Common use of Termination by the Employer for Cause or by the Executive without Good Reason Clause in Contracts

Termination by the Employer for Cause or by the Executive without Good Reason. If the Employer terminates this Agreement for cause, or if the Executive terminates this Agreement for any reason other than for good reason, Executive's disability, as determined under Section 6.2, or the Executive's death, the Executive shall be entitled to receive his Salary only through the date such termination is effective but shall not be entitled to any Incentive Compensation for the Fiscal Year during which such termination occurs or any subsequent Fiscal Year or any other benefits.

Appears in 4 contracts

Samples: Executive Employment Agreement (WCI Steel, Inc.), Executive Employment Agreement (WCI Steel, Inc.), Executive Employment Agreement (WCI Steel, Inc.)

AutoNDA by SimpleDocs

Termination by the Employer for Cause or by the Executive without Good Reason. If the Employer terminates this Agreement for cause, or if the Executive terminates this Agreement for any reason other than for good reason, Executive's disability, as determined under Section 6.2, or the Executive's death, the Executive shall be entitled to receive his her Salary only through the date such termination is effective but shall not be entitled to any Incentive Compensation for the Fiscal Year during which such termination occurs or any subsequent Fiscal Year or any other benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (WCI Steel, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.