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

Termination by the Corporation for Cause. The Corporation may, at any time, immediately terminate the Executive’s employment for Cause, by giving written notice setting forth the nature of the Cause. If the Executive’s employment is terminated by the Corporation for Cause, the Corporation shall pay to the Executive the amount of unpaid Annual Salary to and including the Date of Termination, any declared but unpaid Bonus, plus all outstanding expense reimbursements (in each case less applicable withholdings and deductions).

Appears in 6 contracts

Samples: Executive Employment Agreement (Transatlantic Petroleum Corp.), Executive Employment Agreement (Transatlantic Petroleum Corp.), Executive Employment Agreement (Transatlantic Petroleum Corp.)

AutoNDA by SimpleDocs

Termination by the Corporation for Cause. (a) The Corporation may, at any time, may immediately terminate the Executive’s employment of the Executive at any time for Cause, Cause by giving written notice setting forth to the nature Executive. (b) If the Corporation terminates the employment of the Cause. If the Executive’s employment is terminated by the Corporation Executive for CauseCause under this Section 10.2, the Corporation Group shall pay not be obligated to make any further payments under this Agreement, except for the Executive the amount of unpaid Annual Salary to and including the Date of Termination, any declared but unpaid Bonus, plus all outstanding expense reimbursements (in each case less applicable withholdings and deductions)Basic Payments.

Appears in 3 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (DAVIDsTEA Inc.), Executive Employment Agreement (DAVIDsTEA Inc.)

Termination by the Corporation for Cause. (a) The Corporation may, at any time, may immediately terminate the Executive’s employment of the Executive at any time for Cause, Cause by giving written notice setting forth to the nature Executive. (b) If the Corporation terminates the employment of the Cause. If the Executive’s employment is terminated by the Corporation Executive for CauseCause under this Section 10.2, the Corporation shall pay not be obligated to make any further payments under this Agreement, except for the Executive Basic Payments up until the amount of unpaid Annual Salary to and including the Date of Termination, any declared but unpaid Bonus, plus all outstanding expense reimbursements (in each case less applicable withholdings and deductions)Termination Date.

Appears in 2 contracts

Samples: Executive Employment Agreement (DAVIDsTEA Inc.), Executive Employment Agreement (DAVIDsTEA Inc.)

Termination by the Corporation for Cause. The Corporation may, at any time, immediately may terminate this Agreement and the Executive’s employment hereunder at any time for Cause, Cause (based on acts or omissions by giving written notice setting forth the nature of the Cause. If the Executive’s employment is terminated by ). In the Corporation for Causeevent of such a termination, the Corporation shall pay to the Executive a lump-sum payment, to the amount of extent accrued and unpaid Annual Salary up to and including including, but in no case after, the Date date of Terminationtermination of the Executive’s employment (the “Termination Date”) of the Executive’s Base Salary (the “Accrued Base Salary”), any declared but unpaid Bonuspayable within fourteen (14) days after the Termination Date. For the purposes of this Agreement, plus all outstanding expense reimbursements (in each case less applicable withholdings and deductions).“Cause” means the Executive’s:

Appears in 2 contracts

Samples: Employment Agreement (Intrawest Resorts Holdings, Inc.), Employment Agreement (Intrawest Resorts Holdings, Inc.)

AutoNDA by SimpleDocs

Termination by the Corporation for Cause. The Corporation may, at any time, immediately may terminate this Agreement and the Executive’s employment hereunder at any time for Cause, Cause (based on acts or omissions by giving written notice setting forth the nature of the Cause. If the Executive’s employment is terminated by ). In the Corporation for Causeevent of such a termination, the Corporation shall pay to the Executive a lump-sum payment, to the amount of extent accrued and unpaid Annual Salary up to and including including, but in no case after, the Date date of Terminationtermination of the Executive’s employment (the “Termination Date”), any declared but unpaid Bonusof the Executive’s Base Salary (the “Accrued Base Salary”), plus all outstanding expense reimbursements payable within fourteen (in each case less applicable withholdings and deductions).14) days after the Termination Date. For the purposes of this Agreement, “Cause” means the Executive’s:

Appears in 1 contract

Samples: Employment Agreement (Intrawest Resorts Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!