Common use of Termination by the Company for Due Cause Clause in Contracts

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s employment at any time for “Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 9 contracts

Samples: Employment Agreement (Advance Auto Parts Inc), Agreement (Advance Auto Parts Inc), Employment Agreement (Advance Auto Parts Inc)

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Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive he may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Value America Inc /Va), Employment Agreement (Value America Inc /Va)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for "Due Cause" (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Advance Auto Parts Inc), Employment Agreement (Advance Auto Parts Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent Except as set forth in Sections 7.1 and 7.2 of this Agreement, the Company from terminating shall not terminate the Executive’s 's employment at any time for “without Due Cause” Cause (as hereinafter defined). The Upon any Due Cause termination, the Executive shall continue to receive the his Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights termination and benefits the Executive may have under employee benefit plans and programs obligation of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentencesto make any further payments, after termination of employment for Due Causeor to provide any benefits specified herein, to the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.thereupon cease and terminate. "

Appears in 2 contracts

Samples: Employment Agreement (Univec Inc), Employment Agreement (Univec Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided salary for in this Agreement only through the period ending with the date of such terminationtermination as provided in this Section 5.3. Any rights and benefits the Executive he may have under in respect of any other compensation or employee benefit plans and or programs of the Company shall be determined in accordance with the terms of such other compensation arrangements or such other plans and or programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Infinite Technology Group LTD), Employment Agreement (Infinite Technology Group LTD)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the his Base Salary provided for in this Agreement only through the period ending with the date of such terminationtermination as provided in this Section 5.3. Any rights and benefits the Executive he may have under in respect of any other compensation or employee benefit plans and or programs of the Company shall be determined in accordance with the terms of such other compensation arrangements or such other plans and or programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Infinite Technology Group LTD)

Termination by the Company for Due Cause. Nothing herein shall prevent the a Company from terminating the Executive’s 's employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided salary for in this Agreement only through the period ending with the date of such terminationtermination as provided in this Section 5.3. Any rights and benefits the Executive he may have under in respect of any other compensation or employee benefit plans and or programs of the such Company shall be determined in accordance with the terms of such other compensation arrangements or such other plans and or programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (9278 Communications Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the The Executive’s employment hereunder may be terminated at any time by the Company for “Due Cause” (as hereinafter defined). The If the Executive’s employment is terminated by the Company for Due Cause, the Executive shall continue to receive the Executive’s Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights termination and benefits the Executive may have under employee benefit plans and programs of the Company shall be determined in accordance with pay the terms of such plans and programsAccrued Obligations. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Release Agreement (Advance Auto Parts Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s employment at any time for “Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

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Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive he may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for “Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Agreement (Advance Auto Parts Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s 's employment at any time for Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive she may have under employee benefit plans and programs of the Company shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Value America Inc /Va)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s employment at any time for “Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company Employment Agreement – Xxxx Xxxxxxxxx EXECUTION VERSION shall be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

Termination by the Company for Due Cause. Nothing herein shall prevent the Company from terminating the Executive’s employment at any time for “Due Cause” (as hereinafter defined). The Executive shall continue to receive the Base Salary provided for in this Agreement only through the period ending with the date of such termination. Any rights and benefits the Executive may have under employee benefit plans and programs of the Company shall Employment Agreement – Xxxxxx X. Xxxxx – EXECUTION COPY - August 2018 be determined in accordance with the terms of such plans and programs. Except as provided in the two immediately preceding sentences, after termination of employment for Due Cause, the Executive shall not be entitled to any compensation or benefits from the Company or hereunder.

Appears in 1 contract

Samples: Employment Agreement (Advance Auto Parts Inc)

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