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.
Appears in 8 contracts
Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)
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.
Appears in 3 contracts
Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)
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 only the Accrued Compensation.
Appears in 2 contracts
Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (MHI Hospitality CORP)
Termination For Cause or by Executive Without Good Reason. In the event that of a termination of Executive's employment with Holding and the Company during the Employment Term the Executive’s employment is terminated Period as a result of a termination by the Company for Cause or a termination by the Executive by resignation without Good Reason, the Company shall pay Executive his full Base Salary through the Date of Termination and Executive shall not be entitled to the Executive the Accrued Compensationpayment of, or to be provided, any severance or termination compensation or benefits.
Appears in 1 contract