Common use of Termination by the Company for Cause or Voluntary Termination by Executive Clause in Contracts

Termination by the Company for Cause or Voluntary Termination by Executive. In the event that at any time Executive’s employment with the Company is terminated (x) by the Company for Cause or (y) by Executive other than with Good Reason, due to Disability, or in a termination governed by Section 5(m) below, then (z) the Term of Employment will (if it has not already expired) terminate automatically and the Company will have no further obligations to Executive under this Agreement except for any payments and benefits described in Section 5(f).

Appears in 11 contracts

Samples: Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp)

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Termination by the Company for Cause or Voluntary Termination by Executive. In If (i) the event that at any time Company terminates Executive’s employment with for Cause (as defined in Section 6(i)), or (ii) Executive voluntarily terminates Executive’s employment without Good Reason (as defined in Section 6(i)), then the Company is terminated (x) by the Company for Cause or (y) by Executive other than with Good Reason, due to Disability, or in a termination governed by Section 5(m) below, then (z) the Term of Employment will (if it has not already expired) terminate automatically and the Company will have no further obligations shall pay to Executive under this Agreement except for any payments and benefits described in Section 5(f)Accrued Compensation through the date Executive’s employment terminates within the time period permitted by applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Korn Ferry International), Employment Agreement (Korn Ferry International)

Termination by the Company for Cause or Voluntary Termination by Executive. In the event that at any time during the Term of Employment Executive’s employment with the Company is terminated (x) by the Company for Cause or (y) by Executive other than with for Good Reason, due to Disability, or in a termination governed by Section 5(m) below, then (z) the Executive’s Term of Employment will (if it has not already expired) terminate automatically and the Company will have no without further obligations to Executive Executive, his legal representative or his estate, as the case may be, under this Agreement except for any payments and benefits described in payable to Executive pursuant to Section 5(f).

Appears in 2 contracts

Samples: Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp)

Termination by the Company for Cause or Voluntary Termination by Executive. In If (i) the event that at any time Company terminates Executive’s employment with for Cause (as defined in Section 6(i)), or (ii) Executive voluntarily terminates Executive’s employment without Good Reason (as defined in Section 6(i)), then the Company is terminated (x) by the Company for Cause or (y) by Executive other than with Good Reason, due to Disability, or in a termination governed by Section 5(m) below, then (z) the Term of Employment will (if it has not already expired) terminate automatically and the Company will have no further obligations shall pay to Executive under this Agreement except for any payments and benefits described in Section 5(f)Executive’s Accrued Compensation through the date Executive’s employment terminates within the time period permitted by applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Korn Ferry International), Employment Agreement (Korn Ferry International)

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Termination by the Company for Cause or Voluntary Termination by Executive. In If the event that at any time Company terminates Executive’s employment for Cause pursuant to Section 4.2 or if Executive resigns his employment before the end of the Term (other than a termination by Executive for Good Reason pursuant to Section 4.4), then Executive shall not be entitled to any additional payments or benefits except for payments and benefits, if any, that may have been earned and are or will be payable under and in accordance with the Company terms of any employee benefit plan in which Executive is terminated (x) by the Company for Cause or (y) by Executive other than with Good Reason, due to Disability, or in a termination governed by Section 5(m) below, then (z) the Term of Employment will (if it has not already expired) terminate automatically and the Company will have no further obligations to Executive under this Agreement except for any payments and benefits described in Section 5(f)participant when his employment terminates.

Appears in 1 contract

Samples: Employment Agreement (Mistras Group, Inc.)

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