Common use of Termination Without Good Cause Clause in Contracts

Termination Without Good Cause. During the Employment Term, the Company may terminate the Executive's employment at any time without Good Cause upon the Company's payment to the Executive for the 30 days' written notice period to the Executive or 30 days' pay in lieu of such notice. Termination is effective 30 days after the date the written notice of termination is provided to the Executive. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Company.

Appears in 7 contracts

Samples: Employment Agreement (Eplus Inc), Employment Agreement (Eplus Inc), Employment Agreement (Eplus Inc)

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Termination Without Good Cause. During the Employment Term, the Company may terminate the Executive's ’s employment at any time without Good Cause upon the Company's ’s payment to the Executive for the 30 days' written notice period to the Executive or 30 days' pay in lieu of such notice. Termination is effective 30 days after the date the written notice of termination is provided to the Executive. The Company may, in its sole discretion, place the Executive on paid administrative leave as of any date prior to the end of the 30-day notice period and require that the Executive no longer be present on Company premises. During any period of paid administrative leave, the Executive is not authorized to act or speak as a representative of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Eplus Inc), Employment Agreement (Eplus Inc)

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