Common use of Termination by the Executive other than for Good Reason Clause in Contracts

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the Base Salary through the date on which termination becomes effective and any other benefits to which the Executive may be entitled under the Employer’s benefit plans and policies.

Appears in 6 contracts

Samples: Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc)

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Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the Base Salary salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which the Executive he may be entitled under the Employer’s benefit plans and policies.

Appears in 4 contracts

Samples: Employment Agreement (Southern Community Financial Corp), Employment Agreement (Southern Community Financial Corp), Employment Agreement (Southern Community Financial Corp)

Termination by the Executive other than for Good Reason. If the Executive terminates his employment during the Term other than for Good Reason, the Executive shall not be entitled to receive the any payments hereunder other than any unpaid Base Salary through which has accrued for services already performed as of the date on which termination of the Executive's employment becomes effective and any other benefits to which the Executive may be entitled under the Employer’s benefit plans and policieseffective.

Appears in 1 contract

Samples: Executive Employment Agreement (Egghead Com Inc)

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the Base Salary salary to which she is entitled through the date on which his termination becomes effective and any other benefits to which the Executive she may be entitled under the Employer’s benefit plans and policies.

Appears in 1 contract

Samples: Employment Agreement (Southern Community Financial Corp)

Termination by the Executive other than for Good Reason. If the Executive terminates his employment other than for Good Reason, the Executive shall receive the Base Salary salary to which he is entitled through the date on which the termination of employment becomes effective and any other benefits to which the Executive that may be entitled available to him under the Employer’s benefit plans and policiespolicies in effect up to the date of termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Paragon Commercial CORP)

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Termination by the Executive other than for Good Reason. If Executive's employment is terminated by the Executive terminates employment other than for Good Reason, then the Executive shall receive the Base Salary Company shall, through the date on which termination becomes effective and any other benefits Date of Termination, pay Executive the Accrued Benefits. Thereafter, the Company shall have no further obligations to which the Executive may be entitled except as otherwise expressly provided under the Employer’s benefit plans and policiesthis Agreement.

Appears in 1 contract

Samples: Severance Agreement (Circor International Inc)

Termination by the Executive other than for Good Reason. If the Executive terminates employment other than for Good Reason, the Executive shall receive the Base Salary salary to which the Executive is entitled through the date on which termination becomes effective and any other benefits to which the Executive may be entitled under the Employer’s benefit plans and policies.

Appears in 1 contract

Samples: Employment Agreement (Cape Fear Bank CORP)

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