Common use of Termination for Cause or Voluntary Resignation Clause in Contracts

Termination for Cause or Voluntary Resignation. If the Executive's employment is terminated by the Company for Cause or if the Executive voluntarily resigns from the employ of the Company, other than pursuant to a Constructive Discharge (as described in paragraph (d) of this Section 5), all payments and benefits to which the Executive would otherwise be entitled under this Agreement shall immediately cease, except as otherwise specifically provided above in this Section 5 with respect to his pro rated Base Salary through the date of termination, his annual Incentive Payment, if any, earned for a prior award period and his previously earned employee benefits. For purposes of this Agreement, the term "Cause" shall mean:

Appears in 7 contracts

Samples: Executive Employment Agreement (Datascension Inc), Agreement (Citizens Banking Corp), Restricted Stock Agreement (Datascension Inc)

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Termination for Cause or Voluntary Resignation. If the Executive's employment is terminated by the Company for Cause or if the Executive voluntarily resigns from the employ of the Company, other than pursuant to a Constructive Discharge (as described in paragraph (d) Discharge, or notifies the Company of the non-renewal of this Section 5Agreement in accordance with the provisions of subparagraph 1(a), all payments and benefits to which the Executive would otherwise be entitled under this Agreement shall immediately cease, except as otherwise specifically provided above in Section 4, or in this Section 5 6 with respect to his pro rated prorated Base Salary through the date of termination, his annual Incentive PaymentAnnual Bonus, if any, earned awarded for a prior award period but not yet paid and his previously earned employee benefits. For purposes of this Agreement, the term "Cause" shall mean:

Appears in 4 contracts

Samples: Employment Agreement (Qwest Communications International Inc), Employment Agreement (Qwest Communications International Inc), Employment Agreement (Qwest Capital Funding Inc)

Termination for Cause or Voluntary Resignation. If the Executive's employment is terminated by the Company for Cause or if the Executive voluntarily resigns from the employ of the Company, other than pursuant to a Constructive Discharge (as described in paragraph (d) Discharge, or notifies the Company of the non-renewal of this Agreement in accordance with the provisions of Section 5)1, all payments and benefits to which the Executive would otherwise be entitled under this Agreement shall immediately cease, except as otherwise specifically provided above in Section 4, or in this Section 5 6 with respect to his pro rated prorated Base Salary through the date of termination, his annual Incentive PaymentAnnual Bonus, if any, earned awarded for a prior award period but not yet paid and his previously earned employee benefits. For purposes of this Agreement, the term "Cause" shall mean:

Appears in 2 contracts

Samples: Employment Agreement (Qwest Communications International Inc), Employment Agreement (Qwest Communications International Inc)

Termination for Cause or Voluntary Resignation. If the Executive's employment is terminated by the Company for Cause or if the Executive voluntarily resigns from the employ of the Company, other than pursuant to a Constructive Discharge (as described in paragraph (d) of this Section 5), all payments and benefits to which the Executive would otherwise be entitled under this Agreement shall immediately cease, except as otherwise specifically provided above in this Section 5 with respect to his pro pro-rated Base Salary through the date of termination, his annual Incentive Payment, if any, earned for a prior award period and his previously earned employee benefits. For purposes of this Agreement, the term "Cause" shall mean:

Appears in 1 contract

Samples: Employment Agreement (Citizens Banking Corp)

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Termination for Cause or Voluntary Resignation. If the Executive's employment is terminated by the Company for Cause (other than during the three-year period following a Change of Control) or if the Executive voluntarily resigns from the employ of the Company, other than pursuant to a Constructive Discharge (as described in paragraph (d) of this Section 5)Discharge, all payments and benefits to which the Executive would otherwise be entitled under this Agreement shall immediately cease, except as otherwise specifically provided above in this Section 5 with respect to his pro rated Base Salary through the date of termination, his annual Incentive Payment, if any, earned for a prior award period and his previously earned employee benefits. For purposes of this Agreement, the term "Cause" shall mean:

Appears in 1 contract

Samples: Agreement (Bank One Corp)

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