Common use of Termination by the Company Without Cause or by the Executive for Good Reason Clause in Contracts

Termination by the Company Without Cause or by the Executive for Good Reason. At the election of the Company it may terminate Executive’s employment for reasons other than Cause, death or Disability, at any time upon written notice by the Company to Executive. The Executive may resign from Executive’s employment for “Good Reason” within sixty (60) days after the occurrence of one of the events specified below, by giving prior written notice, provided that Executive has not consented in writing to one of the specified events or been notified previously of the Company’s intention to terminate Executive’s employment. As used in this Agreement Good Reason shall mean:

Appears in 8 contracts

Samples: Employment Agreement (Intra-Cellular Therapies, Inc.), Employment Agreement (Intra-Cellular Therapies, Inc.), Employment Agreement (Intra-Cellular Therapies, Inc.)

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Termination by the Company Without Cause or by the Executive for Good Reason. At the election of the The Company it may terminate the Executive’s employment without Cause and the Executive may terminate his employment for reasons other than Cause, Good Reason. If the Executive’s employment with the Company is terminated by the Company without Cause (excluding any termination due to the Executive’s death or Disability, at any time upon written notice ) or by the Company to Executive. The Executive may resign from Executive’s employment for Good Reason” Reason (other than within sixty (60) days after the occurrence of one 24 months of the events specified belowChange in Control Date, by giving prior written noticein which event Section 7(b)(v) shall apply), provided that Executive has not consented in writing to one of then the specified events or been notified previously of Company will pay the Company’s intention to terminate Executive’s employment. As used in this Agreement Good Reason shall mean:

Appears in 4 contracts

Samples: Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp)

Termination by the Company Without Cause or by the Executive for Good Reason. At the election of the Company it may terminate Executive’s employment for reasons other than Cause, death Death or Disability, at any time upon written notice by the Company to Executive. The Executive may resign from Executive’s employment for “Good Reason” within sixty (60) days after the occurrence of one of the events specified below, by giving prior written notice, provided that Executive has not consented in writing to one of the specified events or been notified previously of the Company’s intention to terminate Executive’s employment. As used in this Agreement Good Reason shall mean:

Appears in 4 contracts

Samples: Employment Agreement (Intra-Cellular Therapies, Inc.), Employment Agreement (Intra-Cellular Therapies, Inc.), Employment Agreement (Intra-Cellular Therapies, Inc.)

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Termination by the Company Without Cause or by the Executive for Good Reason. At the election of the The Company it may terminate the Executive’s employment without Cause and the Executive may terminate his employment for reasons other than Cause, Good Reason. If the Executive’s employment with the Company is terminated by the Company without Cause (excluding any termination due to the Executive’s death or Disability, at any time upon written notice ) or by the Company to Executive. The Executive may resign from Executive’s employment for Good Reason” Reason (other than a termination without Cause or for Good Reason within sixty twenty-four (6024) days after the occurrence of one months of the events specified belowChange in Control Date, by giving prior written noticein which event Section 7(b)(v) shall apply), provided that Executive has not consented in writing to one of then the specified events or been notified previously of Company will pay the Company’s intention to terminate Executive’s employment. As used in this Agreement Good Reason shall mean:

Appears in 1 contract

Samples: Employment Agreement (Polymedica Corp)

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