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

Termination by the Company Without Cause or Termination by Executive for Good Reason. In the event that the Company terminates Executive’s employment without Cause or Executive terminates Executive’s employment for Good Reason (as defined below), all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and Executive shall be entitled to receive, and the Company shall pay, only the following: all base salary earned through the last day of Executive’s employment, all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s employment, and (subject to the conditions set forth in Section 4.8 below) the severance payments and benefits set forth below in Sections 4.3.1-4.

Appears in 4 contracts

Samples: Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.), Employment Agreement (Global Cash Access Holdings, Inc.)

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Termination by the Company Without Cause or Termination by Executive for Good Reason. In the event that that, during the Term, the Company terminates Executive’s employment without Cause without, or Executive terminates Executive’s employment for Good Reason (as defined below)Reason, all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and the Company shall pay Executive, and Executive shall be entitled to receive, and the Company shall pay, only the following: all base salary earned through the last day of Executive’s employment, all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s employmentAccrued Amounts. In addition, and (subject to the conditions set forth in Section 4.8 below) , the Company shall pay to Executive the severance payments and benefits set forth below in Sections 4.3.1-44.4.1- 4.4.4 in accordance with the terms thereof.

Appears in 4 contracts

Samples: Employment Agreement (Everi Holdings Inc.), Employment Agreement (Everi Holdings Inc.), Employment Agreement (Everi Holdings Inc.)

Termination by the Company Without Cause or Termination by Executive for Good Reason. In the event that that, during the Term, the Company terminates Executive’s employment without Cause Cause, or Executive terminates Executive’s employment for Good Reason (as defined below)Reason, all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and the Company shall pay Executive, and Executive shall be entitled to receive, and the Company shall pay, only the following: all base salary earned through the last day of Executive’s employment, all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s employmentAccrued Amounts. In addition, and (subject to the conditions set forth in Section 4.8 below) , the Company shall pay to Executive the severance payments and benefits set forth below in Sections 4.3.1-44.4.1- 4.4.4 in accordance with the terms thereof.

Appears in 2 contracts

Samples: Employment Agreement (Everi Holdings Inc.), Employment Agreement (Everi Holdings Inc.)

Termination by the Company Without Cause or Termination by Executive for Good Reason. In the event that the Company terminates Executive’s employment without Cause or Executive terminates Executive’s employment for Good Reason (as defined below)) during the Term or Renewal Term, all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and Executive shall be entitled to receive, and the Company shall pay, only the following: all base salary earned through the last day of Executive’s employment, all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s 's employment, and (subject to the conditions set forth in Section 4.8 below) the severance payments and benefits set forth below in Sections 4.3.1-4.3.1- 4.

Appears in 1 contract

Samples: Employment Agreement (Everi Holdings Inc.)

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Termination by the Company Without Cause or Termination by Executive for Good Reason. In the event that that, during the Term, the Company terminates Executive’s employment without Cause (as defined below), or Executive terminates Executive’s employment for Good Reason (as defined below), all of the Company’s duties and obligations under this Agreement shall cease as of the last day of Executive’s employment and the Company shall pay Executive, and Executive shall be entitled to receive, and the Company shall pay, only the following: all base salary earned through the last day of Executive’s employment, all amounts and benefits earned or incurred pursuant to Section 2.3 through the last day of Executive’s employmentAccrued Amounts. In addition, and (subject to the conditions set forth in Section 4.8 below) , the Company shall pay to Executive the severance payments and benefits set forth below in Sections 4.3.1-4.3.1- 4.

Appears in 1 contract

Samples: Employment Agreement (Everi Holdings Inc.)

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