Common use of Termination for Clause in Contracts

Termination for. CAUSE". In the event of termination of employment during the employment term for Cause, Employee shall be entitled to receive his salary then in effect and benefits due or to become due to him up to the date of termination of employment, and, in the case of benefits, as may be mandated by law following termination of employment, but Employee shall not be entitled to any other or further salary or other compensation, bonuses (whether or not pro rated) or other benefits.

Appears in 3 contracts

Samples: Joseph McGuire Employment Agreement (Tweeter Home Entertainment Group Inc), Jeffrey Stone Employment Agreement (Tweeter Home Entertainment Group Inc), Employment Agreement (Tweeter Home Entertainment Group Inc)

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Termination for. CAUSECause". In the event of termination of employment during the employment term for Cause, Employee shall be entitled to receive his salary then in effect and benefits due or to become due to him up to the date of termination of employment, and, in the case of benefits, as may be mandated by law following termination of employment, but Employee shall not be entitled to any other or further salary or other compensation, bonuses (whether or not pro rated) or other benefits.

Appears in 1 contract

Samples: Employment Agreement (Tweeter Home Entertainment Group Inc)

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