Common use of TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE Clause in Contracts

TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE. If Executive's employment is terminated by the Company for any reason other than Executive's death or Disability or for Cause, the Company shall pay Executive an amount equal to his Salary in effect on the date of termination for the remaining Term of this Agreement as if Executive had remained in the Company's employment during such period at a rate equal to his then Salary.

Appears in 3 contracts

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

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TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE. If Executive's employment is terminated by the Company for any reason other than Executive's death or Disability or for Cause, the Company shall pay Executive an amount equal to his Salary in effect on the date of termination for the remaining Term of this Agreement Contract Year as if Executive had remained in the Company's employment during such period at a rate equal to his then Salary.

Appears in 1 contract

Samples: Employment Agreement (Mossimo Inc)

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