Termination of Employment of the Executive Sample Clauses

Termination of Employment of the Executive. Notwithstanding any other provision of this Agreement, the provisions of this Section 7 shall exclusively govern the Executive's rights under this Agreement upon a termination of the Executive's employment with the Company and its affiliates. Notwithstanding the foregoing, the Executive shall be entitled to receive such expense reimbursement and benefits accrued under any plan, policy or program of the Company in accordance with the terms of such plan, policy or program, including, without limitation, reimbursement for reasonable business expenses incurred. During the Term of Employment, this Agreement and the Executive's employment hereunder may be terminated as follows under subparagraph (a) through (h)
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Termination of Employment of the Executive. This Agreement and the Executive's employment with CompDent and its subsidiaries may be terminated as follows: (a) At any time by the mutual consent of the Executive and CompDent. (b) At any time for "cause" by CompDent upon written notice to the Executive. For purposes of this agreement, a termination shall be for "cause" if: (i) the Executive shall commit an act of fraud, embezzlement, misappropriation or breach of fiduciary duty against CompDent or any of its subsidiaries or
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Termination of Employment of the Executive. During the Term of Employment, this Agreement may be terminated as follows: (a) At any time by the mutual consent of the Executive and the Company. Upon termination of this Agreement pursuant to this Section 7(a), all obligations of the Company under this Agreement shall immediately terminate, other than those obligations with respect to earned but unpaid salary. (b) At any time for cause by the Company, upon delivery of written notice to the Executive. For purposes of this Agreement, a termination shall be for cause if the Board of Directors of the Company reasonable determines that: (i) the Executive has committed an act of fraud, embezzlement, misappropriation or breach of fiduciary duty against the Company or has been convicted by a court of competent jurisdiction or has plead guilty or nolo contendere to any felony; or, (ii) the Executive has committed a material breach of any of the covenants, terms or provisions of Sections 8, 9, or 11 of this Agreement; or, (iii) the Executive has substantially failed to perform his duties under this Agreement, including by committing a material breach of any of the covenants, terms or provisions of this Agreement (other than Sections 8, 9 or 11), which failure or breach has not been remedied within a reasonable time specified by the Company that is not less than thirty (30) days after delivery of written notice of that failure or breach to the Executive by the Company; or, (iv) the Executive has breached his obligations contained in Section 12 of this Agreement. Upon termination for cause as provided in this Section 7(b): (i) all obligations of the Company under this Agreement shall immediately terminate, other than those obligations with respect to earned but unpaid salary; and, (ii) the Company shall have any and all rights and remedies under this Agreement and applicable law. (c) Upon the Executive's death or permanent disability (as defined below) continuing for a period of one hundred eighty (180) days. For the purposes of this Agreement, "permanent disability" or "permanently disabled" is defined as the inability of the Executive, by reason of injury, illness or similar cause, to perform a major part of the duties and responsibilities which the Executive had been performing pursuant to this Agreement prior to the date of disability in connection with the conduct of the business and affairs of the Company. Upon termination in the event of the Executive's death or permanent disability as provided in this Secti...
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Termination of Employment of the Executive. This Agreement and the Executive's employment with American Prepaid and/or its subsidiaries may be terminated as follows: (a) At any time by the mutual consent of the Executive and American Prepaid. (b) At any time for "cause" by American Prepaid upon written notice to the Executive. For purposes of this agreement, a termination shall be for "cause" if:
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Related to Termination of Employment of the Executive

  • TYPES OF EMPLOYMENT AND TERMINATION OF EMPLOYMENT 15 General 16 Employees on Daily Hire 17 Casual Employees 18 Employer and Employee Duties 19 Apprentices 20 Sham Contracting 21 Termination of Employment 22 Redundancy 23 Payment of Wages and Time Records 24 Superannuation 25 Insurance 26 Insurance – Minimum Cover / Minimum Benefits 27 Insurance – Employer Liability 28 Accident Makeup Pay 29 Compensation of Tools of Trade and Clothes 30 Application of Site Agreements / Inductions and off the job training / Local Labour – Visa Requirements 31 Hours of Work 32 Presenting for Work but Not Required 33 Overtime 34 Call Back

  • Termination of Employment Period The Agreement Term shall terminate upon the occurrence of any of the following:

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Termination of Employment Agreement As of the Effective Date, the Employment Agreement hereby is terminated in its entirety and shall no longer have any force or effect.

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. Except as set forth below in this Section 4(c)(i), if the Optionee's employment with the Corporation shall terminate for any reason, (a) the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option) and (b) the Option, to the extent not then vested, shall immediately expire upon such termination. Notwithstanding the foregoing, (a) if the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment, (b) if the Optionee's employment terminates by reason of Retirement, the termination of the Optionee's employment by the Company other than for Cause, or the termination of the Optionee's employment by the Optionee for Good Reason (as defined in the last Section hereof), the Option shall remain exercisable for three years from the date of such termination of employment (but not beyond the Term of the Option) and (c) if the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment (other than a termination described in clause (a) or (b) of this sentence), the Option may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option). (ii) If the Optionee's employment terminates by reason of death, Disability, Retirement, the termination of the Optionee's employment by the Company other than for Cause, or the termination of the Optionee's employment by the Optionee for Good Reason, the Option shall become fully and immediately vested and exercisable. In the event of a Change in Control (as defined in the last Section hereof), the Option shall immediately become fully vested and exercisable.

  • Employment Termination 12.1 Subject to the terms and conditions of the National Building and Construction Industry Award 2000, it is agreed that it is the company’s prerogative to determine the order of selection of employees for employment or retrenchment subject always to the following: a) All relevant legislation governing unfair dismissal, discrimination, etc. will be observed; b) Voluntary terminations will be encouraged as a first step; c) The seniority of employees – within classifications, experience or skills held – will be considered by the company in selecting employees for retrenchment; d) The Grievance Procedures set out in Clause 9 of this Agreement will apply in the event of any concerns arising regarding retrenchments.

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

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