Bonus, the Company shall pay the Employee no later than March 15, 2013, the FIS 2012 Annual Bonus based upon the actual FIS 2012 Annual Bonus, ignoring any requirement under the FIS 2012 Annual Bonus Plan that the Employee must be employed on the payment date.
Time is Money Join Law Insider Premium to draft better contracts faster.