Termination by the Company for Reasons Other Than Cause. If the Employee's Termination Date occurs during the Agreement Period and is a result of the Employee's termination of employment by the Company for any reason other than Cause (and is not on account of the Employee's death, disability, or voluntary resignation, the mutual agreement of the parties or any other reason), then the Employee shall receive from the Company, payments under Paragraph 4(a) and such other severance benefits, if any, as determined by the Company. Notwithstanding the foregoing, the Company may, at any time, relieve the Employee of his duties for a specified period of time and such action on the part of the Company shall not be considered a termination of the Employee's employment hereunder. During any period that the Employee has been relieved of his duties pursuant to the foregoing sentence, all provisions of this Agreement, other than the provisions of Paragraphs 2 which require the Employee to actively perform services for the Company, shall continue to remain in full force and effect.
Appears in 6 contracts
Samples: Employment Agreement (Amli Residential Properties Trust), Employment Agreement (Amli Residential Properties Trust), Employment Agreement (Amli Residential Properties Trust)
Termination by the Company for Reasons Other Than Cause. If the Employee's Termination Date occurs during the Agreement Period and is a result of the Employee's termination of employment by the Company for any reason other than Cause (and is not on account of the Employee's death, disability, or voluntary resignation, the mutual agreement of the parties or any other reason), then the Employee shall receive from the Company, payments under Paragraph 4(a) and such other severance benefits, if any, as determined by the Company. Notwithstanding the foregoing, the Company may, at any time, relieve the Employee of his his/her duties for a specified period of time and such action on the part of the Company shall not be considered a termination of the Employee's employment hereunder. During any period that the Employee has been relieved of his his/her duties pursuant to the foregoing sentence, all provisions of this Agreement, other than the provisions of Paragraphs 2 which require the Employee to actively perform services for the Company, shall continue to remain in full force and effect.
Appears in 4 contracts
Samples: Employment Agreement (Amli Residential Properties Trust), Employment Agreement (Amli Residential Properties Trust), Employment Agreement (Amli Residential Properties Trust)
Termination by the Company for Reasons Other Than Cause. If the Employee's Termination Date occurs during the Agreement Period and is a result of the Employee's termination of employment by the Company for any reason other than Cause (and is not on account of the Employee's death, disability, or voluntary resignation, the mutual agreement of the parties or any other reason), then the Employee shall receive from the Company, payments under Paragraph 4(a) and such other severance benefits, if any, as determined by the Company. Notwithstanding the foregoing, the Company may, at any time, time relieve the Employee of his his/her duties for a specified period of time and such action on the part of the Company shall not be considered a termination of the Employee's employment hereunder. During any period that the Employee has been relieved of his his/her duties pursuant to the foregoing sentence, all provisions of this Agreement, Agreement other than the provisions of Paragraphs 2 which require the Employee to actively perform services for the Company, shall continue to remain in full force and effect.
Appears in 1 contract
Samples: Employment Agreement (Amli Residential Properties Trust)