Common use of Termination by the Company with Notice Clause in Contracts

Termination by the Company with Notice. The Company may terminate this Agreement at any time, with or without cause, upon three (3) month written notice to Executive; provided, however, upon such notice Executive shall not be required to perform any services for the Company other than during the period of one (1) month immediately following the receipt of such notice of termination in which Executive shall assist the Company in training his successor and generally preparing for an orderly transition.

Appears in 6 contracts

Samples: Employment Agreement (Prime Companies Inc), Employment Agreement (Prime Companies Inc), Employment Agreement (Prime Companies Inc)

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Termination by the Company with Notice. The Company may terminate this Agreement without Cause at any time, with or without cause, time upon three thirty (330) month days written notice to Executive; provided, however, upon such notice during which period Executive shall not be required to perform any services for the Company other than during the period of one (1) month immediately following the receipt of such notice of termination in which Executive shall to assist the Company in training his successor and generally preparing for an orderly transition; PROVIDED, HOWEVER, that Executive shall be entitled to compensation upon such termination as provided in Agreement Sections 8(a) and 8(b) below.

Appears in 5 contracts

Samples: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Termination by the Company with Notice. The Company may terminate this Agreement without Cause at any time, with or without cause, time upon three thirty (330) month days written notice to Executive; provided, however, upon such notice during which period Executive shall not be required to perform any services for the Company other than during the period of one (1) month immediately following the receipt of such notice of termination in which Executive shall to assist the Company in training his successor and generally preparing for an orderly transition; provided, however, that Executive shall be entitled to compensation upon such termination as provided in Agreement Sections 8(a) and 8(b) below.

Appears in 3 contracts

Samples: Retirement Transition and Award Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

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Termination by the Company with Notice. The Company may terminate this Agreement without Cause at any time, with or without cause, time upon three thirty (330) month days written notice to Executive; provided, however, upon such notice during which period Executive shall not be required to perform any services for the Company other than during the period of one (1) month immediately following the receipt of such notice of termination in which Executive shall to assist the Company in training his her successor and generally preparing for an orderly transition; PROVIDED, HOWEVER, that Executive shall be entitled to compensation upon such termination as provided in Sections 8(a) and 8(b) below.

Appears in 1 contract

Samples: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

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