Common use of Termination Without Cause by Company Clause in Contracts

Termination Without Cause by Company. The Company may terminate Executive’s employment under this Agreement without Cause at any time upon written notice to Executive. In the event of such termination, Executive will receive Executive’s Base Salary then in effect, prorated to the Termination Date, and all amounts and benefits earned or incurred pursuant to Sections 5 and 6 through the Termination Date. In addition, subject to Sections 7.7 and 7.9, Executive will be entitled to receive a “Severance Package” that shall consist of:

Appears in 6 contracts

Samples: Executive Employment Agreement (Grand Canyon Education, Inc.), Executive Employment Agreement (Grand Canyon Education, Inc.), Executive Employment Agreement (Grand Canyon Education, Inc.)

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Termination Without Cause by Company. The Company may may, for any reason, terminate the Executive’s employment under this Agreement without Cause hereunder at any time upon written notice to Executivetime. In If the event of such termination, Executive will receive Executive’s Base Salary then in effectemployment is terminated pursuant to this Section 7(d) the Executive shall be entitled to, prorated to as severance, the Termination Date, and all following amounts and benefits earned or incurred pursuant to Sections 5 and 6 through the Termination Date. In addition, subject to Sections 7.7 and 7.9, Executive will be entitled to receive a “Severance Package” that shall consist ofother benefits:

Appears in 3 contracts

Samples: Employment Agreement (News Corp), Employment Agreement (News Corp), Employment Agreement (News Corp)

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Termination Without Cause by Company. The Company may terminate ------------------------------------- Executive’s 's employment under this Agreement without Cause cause at any time upon on thirty (30) days' advance written notice to Executive. In the event of such termination, Company will pay Executive will receive Executive’s the remainder of his Base Salary then in effecteffect for the balance of either the Initial Term or any subsequent one-year term, prorated to depending on when the Termination Date, and all amounts and benefits earned or incurred pursuant to Sections 5 and 6 through the Termination Datetermination occurs. In addition, subject to Sections 7.7 and 7.9, Executive will be entitled to also receive a “Severance "Separation Package” that shall consist of:" described in paragraph 7.2(a) below, provided Executive complies with the conditions set forth in 7.2(b) below.

Appears in 1 contract

Samples: Executive Employment Agreement (Loraca International Inc)

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