Common use of Termination by the Corporation for Cause Clause in Contracts

Termination by the Corporation for Cause. (1) Nothing herein shall prevent the Corporation from terminating Executive for Cause, as hereinafter defined. The Executive shall continue to receive compensation only for the period ending with the date of such termination as provided in this Section 6c. Any rights and benefits the Executive may have in respect of any other compensation shall be determined in accordance with the terms of such other compensation arrangements or such plans or programs.

Appears in 14 contracts

Samples: Executive Employment Agreement (cbdMD, Inc.), Executive Employment Agreement (cbdMD, Inc.), Executive Employment Agreement (Level Brands, Inc.)

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Termination by the Corporation for Cause. (1) Nothing herein shall prevent the Corporation from terminating Executive for Cause, as hereinafter defined. The Executive shall continue to receive compensation only for the period ending with the date of such termination as provided in this Section 6c6(c). Any rights and benefits the Executive may have in respect of any other compensation shall be determined in accordance with the terms of such other compensation arrangements or such plans or programs.

Appears in 3 contracts

Samples: Executive Employment Agreement (Fourth Wave Energy, Inc.), Executive Employment Agreement (Bright Mountain Media, Inc.), Executive Employment Agreement (Bright Mountain Media, Inc.)

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