Common use of Termination by the Company Other Than for Cause, Death or Disability Clause in Contracts

Termination by the Company Other Than for Cause, Death or Disability. The Company may terminate the Executive’s employment during the Employment Period for any reason other than for Cause, death or Disability by providing the Executive with written notice in accordance with Section 10.2 of its intention to terminate the Executive’s employment. In such event, the Executive’s employment with the Company shall terminate effective on the thirtieth (30th) day after receipt of such notice by the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Spheric Technologies, Inc.), Employment Agreement (Spheric Technologies, Inc.), Employment Agreement (Spheric Technologies, Inc.)

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Termination by the Company Other Than for Cause, Death or Disability. The If, during the Employment Period, the Company may shall terminate the Executive’s employment during the Employment Period for any reason other than for Cause, death or Disability by providing Disability, or Executive shall terminate employment for Good Reason within a period of 30 days after the Executive with written notice occurrence of the event giving rise to Good Reason, then in accordance with Section 10.2 consideration of its intention to terminate the Executive’s employment. In services rendered prior to such event, the Executive’s employment termination and as reasonable compensation for his compliance with the Company shall terminate effective on the thirtieth (30th) day after receipt of such notice by the Executive.Restrictive Covenants in Section 13 hereof:

Appears in 2 contracts

Samples: Employment Agreement (PSS World Medical Inc), Employment Agreement (PSS World Medical Inc)

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