Common use of Termination for Cause or Not for Good Reason Clause in Contracts

Termination for Cause or Not for Good Reason. If the Termination of Employment (i) is the result of a dismissal by the Company (but is not the result of Officer's Disability) and constitutes a Termination for Cause or (ii) is the result of a voluntary action by Officer (but is not the result of Officer's Normal Retirement) and does not constitute a Termination for Good Reason, the Company shall pay the following amounts to Officer:

Appears in 7 contracts

Samples: Resources Company Severance Agreement (Pioneer Natural Resources Co), Resources Company Severance Agreement (Pioneer Natural Resources Co), Severance Agreement (Pioneer Natural Resources Co)

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Termination for Cause or Not for Good Reason. If the Termination of Employment (i) is the result of a dismissal or other action by the Company (but is not the result of Officer's Disability) and constitutes a Termination Terminaation for Cause or (ii) is the result of a voluntary action by Officer (but is not the result of Officer's Normal Retirement) and does not constitute a Termination for Good Reason, the Company shall pay the following amounts to Officer:

Appears in 1 contract

Samples: Resources Company Severance Agreement (Pioneer Natural Resources Co)

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Termination for Cause or Not for Good Reason. If the Termination of Employment (i) is the result of a dismissal or other action by the Company (but is not the result of Officer's Disability) and constitutes a Termination for Cause or (ii) is the result of a voluntary action by Officer (but is not the result of Officer's Normal Retirement) and does not constitute a Termination for Good Reason, the Company shall pay the following amounts to Officer:

Appears in 1 contract

Samples: Resources Company Severance Agreement (Pioneer Natural Resources Co)

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