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. The Company may terminate this Agreement and Executive’s employment at any time without Cause, and the Executive may terminate this Agreement and his employment for Good Reason. If this Agreement and Executive’s employment with the Company is terminated by the Company pursuant to this Section 5.3 for reasons other than Cause or by the Executive pursuant to this Section 5.3 for Good Reason, and such termination does not result from the Executive’s death or disability under Section 4, Executive shall have no right to receive any compensation or benefit hereunder on and after the effective date of the termination of employment other than the Accrued Benefit, and the following payments and benefits (the “Severance”):

Appears in 9 contracts

Samples: Employment Agreement (Precipio, Inc.), Employment Agreement (Precipio, Inc.), Employment Agreement (Precipio, Inc.)

AutoNDA by SimpleDocs

Termination by the Company Without Cause or by the Executive for Good Reason. The Company may terminate this Agreement and During the Term, if the Executive’s employment at any time without Cause, and the Executive may terminate this Agreement and his employment for Good Reason. If this Agreement and Executive’s employment with the Company is terminated by the Company pursuant without Cause as provided in Section 5(d), or the Executive terminates his employment for Good Reason as provided in Section 5(e), the Company shall pay to the Executive his Accrued Benefits. In addition, subject to the last paragraph of this Section 5.3 for reasons other than Cause or by 6(b), the Executive pursuant Company shall provide the benefits listed in sub-sections 6(b)(i) to this Section 5.3 for Good Reason, and such termination does not result from the Executive’s death or disability under Section 4, Executive shall have no right to receive any compensation or benefit hereunder on and after the effective date of the termination of employment other than the Accrued Benefit, and the following payments and benefits (iii) below (the “SeveranceSeverance Benefits):) to the Executive:

Appears in 6 contracts

Samples: Employment Agreement (PCSB Financial Corp), Employment Agreement (PCSB Financial Corp), Employment Agreement (PCSB Financial Corp)

AutoNDA by SimpleDocs

Termination by the Company Without Cause or by the Executive for Good Reason. The Company may has the right, at any time during the Term, subject to all of the provisions hereof, to terminate the Executive's employment under this Agreement and discharge the Executive without Cause. Furthermore, notwithstanding any other provision of this Agreement, the Executive’s 's employment under this Agreement may be terminated at any time without Cause, and during the Term by the Executive may terminate this Agreement and his employment for Good Reason. If For purposes of this Agreement and Executive’s Agreement, any good faith determination of "Good Reason" made by the Executive will be conclusive. In the event of termination of employment with the Company is terminated either by the Company pursuant to this Section 5.3 for reasons other than without Cause or by the Executive pursuant to this Section 5.3 for Good Reason, and such termination does not result from the Executive’s death or disability under Section 4, Executive shall have no right to receive any compensation or benefit hereunder on and after the effective date of the termination of employment other than the Accrued Benefit, and Company will pay the following severance payments and benefits (to the “Severance”):Executive:

Appears in 1 contract

Samples: Employment Agreement (Global Marine Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.