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

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated by the Company for Cause, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts set forth in Section 5(h) below.

Appears in 3 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause or Voluntary Termination by the Executive. The Executive may voluntarily terminate his employment and this Agreement at any time by notice to the Company as provided in Section 17. In the event of a termination of the Executive’s employment is terminated by the Executive during the Employment Term other than pursuant to Section 8(a) hereof or a termination by the Company for CauseCause (as defined in Section 9(d) herein) during the Employment Term, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts payments and benefits set forth in Section 5(h) below9(b).

Appears in 3 contracts

Samples: Employment Agreement (Strategic Education, Inc.), Employment Agreement (Strayer Education Inc), Employment Agreement (Strayer Education Inc)

Termination by the Company for Cause or Voluntary Termination by the Executive. In If (i) the event Company terminates the Executive’s employment is terminated by the Company for CauseCause (as defined below), by or (ii) the Executive on his own initiative for other than a Good Reason or due to voluntarily terminates the Executive’s Disabilityemployment without Good Reason, then the Company shall pay the Executive’s Term of Employment shall terminate and Accrued Compensation to the Executive shall be entitled only to through the amounts set forth in Section 5(h) belowdate the Executive’s employment terminates within the time period permitted by applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Gyre Therapeutics, Inc.), Employment Agreement (Gyre Therapeutics, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated by the Company for Cause, by the Executive on his own initiative for other than a Good Reason Reason, or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to any compensation earned but not yet paid, including and without limitation any amount of Base Salary accrued or earned but unpaid and any other payments payable to the amounts set forth in Executive pursuant to Section 5(h5(g) belowbelow as of the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated during the Term of Employment by the Company for Cause, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts set forth in Section 5(h) below.

Appears in 2 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. The Executive may voluntarily terminate his employment under this Agreement at any time by notice to the Company as provided in Section 17. In the event of a termination of the Executive’s employment is terminated by the Executive during the Employment Term other than pursuant to Section 8(a) hereof or a termination by the Company for CauseCause (as defined in Section 9(d) herein) during the Employment Term, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts payments and benefits set forth in Section 5(h) below9(b).

Appears in 2 contracts

Samples: Employment Agreement (Strategic Education, Inc.), Employment Agreement (Strayer Education Inc)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated by the Company for Cause, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts set forth in Section 5(h) below. For the avoidance of doubt, to the extent that the Executive is no longer legally permitted to work in the United States, the parties acknowledge and agree that the Executive’s employment with MFA shall be terminated, and such termination of employment shall be a voluntary termination of employment by the Executive for other than a Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Mfa Financial, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. In If (i) the event Company terminates the Executive’s employment is terminated by the Company for CauseCause (as defined below), by or (ii) the Executive on his own initiative for other than a Good Reason or due to voluntarily terminates the Executive’s Disabilityemployment without Good Reason (as defined below), then the Company shall pay the Executive’s Term of Employment shall terminate and Accrued Compensation to the Executive shall be entitled only to through the amounts set forth in Section 5(h) belowdate the Executive’s employment terminates within the time period permitted by applicable law.

Appears in 1 contract

Samples: Employment Agreement (Gyre Therapeutics, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated during the Term of Employment (i) by the Company for Cause, (ii) by the Executive on his own initiative for other than a Good Reason or and other than due to the Executive’s DisabilityDisability or pursuant to Section 5(d), or (iii) due to the Executive’s failure to renew this Agreement at the end of the Initial Term of Employment shall terminate and or any Extension Term, the Executive shall be entitled only to the amounts set forth in Section 5(h) below.

Appears in 1 contract

Samples: Employment Agreement (Mfa Financial, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated during the Term of Employment (i) by the Company for Cause, (ii) by the Executive on his own initiative for other than a Good Reason or and other than due to the Executive’s Disability, or (iii) due to the Executive’s failure to renew this Agreement at the end of the Initial Term of Employment shall terminate and or any Extension Term, the Executive shall be entitled only to the amounts set forth in Section 5(h5(g) below.

Appears in 1 contract

Samples: Employment Agreement (Mfa Financial, Inc.)

Termination by the Company for Cause or Voluntary Termination by the Executive. The Executive may voluntarily terminate his employment under this Agreement at any time by notice to the Company as provided in Section 18. In the event of a termination of the Executive’s employment is terminated by the Executive during the Employment Term other than pursuant to Section 8(a) hereof or a termination by the Company for CauseCause (as defined in Section 9(d) herein) during the Employment Term, by the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts payments and benefits set forth in Section 5(h) below9(b).

Appears in 1 contract

Samples: Employment Agreement (Strayer Education Inc)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event If the Executive’s 's employment is shall be terminated by for Cause pursuant to Section 5.3 hereof or the Executive terminates his employment voluntarily pursuant to Section 5.7 hereof, the Company for Cause, by shall pay the Executive on his own initiative for other than a Good Reason or due to the Executive’s Disability, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to the amounts set forth Compensation Payment described in Section 5(h) below6.1(a). 6.3.

Appears in 1 contract

Samples: Real Estate Sale Agreement (Price Reit Inc)

Termination by the Company for Cause or Voluntary Termination by the Executive. In the event the Executive’s employment is terminated during the Term of Employment either by the Company for Cause, or by the Executive on his own initiative for other than a Good Reason or due to the Executive’s DisabilityReason, the Executive’s Term of Employment shall terminate and the Executive shall be entitled only to any compensation earned but not yet paid, including and without limitation, any amount of Base Salary accrued or earned but unpaid and any other payments payable to the amounts set forth in Executive pursuant to Section 5(h5(f) below, as of the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Mfa Financial, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.