Common use of Termination for Cause or by the Executive Clause in Contracts

Termination for Cause or by the Executive. If the Executive’s employment is terminated either (i) by the Company for Cause or (ii) by the Executive, the Company shall pay the Executive his full Base Salary and accrued vacation through the last day worked, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 11 contracts

Samples: Severance Agreement (Weyerhaeuser Co), Severance Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co)

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Termination for Cause or by the Executive. If the Executive’s employment is terminated either (i) by the Company for Cause or (ii) by the Executive, the Company shall pay the Executive his full Base Salary and accrued vacation through the last day worked, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and the Company shall have no further obligations to the Executive under this Agreement.. Severance Tier I US

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

Termination for Cause or by the Executive. If the Executive’s employment is terminated either (i) by the Company for Cause or (ii) by the Executive, the Company shall pay the Executive his full Base Salary and accrued vacation through the last day worked, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and the Company shall have no further obligations to the Executive under this Agreement.. - 4 - Severance Tier I US

Appears in 1 contract

Samples: Executive Severance Agreement

Termination for Cause or by the Executive. If the Executive’s employment is terminated either either: (i) by the Company for Cause Cause; or (ii) by the Executive, the Company shall pay the Executive his full Base Salary and accrued vacation through the last day worked, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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Termination for Cause or by the Executive. If the Executive’s 's employment is terminated either (i) by the Company for Cause or (ii) by the Executive, the Company shall pay the Executive his full Base Salary and accrued vacation through the last day worked, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due, and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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