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: (i) the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacation; (ii) reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 5, payable in accordance with the Company’s normal reimbursement practices; and (iii) the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) the a. The unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) reimbursement b. Reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 54, payable in accordance with the Company’s normal reimbursement practices; and (iii) the c. The right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) a. the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) b. reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) c. the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) a. the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) b. reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) c. the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s costCOBRA or Executive subsidized, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) a. the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4.A for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) b. reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56.A, payable in accordance with the Company’s normal reimbursement practices; and (iii) c. the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan. Except as otherwise provided in this Agreement, no portion of the Performance Bonus shall be paid with respect to the Fiscal Half in which Executive’s employment is terminated during the Employment Period.

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: (i) the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacation; (ii) reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacation; (ii) reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) the a. The unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) reimbursement b. Reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 54, payable in accordance with the Company’s normal reimbursement practices; and (iii) the c. The right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s cost, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.

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: (i) a. the unpaid Base Salary and Bonuses earned by Executive pursuant to Section 3 4 for services rendered through the date of termination, payable in accordance with the Company’s normal payroll practices for terminated salaried employees plus all of Executive’s accrued paid time off or vacationemployees; (ii) b. reimbursement of all expenses for which Executive is entitled to be reimbursed pursuant to Section 56, payable in accordance with the Company’s normal reimbursement practices; and (iii) c. the right to continue health care benefits under the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended, at Executive’s costCOBRA or Executive subsidized, to the extent required and available by law and subject to the Company continuing to maintain a group health plan.