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

Termination by the Company Other than for Cause. The Company may terminate the Employee's employment at any time other than for Cause (as defined in Section 1.2), by giving the Employee a written notice of termination at least 30 days before the date of termination (or such lesser notice period as the Employee may agree to). In the event of such a termination of employment pursuant to this Section 1.1, the Employee shall be entitled to receive (i) the benefits described in Section 3 if such termination of employment does not occur within 18 months following a "Change of Control" (as defined in Section 5), or (ii) the benefits described in Section 4 if such termination of employment occurs within 18 months following a Change of Control.

Appears in 12 contracts

Samples: Agreement (Lydall Inc /De/), Agreement (Lydall Inc /De/), Agreement (Lydall Inc /De/)

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Termination by the Company Other than for Cause. The Company may terminate the Employee's ’s employment at any time other than for Cause (as defined in Section 1.2), by giving the Employee a written notice of termination at least 30 days before the date of termination (or such lesser notice period as the Employee may agree to). In the event of such a termination of employment pursuant to this Section 1.1, the Employee shall be entitled to receive (i) the benefits described in Section 3 if such termination of employment does not occur within 18 months following a "Change of Control" (as defined in Section 5), or (ii) the benefits described in Section 4 if such termination of employment occurs within 18 months following a Change of Control.

Appears in 3 contracts

Samples: Agreement (Lydall Inc /De/), Agreement (Lydall Inc /De/), Agreement (Lydall Inc /De/)

Termination by the Company Other than for Cause. The Company may terminate the Employee's ’s employment at any time other than and for Cause (as defined in Section 1.2), any reason by giving the Employee a Him written notice of termination to that effect at least 30 90 days before the date of termination (or such lesser notice period as the Employee may agree to)termination. In the event of such a termination of the Company terminates the Employee’s employment pursuant to this Section 1.1for any reason other than for Cause, the Employee shall be entitled to receive (i) the benefits described in Section 3 if such termination of employment does not occur within 18 months following a "Change of Control" (as defined in Section 5), or (ii) the benefits described in Section 4 if such termination of employment occurs within 18 months following a Change of Control4.6.

Appears in 1 contract

Samples: Employment Agreement (Skinvisible Inc)

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Termination by the Company Other than for Cause. The Company may terminate the Employee's employment at any time other than for Cause (as defined in Section 1.2), by giving the Employee a written notice of termination at least 30 days before the date of termination (or such lesser notice period as the Employee may agree to). In the event of such a termination of employment pursuant to this Section 1.1, the Employee shall be entitled to receive (i) the benefits described in Section 3 if such termination of employment does not occur within 18 months following a "Change of Control" (as defined in Section 55(a)), or (ii) the benefits described in Section 4 if such termination of employment occurs within 18 months following a Change of Control.

Appears in 1 contract

Samples: Agreement (Lydall Inc /De/)

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