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

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments by the Corporation to the Executive and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Section and of the Executive's employment with the Corporation, "cause" shall mean that:

Appears in 4 contracts

Samples: Employment Agreement (Beacon Light Holding Corp/Ct), Employment Agreement (Voice Mobility International Inc), Employment Agreement (Beacon Light Holding Corp/Ct)

AutoNDA by SimpleDocs

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments by the Corporation to the Executive and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Section 10(c) and of the Executive's employment with the Corporation, "cause" shall mean that:

Appears in 4 contracts

Samples: Employment Agreement (Waverider Communications Inc), Employment Agreement (Waverider Communications Inc), Employment Agreement (Waverider Communications Inc)

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments by the Corporation to the Executive and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Sub-Section and of the Executive's employment with the Corporation, "cause" shall mean that:

Appears in 2 contracts

Samples: Employment Agreement (Voice Mobility International Inc), Employment Agreement (Voice Mobility International Inc)

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments by the Corporation to the Executive and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Section 8(c) and of the Executive's employment with the Corporation, "cause" shall mean that:

Appears in 1 contract

Samples: Employment Agreement (Waverider Communications Inc)

AutoNDA by SimpleDocs

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments by the Corporation to the Executive and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Section and of the Executive's employment with the CorporationEmployment Agreement, "cause" shall mean thatthat the Executive:

Appears in 1 contract

Samples: Employment Agreement (Voice Mobility International Inc)

Termination by the Corporation for Cause. In the event of a termination for cause, there will be no continued salary payments or payment whatsoever by the Corporation to the Executive following the termination (save and except for accrued salary, deferred compensation and vacation pay) and any rights and benefits of the Executive under the Executive benefit plans and programs of the Corporation will be determined in accordance with the terms of such plans and programs. For the purposes of this Sub Section 9(c) and of the Executive's employment with the Corporation, "cause" shall mean that:

Appears in 1 contract

Samples: Employment Agreement (Sphere 3D Corp)

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