Common use of Termination For Cause or by Executive Without Good Reason Clause in Contracts

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.

Appears in 4 contracts

Samples: Executive Employment Agreement (Kindred Biosciences, Inc.), Executive Employment Agreement (Kindred Biosciences, Inc.), Executive Employment Agreement (Kindred Biosciences, Inc.)

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Termination For Cause or by Executive Without Good Reason. If Executive’s employment hereunder is terminated either (i) by the Company for Cause, Cause or (ii) by Executive without for any reason other than Good Reason, the Company will shall pay to Executive the Accrued Obligations Benefits (with the amounts due to Executive be paid within seven sixty (760) days following the effective Termination Date, or such earlier date of such termination and shall have no further obligations to Executiveas may be required by applicable law).

Appears in 2 contracts

Samples: Employment Agreement (NXT-Id, Inc.), Executive Employment Agreement (Wearable Health Solutions, Inc.)

Termination For Cause or by Executive Without Good Reason. If In the event that during the Employment Term the Executive’s employment hereunder is terminated either by the Company for Cause or by the Executive by resignation without Good Reason, the Company shall pay to the Executive the Accrued Compensation. Executive shall not be entitled to any ungranted shares in Section 3(d) if Executive’s employment is terminated by the Company for Cause, or by the Executive by resignation without Good Reason, the Company will pay the Accrued Obligations to Executive within seven . Such payments shall be made no later than sixty (760) days following after the effective date close of such termination and shall have no further obligations to Executivethe year in which earned.

Appears in 1 contract

Samples: Employment Agreement (MHI Hospitality CORP)

Termination For Cause or by Executive Without Good Reason. If Executive’s employment hereunder is terminated either (i) by the Company for Cause, Cause or (ii) by Executive without for any reason other than Good Reason, the Company will shall pay to Executive the Accrued Obligations Benefits (with the amounts due to Executive be paid on, within seven three (73) days following Business Days of the effective date of such termination and shall have no further obligations to ExecutiveTermination Date).

Appears in 1 contract

Samples: Employment Agreement (NXT-Id, Inc.)

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Termination For Cause or by Executive Without Good Reason. If In the event that during the Employment Term the Executive’s employment hereunder is terminated either by the Company for Cause or by the Executive by resignation without Good Reason, the Company shall pay to the Executive the Accrued Compensation. Executive shall not be entitled to any ungranted shares in Section 3(d) if Executive is terminated by the Company for Cause, or by the Executive by resignation without Good Reason, the Company will pay the Accrued Obligations to Executive within seven . Such payments shall be made no later than sixty (760) days following after the effective date close of such termination and shall have no further obligations to Executivethe year in which earned.

Appears in 1 contract

Samples: Employment Agreement (MHI Hospitality CORP)

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