Common use of Termination by the Company for Cause; Termination by Executive without Good Reason Clause in Contracts

Termination by the Company for Cause; Termination by Executive without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, then: (a) Executive is entitled to receive or otherwise to be provided, and the Company shall pay or provide to Executive: (i) The Accrued Obligations, in a single lump sum, on or before the date thirty (30) days after the Termination Date, and (ii) The timely payment or timely provision of the Other Benefits in accordance with the terms and conditions of the applicable Benefit Plan; and (iii) All vested and Unvested Equity shall be forfeited effective as of the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (LiveXLive Media, Inc.), Employment Agreement (LiveXLive Media, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause; Termination by Executive without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, then: (a) Executive is entitled to receive or otherwise to be provided, and the Company shall pay or provide to Executive: (i) The Accrued Obligations, in a single lump sum, on or before the date thirty (30) days after the Termination Date, and (ii) The timely payment or timely provision of the Other Benefits in accordance with the terms and conditions of the applicable Benefit Plan; and (iii) All vested and Unvested Equity shall be forfeited effective as of the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (LiveXLive Media, Inc.), Employment Agreement (LiveXLive Media, Inc.)

Termination by the Company for Cause; Termination by Executive without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, then: (a) then Executive is entitled to receive or otherwise to be provided, and the Company shall pay or provide to Executive: (ia) The Accrued Obligations, in a single lump sum, on or before the date thirty (30) days after through the Termination Date, and (iib) The timely payment or timely provision of the Other Benefits in accordance with the terms and conditions of the applicable Benefit Plan; and (iii) . All vested and Unvested Equity shall be forfeited effective as of the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (Propanc Biopharma, Inc.), Employment Agreement (Propanc Biopharma, Inc.)

Termination by the Company for Cause; Termination by Executive without Good Reason. If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, then: (a) Executive is entitled to receive or otherwise to be provided, and the Company shall pay or provide to Executive: (i) The Accrued Obligations, in a single lump sum, on or before the date thirty (30) days after the Termination Date, and (ii) The timely payment or timely provision of the Other Benefits in accordance with the terms and conditions of the applicable Benefit Plan; and (iiib) All all vested and Unvested Equity shall be forfeited effective as of the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (LiveXLive Media, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause; Termination by Executive without Good Reason. If Executive’s employment is terminated by the Company for Cause Cause, or by Executive without Good Reason, then: then Executive shall be entitled only to the following (ai) any unpaid base salary through the Termination Date; (ii) reimbursement for any unreimbursed business expenses incurred through the Termination Date; and (iii) all other payments, benefits or fringe benefits to which Executive is entitled to receive or otherwise to be provided, and the Company shall pay or provide to Executive: (i) The Accrued Obligations, in a single lump sum, on or before the date thirty (30) days after the Termination Date, and (ii) The timely payment or timely provision of the Other Benefits in accordance with under the terms and conditions of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant (collectively, the applicable Benefit Plan; and (iii) All vested and Unvested Equity shall be forfeited effective as of the Termination Date“Accrued Amounts”).

Appears in 1 contract

Samples: Employment Agreement (Silver Star Properties Reit, Inc)

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