Common use of Termination of Employment by Company Without Cause Clause in Contracts

Termination of Employment by Company Without Cause. The Company may terminate this Agreement and Employee’s employment without cause and for any reason that it deems sufficient in its sole discretion, at any time during the Employment Term, by providing at least sixty (60) days’ prior written notice (the “Notice Period”), or salary payment in lieu of such prior notice, or any combination of prior notice and salary payment that equals sixty (60) days. In the event of the termination of this Agreement and Employee’s employment by the Company pursuant to this Section 4.1(b), Employee will be entitled to the following:

Termination of Employment by Company Without Cause. The Company may terminate this Agreement and Employee’s employment without cause and for any reason that it deems sufficient in its sole discretion, at any time during the Employment Term, by providing at least sixty (60) days’ prior written notice (the “Notice Period”), or salary payment in lieu of such prior notice, or any combination of prior notice and salary payment that equals sixty (60) days. In addition, in the event of the termination of this Agreement and Employee’s employment by the Company Company, pursuant to this Section 4.1(b)Article, Employee will be entitled to the following: