Termination For Cause or by Executive Without Good Reason. In the event that, prior to the expiration of the Term, Corporation terminates Executive’s employment with Corporation for Cause under Section 5.3, or Executive terminates his employment with Corporation for other than Good Reason under Section 5.6, Corporation’s obligations under this Agreement will cease and Executive will be entitled to that portion of his base salary and employment benefits for which he is qualified as of the date of termination and Executive will not be entitled to any other compensation or consideration.
Termination For Cause or by Executive Without Good Reason. In the event that during the Employment Term the Executive’s employment is terminated by the Company for Cause or by the Executive by resignation without Good Reason, the Company shall pay to the Executive the Accrued Compensation.
Termination For Cause or by Executive Without Good Reason. If Executive’s employment hereunder is terminated either by the Company for Cause, or by Executive without Good Reason, the Company will pay the Accrued Obligations to Executive within seven (7) days following the effective date of such termination and shall have no further obligations to Executive.
Termination For Cause or by Executive Without Good Reason. Without limiting Subsection 5.4, in the event Executive’s employment with Fairfax, C&F, Holdings or the Companies is terminated (a) for Cause, or (b) by Executive without Good Reason, Executive shall not be entitled to receive any compensation from Fairfax, C&F, Holdings or the Companies for periods after the Termination Date.
Termination For Cause or by Executive Without Good Reason. In the event Executive’s employment hereunder is terminated (i) by the Company for Cause or (ii) by Executive for any reason other than Good Reason following a Change in Control, as described below, the Company shall have no further obligations to Executive except that accrued but unpaid salary through Executive’s termination date and any expense reimbursements owed Executive through the date of termination. As used in this Agreement, the term “Cause” shall mean (i) the willful and continued failure by Executive to substantially perform Executive’s duties hereunder (other than any such willful or continued failure resulting from Executive’s incapacity due to physical or mental illness or physical injury), (ii) repeated substandard work performance or repeated unreliability that has not been cured to the Company’s satisfaction after notice of the same as has been provided to Executive; (iii) serious workplace misconduct, (iv) Executive’s engagement in misconduct that Executive knows or should know is injurious to any of the Key Companies, monetarily or otherwise, including injurious to the reputation of such Company (v) Executive’s conviction of a felony by a court of competent jurisdiction, (vi) fraud or other material dishonesty against any of the Key Companies, (vii) the breach of any of the provisions hereof, or (viii) the violation by Executive of any of the Key Companies’ policies, rules or regulations from time to time in effect, including without limitation, the Code of Business Conduct, securities trading policy or anti-trust policy.
Termination For Cause or by Executive Without Good Reason. Following Executive’s termination for Cause or a termination by Executive without Good Reason upon thirty (30) days’ written notice, the Bank shall pay Executive a lump sum payment of any Accrued Obligations within thirty (30) days following the date of Executive’s termination of employment (or, if later, following presentation of supporting documentation for unreimbursed expenses in accordance with Section 4(d)). Executive shall have no right to any other compensation or benefits (except for vested benefits under any employee benefit plan in accordance with the terms of the plan and any right to continued health coverage the federal Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, if applicable, or similar state law (“COBRA”)) for any period after a termination for Cause or a termination by Executive without Good Reason upon thirty (30) days’ written notice, and all outstanding unvested equity and shares/units associated with outstanding performance cycles and all unvested options or other equity awards will be cancelled.
Termination For Cause or by Executive Without Good Reason. The employment of the Executive may be terminated by the Company at any time for Cause or by Executive without Good Reason. If, during the Term, the employment of the Executive is terminated by the Company for Cause or by Executive without Good Reason, the Executive shall receive, within 30 days of such termination, base salary provided for in Section 4 as then in effect, accrued through the date of termination. Upon such termination, all other benefits under this Agreement (except indemnification under Section 21) shall lapse, expire and be forfeited; provided that Executive shall also be paid any bonus pursuant to Section 5 earned with respect to any previously completed Fiscal Year which remains unpaid as of such date of termination and any amounts to which Executive may be entitled pursuant to the plans, policies and practices of the Company then in effect.
Termination For Cause or by Executive Without Good Reason. Except for Base Salary through the day on which Executive’s employment was terminated and any accrued benefits which may be owing in accordance with the Company’s policies or applicable law, Executive shall not be entitled to receive severance or any other compensation, bonus or benefits after the last date of employment with the Company upon the termination of Executive’s employment hereunder by the Company for Cause pursuant to Section 7(c) or upon Executive’s termination of employment hereunder pursuant to Section 7(e), without Good Reason.
Termination For Cause or by Executive Without Good Reason. Following Executive’s termination for Cause or a termination by Executive without Good Reason upon thirty (30) days’ written notice, the Employer shall pay Executive any accrued but unpaid compensation described in Section 4 as set forth therein. Executive shall have no right to any other compensation or benefits (except for vested benefits under any employee benefit plan in accordance with the terms of the plan and any right to continued health coverage under Section 4980B of the Code (“COBRA”) or similar state law) for any period after a termination for Cause or a termination by Executive without Good Reason upon thirty (30) days’ written notice, and all outstanding unvested equity and shares/units associated with outstanding performance cycles and all unvested options or other equity awards will be cancelled.
Termination For Cause or by Executive Without Good Reason. Except for Base Salary through the day on which Executive’s employment was terminated, any unused Frozen Vacation Day pay and any accrued and unpaid vacation pay (other than the Frozen Vacation Day pay) or any other vested benefits which may be owing in accordance with the Company’s policies or applicable law, Executive shall not be entitled to receive severance after the last date of employment with the Company upon the termination of Executive’s employment hereunder by the Company for Cause pursuant to Section 4.3, or upon Executive’s termination of his employment hereunder pursuant to Section 4.5.
