Common use of Termination by the Company Without Good Cause Clause in Contracts

Termination by the Company Without Good Cause. The Company may terminate this Employment Contract at any time without Good Cause. If the Company terminates this Employment Contract without Good Cause, the Company shall either give Employee six (6) months’ advance notice of such termination or pay to Employee an amount equal to six (6) months’ of Base Salary, in addition to any earned but unpaid Base Salary accrued through the date of termination.

Appears in 3 contracts

Samples: Employment Agreement, Employment Contract (TRX Inc/Ga), Employment Contract (TRX Inc/Ga)

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Termination by the Company Without Good Cause. The Company may terminate this Employment Contract at any time may, without Good CauseCause (defined below) and for any reason whatsoever, terminate Employee’s employment, effective at the time designated in a written notice provided to Employee. If In the Company terminates this Employment Contract without Good Causeevent of such termination, Employee shall be entitled to receive the Company shall either give compensation and benefits provided to Employee six (6) months’ advance notice as of the date of such termination or pay to Employee an amount equal to six for a period of twelve (612) months’ of Base Salary, in addition to any earned but unpaid Base Salary accrued through months following the date of termination, such compensation to be payable in accordance with the Company’s standard payroll procedures.

Appears in 1 contract

Samples: Employment Agreement (Financial Gravity Companies, Inc.)

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