Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7.
Appears in 33 contracts
Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 sixty (60) days prior written notice to Executive the Executive. If the Company terminates the Executive’s employment without the occurrence of any of the events constituting Cause and the termination is not due to the Executive’s death or pay in lieu thereofdisability or is not a Non-Renewal, then the termination by the Company is without Cause. In If the event Company terminates the Executive’s employment without Cause, then the Severance Package provisions of a termination under Section 5 shall apply, and this Section 6(d), Agreement shall otherwise terminate and the Executive shall be entitled to have no further rights or obligations hereunder except for the benefits set forth in surviving provisions of this Agreement as described at Section 77.15.
Appears in 24 contracts
Samples: Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days prior written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice.
Appears in 22 contracts
Samples: Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc), Employment Agreement (Pricesmart Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days written notice to the Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the payments, vesting, consideration, and benefits set forth in Section 7.
Appears in 18 contracts
Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)
Termination by the Company Without Cause. The Notwithstanding anything to the contrary contained herein but subject to Section 7 hereof, the Company may may, by delivering thirty (30) days' prior written notice to the Executive, terminate the Executive’s 's employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d(as hereinafter defined), the Executive shall be entitled to the benefits set forth in Section 7.
Appears in 15 contracts
Samples: Employment Agreement (Esoft Inc), Stock Purchase Agreement (Air Methods Corp), Employment Agreement (Esoft Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause during a Change of Control Period at any time without Cause upon 30 days by the service of written notice of termination to the Executive or pay in lieu thereofspecifying an effective date of such termination not sooner than ten (10) days after the date of such notice. In lieu of the event of a termination under Executive working during this Section 6(d)ten (10) day period, the Executive shall be entitled Company may choose to the benefits set forth in Section 7end Executive’s employment immediately by providing two (2) weeks of Base Salary.
Appears in 13 contracts
Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause at any time without Cause upon 30 days by the service of written notice of termination to the Executive or pay in lieu thereofspecifying an effective date of such termination not sooner than ten (10) days after the date of such notice. In lieu of the event of a termination under Executive working during this Section 6(d)ten (10) day period, the Executive shall be entitled Company may choose to the benefits set forth in Section 7end Executive’s employment immediately by providing two (2) weeks of Base Salary.
Appears in 13 contracts
Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days delivery of written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled at least thirty (30) days prior to the benefits set forth in Section 7his Date of Termination.
Appears in 13 contracts
Samples: Employment Agreement (Immunic, Inc.), Employment Agreement (SAB Biotherapeutics, Inc.), Employment Agreement (Immunic, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive thirty (30) days prior written notice to Executive or pay in lieu thereofof the termination. In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
Appears in 12 contracts
Samples: Employment Agreement (Siga Technologies Inc), Employment Agreement (Siga Technologies Inc), Employment Agreement (Siga Technologies Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause during a Change of Control Period at any time without Cause upon 30 days by the service of written notice of termination to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to specifying an effective date of such termination not sooner than thirty (30) business days after the benefits set forth in Section 7date of such notice.
Appears in 10 contracts
Samples: Employment Agreement (Chesapeake Oilfield Operating LLC), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause at any time without Cause upon 30 days by the service of written notice of termination to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to specifying an effective date of such termination not sooner than thirty (30) business days after the benefits set forth in Section 7date of such notice.
Appears in 8 contracts
Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 thirty (30) days prior written notice to Executive or pay and, in lieu thereof. In the event of a termination under this Section 6(d)such event, the Executive Term shall be entitled to the benefits set forth in Section 7terminate upon expiration of such thirty (30) day period.
Appears in 8 contracts
Samples: Employment Agreement (Vitae Pharmaceuticals, Inc), Employment Agreement (Vitae Pharmaceuticals, Inc), Employment Agreement (Vitae Pharmaceuticals, Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder at any time without Cause upon 30 for any reason or no reason by giving the Executive thirty (30) days prior written notice to Executive or pay in lieu thereof. In of the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7termination.
Appears in 7 contracts
Samples: Merger Agreement (Walnut Financial Services Inc), Employment Agreement (THCG Inc), Employment Agreement (THCG Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive sixty (60) days prior written notice to Executive or pay in lieu thereofof the termination. In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
Appears in 7 contracts
Samples: Employment Agreement (Siga Technologies Inc), Employment Agreement (Siga Technologies Inc), Employment Agreement (Siga Technologies Inc)
Termination by the Company Without Cause. The Company may also terminate the Executive’s employment hereunder at any time and this Agreement without Cause upon by providing at least 30 days days’ written notice of such termination to the Executive. A termination of the Executive’s employment and this Agreement by the Company without Cause shall entitle the Executive to payments and other benefits as specified in paragraph 10(g) or pay in lieu thereof. In the event of a termination under this Section 6(d10(h), the Executive shall be entitled to the benefits set forth in Section 7as applicable.
Appears in 7 contracts
Samples: Employment Agreement (Halcon Resources Corp), Employment Agreement (Halcon Resources Corp), Employment Agreement (Halcon Resources Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 sixty (60) days prior written notice to Executive the Executive. If the Company terminates the Executive’s employment without the occurrence of any of the events constituting Cause and the termination is not due to the Executive’s death or pay in lieu thereofdisability or is not a Non-Renewal, then the termination by the Company is without Cause. In If the event Company terminates the Executive’s employment without Cause, then the Severance Package provisions of a termination under Section 5 shall apply, and this Section 6(d), Agreement shall otherwise terminate and the Executive shall be entitled to have no further rights or obligations hereunder except for the benefits set forth in surviving provisions of this Agreement as described at Section 77.13.
Appears in 6 contracts
Samples: Employment Agreement (Landmark Apartment Trust, Inc.), Employment Agreement (Landmark Apartment Trust, Inc.), Employment Agreement (Landmark Apartment Trust of America, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause (which may be effective immediately upon 30 days written notice or upon such other date as may be set in such notice). Any termination by the Company of Executive’s employment under this Agreement which is not due to Executive Executive’s death under Section 6(a) or pay in lieu thereof. In the event of which does not constitute a termination for Cause under this Section 6(d), the Executive 6(b) shall be entitled to the benefits set forth in Section 7deemed a termination without Cause.
Appears in 6 contracts
Samples: Employment Agreement (Twinlab Consolidated Holdings, Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.), Employment Agreement (Twinlab Consolidated Holdings, Inc.)
Termination by the Company Without Cause. The Company may terminate Subject to the payment of Termination Benefits pursuant to Section 7(b), the Executive’s employment hereunder at any time under this Agreement may be terminated by the Company, without Cause Cause, upon 30 days not less than fifteen (15) days’ prior written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7Executive.
Appears in 6 contracts
Samples: Employment Agreement (Digital Turbine, Inc.), Employment Agreement (Digital Turbine, Inc.), Employment Agreement (Digital Turbine, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s the employment of the Executive hereunder at any time without Cause upon 30 days Cause, for any reason whatsoever, by giving the Executive written notice of its intent to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled do so at least thirty (30) days prior to the benefits set forth in Section 7date on which the proposed termination is to be effective.
Appears in 6 contracts
Samples: Employment Agreement (QSAM Biosciences, Inc.), Employment Agreement (QSAM Biosciences, Inc.), Employment Agreement (QSAM Biosciences, Inc.)
Termination by the Company Without Cause. The At any time during the Term, the Company may terminate the Term and Executive’s employment hereunder at any time without Cause Cause, upon 30 days provision of thirty (30) calendar days’ written notice to Executive or pay in lieu thereofeffective at such later date specified by the Company. In the event of a termination Executive’s employment is terminated without Cause, and provided that Executive fully complies with Executive’s obligations under this Agreement and executes the Release as required under Section 6(d)4.B, the then Executive shall be entitled paid compensation pursuant to the benefits set forth in Section 7.4.B.
Appears in 5 contracts
Samples: Executive Employment Agreement (T Stamp Inc), Executive Employment Agreement (T Stamp Inc), Executive Employment Agreement (T Stamp Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder without Cause (other than for Disability) at any time without Cause upon 30 at least thirty (30) days written notice Notice of Termination to Executive or pay in lieu thereof. In the event specifying Executive’s date of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7of employment.
Appears in 5 contracts
Samples: Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.)
Termination by the Company Without Cause. The Company employment of the Executive hereunder (and this Agreement) may terminate Executive’s employment hereunder be terminated at any time time, at the option of the Company without Cause. Termination by the Company without Cause upon 30 days written shall be effective immediately after the Company gives notice to Executive or pay of Executive’s termination, unless the Company specifies a later date, in lieu thereof. In the event of a which case, termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7effective as of such later date.
Appears in 5 contracts
Samples: Employment Agreement (iBio, Inc.), Employment Agreement (iBio, Inc.), Employment Agreement (iBio, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive thirty (30) days prior written notice to Executive or pay in lieu thereofof the termination. In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive's duties, positions and titles with the benefits set forth in Section 7Company.
Appears in 4 contracts
Samples: Employment Agreement (Siga Technologies Inc), Employment Agreement (Escala Group Inc), Employment Agreement (Escala Group Inc)
Termination by the Company Without Cause. The Upon 30 days prior written notice, the Company may terminate the Executive’s employment hereunder at any time during the Employment Term without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7Cause.
Appears in 4 contracts
Samples: Executive Employment and Non Competition Agreement (Morton Industrial Group Inc), Executive Employment and Non Competition Agreement (Morton Industrial Group Inc), Executive Employment and Non Competition Agreement (Morton Industrial Group Inc)
Termination by the Company Without Cause. The Company may immediately terminate the Executive’s employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event Cause, by giving a sixty (60)-day Notice of a termination under this Section 6(d), the Executive shall be entitled Termination to the benefits set forth in Section 7Executive.
Appears in 4 contracts
Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners Lp)
Termination by the Company Without Cause. The Company may shall have the right to terminate the Executive’s 's employment hereunder at any time prior to the expiration of the Initial Employment Term or any Subsequent Employment Term for any reason without Cause upon 30 with at least ninety days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice.
Appears in 4 contracts
Samples: Employment Agreement (Go2net Inc), Employment Agreement (Go2net Inc), Employment Agreement (Go2net Inc)
Termination by the Company Without Cause. The In addition to any termination of Executive's employment with the Company and its subsidiaries for reasons described in the foregoing provisions of this Section 6, the Company may terminate Executive’s such employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereofCause. In the event of a termination under this Section 6(d), the Executive Such determination shall be entitled made by the affirmative vote of two-thirds (2/3) of the non-management membership of the Board of Directors ("Board") at a meeting of the Board called and held for such purpose. The Board shall provide Executive with written determination of its decision no less than thirty (30) days prior to the benefits set forth in Section 7.effective date of such employment termination..
Appears in 4 contracts
Samples: Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder at any time prior to the expiration of the Term for any reason, and without Cause upon 30 days written notice to Executive or pay in lieu thereofnotice. In the event of a termination without Cause under this Section 6(d)5.03, the Company will pay to and Executive shall be entitled to receive the benefits set forth in Section 7.following:
Appears in 3 contracts
Samples: Employment Agreement (Touch America Holdings Inc), Employment Agreement (Touch America Holdings Inc), Employment Agreement (Touch America Holdings Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7.
Appears in 3 contracts
Samples: Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.), Employment Agreement (Advanced Accelerator Applications S.A.)
Termination by the Company Without Cause. The In addition to any termination of Executive's employment with the Company and its subsidiaries for reasons described in the foregoing provisions of this Section 6, the Company may terminate Executive’s such employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereofCause. In the event of a termination under this Section 6(d), the Executive Such determination shall be entitled made by the affirmative vote of two-thirds (2/3) of the non-management membership of the Board at a meeting of the Board called and held for such purpose. The Board shall provide Executive with written determination of its decision no less than thirty (30) days prior to the benefits set forth in Section 7effective date of such employment termination.
Appears in 3 contracts
Samples: Employment Agreement (Neighborcare Inc), Employment Agreement (Genesis Healthcare Corp), Employment Agreement (Genesis Healthcare Corp)
Termination by the Company Without Cause. The Executive's employment with the Company may terminate Executive’s employment hereunder at any time be terminated without Cause upon 30 days by the Company (acting through its President, Chief Executive Officer or Board), effective immediately by written notice to Executive or pay in lieu thereofthe Executive. In Upon termination of employment by the event of a termination under this Section 6(d)Company without Cause, the Executive Company shall be entitled pay to the benefits set forth Executive within fifteen (15) days after the date of termination cash in Section 7the amount of (i) any unpaid salary due to the Executive hereunder through the date of the termination, plus (ii) any accrued but unpaid vacation pay due to the Executive.
Appears in 3 contracts
Samples: Employment Agreement (Value America Inc /Va), Employment Agreement (Value America Inc /Va), Employment Agreement (Value America Inc /Va)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days delivery of written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled at least thirty (30) days prior to the benefits set forth in Section 7Date of Termination.
Appears in 3 contracts
Samples: Employment Agreement (First Person Ltd.), Employment Agreement (First Person Ltd.), Employment Agreement (First Person Ltd.)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereofExecutive. In the event of a termination under this Section 6(d)Following such notice, the Company may notify Executive that he shall not be entitled required to perform all or some of his regular services for the benefits set forth in Section 7Company.
Appears in 3 contracts
Samples: Executive Employment Agreement (Kintara Therapeutics, Inc.), Employment Agreement (Kintara Therapeutics, Inc.), Executive Employment Agreement (DelMar Pharmaceuticals, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time with the Company may be terminated without Cause upon 30 cause by a majority of the board of directors on five (5) business days prior written notice to the Executive or pay (or, in lieu thereof. In of such notice, the event of a termination under this Section 6(dExecutive’s base salary for one week), provided, however, that the Company shall have the obligation upon any such termination to make the payments to the Executive shall be entitled to the benefits set forth in provided for under Section 76 of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Cellectar Biosciences, Inc.), Employment Agreement (Novelos Therapeutics, Inc.)
Termination by the Company Without Cause. The Company may shall have the right to terminate Executive’s employment hereunder at any time without Cause upon 30 days by giving Executive not less than sixty (60) days’ prior written notice and in such event, (i) the Company shall pay Executive any earned and accrued but unpaid installments of base salary and benefits due to Executive or pay in lieu thereof. In under Section 4 above (including, without limitation, unreimbursed expenses due under Section 4) through the event date of a termination under this Section 6(d), the Executive shall be entitled and (ii) subject to the benefits set forth provisions of Sections 14 and 26 below, Executive will participate in Section 7the Company’s Severance Plan.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (A. H. Belo Corp)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7without Cause.
Appears in 2 contracts
Samples: Employment Agreement (Bit Digital, Inc), Employment Agreement (Bit Digital, Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at will, for any time without Cause reason (or for no reason) whatsoever, effective immediately upon 30 days written notice from the Company to Executive or pay in lieu thereof. In the event of a such termination under this Section 6(dby the Company (i.e., other than by reason of death, Disability or for Cause), then the Company shall pay to Executive shall be his then current Base Salary and Benefits accrued, Severance Pay (as defined in and subject to Section 7(f) below) and any expenses for which Executive is entitled to be reimbursed, up to and including the benefits set forth in Section 7effective date of such termination.
Appears in 2 contracts
Samples: Employment Agreement (Professional Diversity Network, LLC), Employment Agreement (Professional Diversity Network, LLC)
Termination by the Company Without Cause. The Company may also terminate the Executive’s employment hereunder at any time under this Agreement without Cause upon 30 days by providing at least thirty (30) days’ written notice of such termination to Executive or pay in lieu thereofthe Executive. In A termination of the event of a termination Executive’s employment under this Section 6(dAgreement by the Company without Cause shall entitle the Executive to payments and other benefits as specified in paragraph 10(g) or 10(h), the Executive shall be entitled to the benefits set forth in Section 7as applicable.
Appears in 2 contracts
Samples: Employment Agreement (Petrohawk Energy Corp), Employment Agreement (Petrohawk Energy Corp)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days for any reason by giving the Executive prior written notice not less than 120 days prior to Executive or pay in lieu thereofsuch termination. In During the event of a termination under this Section 6(d)Notice Period, the Executive shall will continue to be entitled an employee of the Company pursuant to the terms of this agreement and to receive the Salary and all other benefits set forth in Section 7hereunder.
Appears in 2 contracts
Samples: Employment Agreement (Quark Pharmaceuticals Inc), Employment Agreement (Quark Pharmaceuticals Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 by delivering a Notice of Termination to the Executive. The Date of Termination shall be specified in the Notice of Termination; provided however, that the Date of Termination shall not be earlier than thirty (30) calendar days written notice to after delivery of the Notice of Termination. This Section 5.5 notwithstanding, the Company may, in its sole discretion, pay Executive or pay thirty (30) days of Salary in lieu thereof. In the event of delivering a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7Notice of Termination.
Appears in 2 contracts
Samples: Stock Purchase Agreement (McMahon Brian P), Stock Purchase Agreement (FTE Networks, Inc.)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause effective upon 30 at least sixty (60) days prior written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice.
Appears in 2 contracts
Samples: Employment Agreement (Apogee Technology Inc), Employment Agreement (Apogee Technology Inc)
Termination by the Company Without Cause. The Notwithstanding anything to the contrary herein, the Company may terminate the Executive’s employment hereunder without Cause at any time without Cause upon 30 by giving the Executive sixty (60) days advance written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7termination.
Appears in 2 contracts
Samples: Employment Agreement (Kips Bay Medical, Inc.), Employment Agreement (Kips Bay Medical, Inc.)
Termination by the Company Without Cause. The Company Subject to the payment of Termination Benefits pursuant to Section 6(d), Executive's employment under this Agreement may terminate Executive’s employment hereunder at any time be terminated without Cause by the Company upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled at least thirty (30) days prior to the benefits set forth in Section 7such termination.
Appears in 2 contracts
Samples: Employment Agreement (Us Global Nanospace Inc), Employment Agreement (Us Global Nanospace Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder under this Agreement without Cause at any time without Cause upon 30 days written notice to Executive and for any reason, or pay in lieu thereoffor no reason. In the event of a Such termination under this Section 6(d), the Executive shall be entitled to effective on the benefits set forth in Section 7date of the notice of termination, or as otherwise specified by the Company, but not later than thirty (30) days after the date of such notice.
Appears in 2 contracts
Samples: Executive Employment Agreement (Torrid Holdings Inc.), Executive Employment Agreement (Torrid Holdings Inc.)
Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder for any reason by delivering a Notice of Termination to the Executive at any time without Cause upon least 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled prior to the benefits set forth in Section 7Date of Termination.
Appears in 2 contracts
Samples: Employment Agreement (Mortgage Com Inc), Employment Agreement (Mortgage Com Inc)
Termination by the Company Without Cause. The In addition to the other termination provisions of this Agreement, the Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereofcause and for any reason (a “Termination Without Cause”). In the event of a Termination Without Cause, (i) the Executive shall be entitled to his accrued but unpaid Base Salary up to and including the effective date of termination under this Section 6(d), and (ii) the Executive shall be entitled to the benefits set forth severance compensation specified in Section 76(e) below.
Appears in 2 contracts
Samples: Executive Employment Agreement (KnowBe4, Inc.), Executive Employment Agreement (KnowBe4, Inc.)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder without cause at any time without Cause upon 30 days written during the term of this Agreement by giving the Executive thirty (30) days’ notice of such termination, during which period Executive will continue to receive the compensation and benefits to which Executive or pay in lieu thereofwould normally be entitled under the terms of this Agreement. In During the event notice period, Executive must fulfill all of a termination under this Section 6(d)Executive’s duties and responsibilities and use Executive’s best efforts to train and support Executive’s replacement, if any. Notwithstanding the foregoing, the Company, at its option, may instruct Executive shall be entitled during such period not to undertake any active duties on behalf of the benefits set forth in Section 7Company.
Appears in 2 contracts
Samples: Employment Agreement (22nd Century Group, Inc.), Employment Agreement (22nd Century Group, Inc.)
Termination by the Company Without Cause. The Company may shall have the right to terminate the Executive’s 's employment hereunder at for any time without Cause upon 30 days written notice to Executive other reason not set forth in clauses (i), (ii) or pay in lieu thereof. In the event (iii) of a termination under this Section 6(d7(b), the Executive shall be entitled Termination Date being 15 days after notice from the Company to the benefits set forth in Section 7Executive.
Appears in 2 contracts
Samples: Employment Agreement (Alliance Gaming Corp), Employment Agreement (Alliance Gaming Corp)
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder without Cause at any time without Cause upon 30 days written notice to Executive, provided that the Company first gives Executive or pay a written notice of termination at least five (5) calendar days prior to the effective date of any such termination. In such event, Executive's services shall terminate on the effective date specified in lieu thereofsuch notice. In the event of a termination under this Section 6(d)the Company without Cause hereunder terminates Executive's services at any time during the Term, in addition to any severance payments to which Executive is otherwise entitled, the Company shall pay to Executive shall be entitled to the benefits set forth in Section 7Full Term Compensation.
Appears in 1 contract
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 days days’ written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 77 unless there has been a Change in Control, in which Section 8 applies.
Appears in 1 contract
Samples: Employment Agreement (TriVascular Technologies, Inc.)
Termination by the Company Without Cause. The Company may also terminate the Executive’s employment hereunder at any time under this Agreement without Cause upon 30 days by providing at least thirty (30) days’ written notice of such termination to the Executive. A termination of this Agreement by the Company without Cause shall entitle the Executive to payments and other benefits as specified in paragraph 10(g) or pay in lieu thereof. In the event of a termination under this Section 6(dparagraph 10(h), the Executive shall be entitled to the benefits set forth in Section 7as applicable.
Appears in 1 contract
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d)Cause, the Executive shall be entitled to the benefits set forth in Section 7with at least thirty (30) days' prior notice.
Appears in 1 contract
Samples: Executive Employment Agreement (Westwood Holdings Group Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder without Cause at any time without Cause upon time, by providing Executive 30 days days’ prior written notice to Executive or pay in lieu thereofof such termination. In Such notice shall specify the event effective date of a the termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7of Executive’s employment.
Appears in 1 contract
Samples: Employment Agreement (United Insurance Holdings Corp.)
Termination by the Company Without Cause. The Subject to the obligations under Section 12(c) of this Agreement and notwithstanding anything herein to the contrary, the Company may terminate Executive’s 's employment hereunder at any time without Cause upon 30 days by written notice to Executive or pay in lieu thereofExecutive. In the event Termination of a termination Executive's employment under this Section 6(d), the Executive 11(b) shall be entitled to the benefits set forth in Section 7effective thirty (30) days after Executive's receipt of such termination notice.
Appears in 1 contract
Samples: Employment Agreement (Tangible Asset Galleries Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time terminate Executive's employment without Cause upon 30 days written (as defined below) by giving Executive notice to Executive or pay in lieu thereofof the effective date of termination (which effective date may be the date of such notice). In the event of a such termination under this Section 6(d)without Cause, and after the Executive has accumulated six months of continuous service, the Executive Company shall be entitled have the continuing obligation to make payments of base salary at the benefits set forth rate in Section 7effect at the effective date of such termination for a period of six (6) months following the effective date of such termination.
Appears in 1 contract
Samples: Severance Agreement (Gadzooks Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive sixty (60) days prior written notice to Executive of the termination (or pay payment of 60 days base salary in lieu thereofof such 60 days advance notice). In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
Appears in 1 contract
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder “Without Cause” at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereofExecutive. In the event For purposes of this Agreement, a termination “Without Cause” shall mean the involuntary termination of Executive's employment with the Company under this Section 6(d)Agreement during the Employment Period for any reason other than a termination (i) for Cause, the Executive shall be entitled to the benefits set forth in Section 7(ii) by death, or (iii) by disability.
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Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder at for any time without Cause upon 30 days written notice reason by delivering a Notice of Termination to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled at least (90) days prior to the benefits set forth in Section 7Date of Termination.
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Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder at any time for whatever reason it deems appropriate or without Cause upon 30 days written notice to Executive or pay reason; provided, however, that in lieu thereof. In the event of a that such termination under this is not pursuant to Section 6(d6.1 (Death), the Executive shall be entitled to the benefits set forth 6.2 (Disability), 6.3 (Due Cause), 6.5 (Voluntary Termination), 6.6 (Constructive Termination) or 6.7 (Termination Following a Change in Section 7.Control), such
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Samples: Employment Agreement (Nahc Inc)
Termination by the Company Without Cause. The Company Subject to the payment of Termination Benefits pursuant to Section 6(d), the Executive's employment under this Agreement may terminate Executive’s employment hereunder at any time be terminated without Cause by the Company upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7Executive.
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Termination by the Company Without Cause. The Company may also terminate the Executive’s employment hereunder at any time under this Agreement without Cause upon 30 days by providing at least thirty (30) days’ written notice of such termination to Executive or pay in lieu thereofthe Executive. In A termination of the event of a termination Executive’s employment under this Section 6(dAgreement by the Company without Cause shall entitle the Executive to payments and other benefits as specified in paragraph 10(g) or 10(h), the Executive shall be entitled to the benefits set forth in Section 7as applicable.”
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Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days delivery of written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled at least fifteen (15) days prior to the benefits set forth in Section 7his Date of Termination.
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Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder without Cause at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereofwithout thereby giving rise to a breach of this Agreement solely as a result of such termination. In the event of receipt of such notice, Executive may immediately terminate Executive's employment and elect to receive his base salary accrued through the date of termination plus a termination under this Section 6(d), the Executive shall be entitled severance benefit equal to the benefits set forth in Section 7.per diem rate of base salary multiplied by the number of calendar days between the date Executive elects to immediately terminate Executive's
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Samples: Employment Agreement (Probex Corp)
Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder without Cause at any time without Cause upon 30 thirty (30) days written notice to Executive or pay in lieu thereofwithout thereby giving rise to a breach of this Agreement solely as a result of such termination. In the event of receipt of such notice, Executive may immediately terminate Executive's employment and elect to receive his base salary accrued through the date of termination plus a termination under this Section 6(d), the Executive shall be entitled severance benefit equal to the benefits set forth in Section 7per diem rate of base salary multiplied by the number of calendar days between the date Executive elects to immediately terminate Executive's employment and the date sixty (60) days after receipt of the Company's notice of termination without Cause.
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Termination by the Company Without Cause. The Company may shall have the right to terminate Executive’s employment hereunder at any time without Cause upon 30 thirty (30) days written notice (subject to Executive or pay and in lieu thereof. In the event of a termination under this Section 6(daccordance with Sections 5.10 and 6.2 below), in which event the Company shall, on the Date of Termination, pay Executive shall be entitled all compensation, expenses and other amounts owed to him as of the benefits set forth Date of Termination (as defined in Section 75.10 and 6.2 below) and shall continue to pay Executive’s Base Salary (in effect as of the Date of Termination) for six (6) months.
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Samples: Executive Employment Agreement (American Defense Systems Inc)
Termination by the Company Without Cause. The Company may shall have the right to terminate Executive’s 's employment hereunder at any time time, on 30 days' notice, without Cause upon 30 days written notice to Executive or pay (as defined in lieu thereofSection 5.4 hereof). In the event of a termination under this Section 6(dof Executive's employment without Cause (whether during or after the Employment Term), the Executive shall be entitled paid (i) all amounts owed pursuant to Section 5.5 hereof and (ii) the benefits set forth Base Compensation payable hereunder until the later of the expiration of the Employment Term or six months after the date of termination and payable in Section 7semi-monthly installments during such period.
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Samples: Employment Agreement (Inspire Insurance Solutions Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days by delivering written notice to Executive or pay in lieu thereofthe Executive. In the event The Date of a termination under this Section 6(d), the Executive Termination shall be entitled to specified in the benefits set forth in Section 7Notice of Termination.
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Termination by the Company Without Cause. The Unless otherwise provided in Section 4(c), the Company may terminate Executive’s employment hereunder at any time without Cause upon 30 days for any reason or no reason by giving Executive sixty (60) days’ prior written notice to Executive of the termination (or pay payment of sixty (60) days’ Base Salary in lieu thereof. In the event of a termination under this Section 6(dsuch sixty (60) days’ advance notice), the Executive shall be entitled to the benefits set forth in Section 7.
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Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder at any time without Cause upon for any reason by giving the Executive prior written notice not less than 30 days written notice prior to Executive or pay in lieu thereof. In such termination; provided, however, termination by the event of a termination Company shall be deemed to have occurred under this Section 6(dparagraph 3(f) only if such termination by the Company is not pursuant to paragraph 3(c) or 3(e), the Executive shall be entitled to the benefits set forth in Section 7.
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Samples: Employment Agreement (Perrigo Co)
Termination by the Company Without Cause. The Executive's employment may be terminated by the Company may terminate Executive’s employment hereunder at any time without Cause upon provided that the Executive is afforded at least 30 days days' prior written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7such termination.
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Samples: Aadvantage Participating Carrier Agreement (Reno Air Inc/Nv/)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days for any reason by giving the Executive prior written notice not less than 90 days prior to Executive or pay in lieu thereofsuch termination. In During the event of a termination under this Section 6(d)Notice Period, the Executive shall be entitled will continue in the employ of the Company pursuant to the terms of this agreement and to receive the Salary and other benefits set forth in Section 7hereunder.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time under this Agreement without Cause upon 30 days at least 20 days’ prior written notice to Executive or pay in lieu thereofExecutive. In For purposes hereof, a Termination by the event of Company without Cause shall also include a termination under this Section 6(d)of Executive’s employment after the parties’ failure to enter into a new employment agreement prior to June 30, 2008 that results in Executive’s termination of employment with the Executive shall be entitled to the benefits set forth in Section 7Company on June 30, 2008.
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Samples: Employment Agreement (Calpine Corp)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 days Cause. The Company hereby agrees to provide Executive with no less than 60 days’ prior written notice to Executive of the effective date of termination of Executive’s employment without Cause; provided, however, that Executive, in his sole and absolute discretion, may waive the requirement for prior notice of termination of Executive’s employment without Cause or pay in lieu thereof. In decrease the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice period.
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Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause upon 30 days days’ written notice to Executive or pay in lieu thereof. In provided; however, if the event of a termination under this Section 6(d)Company terminates the Executive’s employment without Cause, the Executive Company shall be entitled to have the benefits obligations set forth in Section 75 of this Agreement.
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Samples: Employment Agreement (Fossil Inc)
Termination by the Company Without Cause. The Company may terminate Executivethe Employee’s employment hereunder at any time prior to the Term End Date without Cause upon 30 thirty (30) days written notice to Executive the Employee or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive Employee shall be entitled to the benefits set forth in Section 7.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause time, including upon 30 days a Change in Control, upon written notice; provided that the Company will be required to provide Executive at least thirty (30) days’ advance written notice to Executive of a termination without Cause. The notice may be working notice or pay in lieu thereofof notice at the Company’s sole discretion. In the event of a termination under this Section 6(d)Termination by the Company without Cause, the Executive termination date shall be entitled thirty (30) days after the Company provides written notice to the benefits set forth in Section 7Executive.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder under this Agreement at any time without Cause upon 30 days cause by giving Executive ninety (90) days’ written notice to of termination. If the Company terminates Executive or pay in lieu thereof. In the event of a termination under this Section 6(d)section, within ten (10) days after a general release signed by Executive and the Company substantially in the form of the general release attached hereto as Exhibit C becomes irrevocable, Executive shall will be entitled to continued vesting of previously granted stock options and Restricted Stock to the benefits set forth extent provided in Section 7.Sections 7 and 8 hereof and subject to his compliance with the terms of the Post Employment Consulting Agreement attached hereto as Exhibit A.
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Termination by the Company Without Cause. The Subject to Section 7 hereof, the Company may may, by delivering thirty (30) days' prior written notice to the Executive, terminate the Executive’s 's employment hereunder at any time without Cause upon 30 days written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d(as hereinafter defined), the Executive shall be entitled to the benefits set forth in Section 7.
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Samples: Employment Agreement (Esoft Inc)
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive thirty (30) days prior written notice to Executive of the termination (or pay in lieu thereofof such notice). In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
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Termination by the Company Without Cause. The Company may terminate Executive’s 's employment hereunder at any time without Cause upon 30 days Cause, with at least thirty (30) days' prior written notice to Executive or pay in lieu thereofnotice. In the event of a termination under this Section 6(d)000 Xxxxxxxx Xxxxx, the Executive shall be entitled to the benefits set forth in Section 7.Xxxxx 0000, Xxxxxx, XX 00000 | 214.756.6900 | xxxxxxxxxxxxx.xxx
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Termination by the Company Without Cause. The Company may terminate the Executive’s 's employment hereunder at any time without Cause upon 30 for any reason or no reason by giving the Executive thirty (30) days prior written notice to Executive or pay in lieu thereofof the termination. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7.122
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Termination by the Company Without Cause. The Executive's employment with the Company may terminate Executive’s employment hereunder at any time be terminated without Cause upon 30 cause by a majority of the Board of Directors of the Company on thirty (30) days prior written notice to Executive or pay in lieu thereof. In the event of a Executive, PROVIDED, HOWEVER, that the Company shall have the obligation upon any such termination under this Section 6(d), to make the payments to the Executive shall be entitled to the benefits set forth in provided for under Section 77 of this Agreement.
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Termination by the Company Without Cause. The At any time during the Term, the Company may may, without Cause and for any reason whatsoever, terminate the Term and Executive’s employment hereunder at any time without Cause employment, effective immediately upon 30 days written provision of notice to Executive or pay in lieu thereofat such later date specified by the Company. In the event of a termination Executive’s employment is terminated without Cause, and provided that Executive fully complies with his obligations under this Agreement and executes a general release of all claims as required under Section 6(d7.g), the then Executive shall be entitled paid compensation pursuant to the benefits set forth in Section 7Sections 7.f), 7.g), and 7.h).
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Termination by the Company Without Cause. The At any time during the Term, the Company may may, without Cause and for any reason whatsoever, terminate the Term and Executive’s employment hereunder at any time without Cause employment, effective immediately upon 30 days written provision of notice to Executive or pay in lieu thereofat such later date specified by the Company. In the event of a termination Executive’s employment is terminated without Cause, and provided that Executive fully complies with his obligations under this Section 6(dAgreement and executes a general release of all claims as required under section 7(g), the then Executive shall be entitled paid compensation pursuant to the benefits set forth in Section 7sections 7(f) and 7(g).
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Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause during a Change of Control Period at any time without Cause upon 30 days by the service of written notice of termination to the Executive specifying an effective date of such termination not sooner than thirty (30) business days after the date of such notice; provided that a Notice of Nonrenewal being provided by the Company to the Executive, or pay in lieu thereof. In by the event of Executive to the Company, shall not alone constitute a termination under this Section 6(d), of the Executive shall be entitled to Executive’s employment by the benefits set forth in Section 7Company without Cause.
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Termination by the Company Without Cause. The Company may terminate Executive’s the employment hereunder of Executive and this Agreement at any time during the Term of this Agreement without Cause upon 30 days by giving Executive written notice of such termination, to Executive or pay be effective thirty (30) days following the giving of such written notice, in lieu thereof. In the event of a termination under this Section 6(d), the which case Executive shall be entitled to receive the benefits set forth in compensation, severance, and benefit continuation required by Section 76.3 below.
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Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at any time without Cause effective upon 30 days at least thirty days’ prior written notice to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice.
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Samples: Mutual Confidentiality and Non Disclosure Agreement
Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at will, for any time without Cause reason (or for no reason) whatsoever, effective immediately upon 30 days written notice from the Company to Executive or pay in lieu thereof. In If, prior to the event expiration of a termination under this Section 6(d)the Employment Period, the Executive Executive’s employment with the Company is terminated by the Company Without Cause she shall be entitled to receive the benefits Termination Amount plus the Severance Payment set forth in Section 77(f) below.
Appears in 1 contract
Samples: Employment Agreement (Professional Diversity Network, Inc.)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder at for any time without reason other than Cause upon 30 days by delivering written notice of termination to the Executive or at least ninety (90) days prior to the date of termination. The Company may elect to earlier terminate and pay Executive their regular Base Salary and benefits through the end of the 90-day period as a part of severance pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7such notice.
Appears in 1 contract
Samples: Executive Employment Agreement (Processa Pharmaceuticals, Inc.)
Termination by the Company Without Cause. The Company may shall have the right to terminate the Executive’s 's employment hereunder at for any time without Cause upon 30 days written notice to Executive reason not specifically set forth in clauses (i), (ii) or pay in lieu thereof. In the event (iii) of a termination under this Section 6(d7(b), the Executive shall be entitled Termination Date being 15 days after written notice thereof by the Company to the benefits set forth in Section 7Executive.
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Termination by the Company Without Cause. The Company may terminate this Employment Agreement and Executive’s employment hereunder without Cause prior to the expiration of the Term at any time without Cause upon 30 days providing the Executive sixty (60) days’ prior written notice to or by providing Executive or pay his full base salary for sixty (60) days in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to the benefits set forth in Section 7notice.
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Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause at any time without Cause upon 30 days by the service of written notice of termination to Executive or pay in lieu thereof. In the event of a termination under this Section 6(d), the Executive shall be entitled to specifying an effective date of such termination not Xxxxx Xxxxxxxxx EA 5-21-15 6 Table of Contents sooner than thirty (30) business days after the benefits set forth in Section 7date of such notice.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time with the Company may be terminated without Cause upon 30 cause by a majority of the Board on five (5) business days prior written notice to the Executive or pay (or, in lieu thereof. In of such notice, the event of a termination under this Section 6(dExecutive’s base salary for one week), provided, however, that the Company shall have the obligation upon any such termination to make the payments to the Executive shall be entitled to the benefits set forth in provided for under Section 76 of this Agreement.
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Termination by the Company Without Cause. The Executive's employment with the Company may terminate Executive’s employment hereunder at any time be terminated without Cause upon 30 cause by a majority of the board of directors of the Company on thirty (30) days prior written notice to Executive or pay in lieu thereof. In the event of a Executive, provided, however, that the Company shall have the obligation upon any such termination under this Section 6(d), to make the payments to the Executive shall be entitled to the benefits set forth in provided for under Section 76 of this Agreement.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive thirty (30) days prior written notice of the termination. Following any such notice, subject to Executive or pay in lieu thereof. In the event provisions of a termination under this Section 6(d)6, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
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Termination by the Company Without Cause. The Subject to Section 1 of this Agreement, the Company may terminate Executive’s employment hereunder at any time without Cause upon 30 for any reason or no reason by giving Executive thirty (30) days prior written notice to Executive or pay in lieu thereofof the termination. In the event of a termination under this Section 6(d)Following any such notice, the Executive shall be entitled to Company may reduce or remove any and all of Executive’s duties, positions and titles with the benefits set forth in Section 7Company.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time terminate Executive's employment without Cause upon 30 days written (as defined below) by giving Executive notice to Executive or pay in lieu thereofof the effective date of termination (which effective date may be the date of such notice). In the event of a such termination under this Section 6(d)without Cause, during the Executive's second twelve month period of employment with the Company, the Executive Company shall be entitled have the continuing obligation to make payments of base salary at the benefits set forth rate in Section 7effect at the effective date of such termination for a period of six (6) months following the effective date of such termination.
Appears in 1 contract
Samples: Severance Agreement (Gadzooks Inc)
Termination by the Company Without Cause. The Company may terminate the Executive’s employment hereunder without Cause at any time without Cause upon 30 days by the service of written notice of termination to the Executive specifying an effective date of such termination not sooner than thirty (30) business days after the date of such notice; provided that a Notice of Nonrenewal being provided by the Company to the Executive, or pay in lieu thereof. In by the event of Executive to the Company, shall not alone constitute a termination under this Section 6(d), of the Executive shall be entitled to Executive’s employment by the benefits set forth in Section 7Company without Cause.
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Termination by the Company Without Cause. The Company may terminate Executive’s employment hereunder at any time without Cause upon 30 days thirty (30) days’ prior written notice to Executive or pay Executive, or, at the Company’s discretion, payment of Executive’s base salary (at the Annual Salary rate in effect at the time notice is given) in lieu thereofof notice for all or a portion of the thirty-day notice period. In If the event of a termination under this Section 6(d)Company terminates Executive’s employment without Cause, the Executive Severance Package provisions of Section 5 shall be entitled to the benefits set forth in Section 7apply.
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