Common use of Termination for Cause; Resignation Without Good Reason Clause in Contracts

Termination for Cause; Resignation Without Good Reason. The Company may at any time during the Employment Period, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will be effective immediately upon such notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reason), Executive shall be solely entitled to receive:

Termination for Cause; Resignation Without Good Reason. The Company may at any time during terminate the Employment Period, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination Executive immediately for Cause. Such termination will be effective immediately In addition, the Executive may voluntarily terminate his employment for any reason upon such 30 days’ prior written notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reason)In either such event, after the effective date of such termination no payments shall be due under this Agreement, except that the Executive shall be solely entitled to receive:any amounts earned, accrued and owing but not yet paid under Section 2 above and any benefits accrued and due under any applicable benefit plans and programs of the Company, payable in accordance with the terms and conditions thereof.

Termination for Cause; Resignation Without Good Reason. The Executive's employment may be terminated by the Company may for Cause at any time during the Employment Period, upon written notice summarizing with reasonable specificity from the basis for Company to Executive. The Company's notice must set forth the facts or circumstances constituting Cause and specify the Termination for Cause, terminate Date. Executive may resign without the existence of Good Reason at any time upon not less than ninety (90) days written notice to the Company. Executive’s employment hereunder for any act qualifying as a 's notice must specify the Termination for Cause. Such termination will be effective immediately upon such noticeDate. Upon the occurrence of either such event, the Company shall only be obligated to pay Executive any Termination for Cause (or employee’s resignation other than for Good Reason), Executive shall be solely entitled to receive:amounts due under Section 4(f) below.

Termination for Cause; Resignation Without Good Reason. The Company may at During the Initial Employment Period or any time during the subsequent Renewal Employment Period, upon written notice summarizing with reasonable specificity the basis for Company may terminate the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will be effective immediately upon such notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reasonas hereinafter defined), and the Executive may resign his employment with the Company without Good Reason (as hereinafter defined), in either of which event the Executive shall be solely entitled to receive:the Accrued Amounts. The Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment.

Termination for Cause; Resignation Without Good Reason. The Company may at any time during terminate the Employment Period, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination Executive immediately for Cause. Such termination will be effective immediately In addition, the Executive may voluntarily terminate his employment for any reason upon such 30 days' prior written notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reason)In either such event, after the effective date of such termination no payments shall be due under this Agreement, except that the Executive shall be solely entitled to receive:any amounts earned, accrued and owing but not yet paid under Section 2 above and any benefits accrued and due under any applicable benefit plans and programs of the Company, payable in accordance with the terms and conditions thereof.

Termination for Cause; Resignation Without Good Reason. The Company may at any time during the Employment PeriodTerm, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will be effective immediately upon such notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reason), Executive shall be solely entitled to receive:

Termination for Cause; Resignation Without Good Reason. The Company may at any time during the Employment Period, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will be effective immediately upon such notice. Upon any Termination for Cause (or employeeExecutive’s resignation other than for Good Reason), Executive shall be solely entitled to receive:

Termination for Cause; Resignation Without Good Reason. The Company may at any time during If the Employment Period, upon written notice summarizing with reasonable specificity the basis for the Termination for Cause, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will shall be effective immediately upon such notice. Upon any Termination terminated by the Company for Cause (or employee’s resignation other than for by the Executive without Good Reason), the Company shall pay the Executive his Base Salary through the Date of Termination in accordance with the Company’s standard payroll practices, at the rate in effect at the time Notice of Termination is given, and all expenses and accrued Benefits arising prior to such termination which are payable to the Executive pursuant to this Agreement through the Date of Termination and the Company shall be solely entitled have no further obligation with respect to receive:this Agreement.

Termination for Cause; Resignation Without Good Reason. The Company may at any time during the Employment Period, upon written after providing notice summarizing with reasonable specificity as set forth in the basis for the definition of “Termination for Cause”, terminate Executive’s employment hereunder for any act qualifying as a Termination for Cause. Such termination will be effective immediately upon such notice. Upon any Termination for Cause (or employee’s resignation other than for Good Reason), Executive shall be solely entitled to receive: