Common use of UPON TERMINATION BY COMPANY FOR CAUSE OR BY EXECUTIVE WITHOUT GOOD REASON Clause in Contracts

UPON TERMINATION BY COMPANY FOR CAUSE OR BY EXECUTIVE WITHOUT GOOD REASON. If Executive’s employment is terminated by the Company for Cause, or if Executive terminates his employment with the Company prior to the Expiration Date, other than (x) upon Executive’s death or Total Disability or (y) for Good Reason, the Company shall: (a) pay Executive the Accrued Base Salary; (b) pay Executive the Accrued Vacation Payment; (c) reimburse Executive for the Accrued Reimbursable Expenses; (d) provide Executive the Accrued Benefits, together with any benefits required to be paid or provided under applicable law; and (e) pay Executive any Incentive Bonus or other bonus with respect to a prior fiscal quarter which has been earned but has not been paid.

Appears in 2 contracts

Samples: Employment Agreement (Mesa Air Group Inc), Employment Agreement (Mesa Air Group Inc)

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UPON TERMINATION BY COMPANY FOR CAUSE OR BY EXECUTIVE WITHOUT GOOD REASON. If Executive’s employment is terminated by the Company for Cause, or if Executive terminates his employment with the Company prior to the Expiration Date, other than (x) upon Executive’s death or Total Disability or (y) for Good Reason, the Company shall: (a) pay Executive the Accrued Base Salary; (b) pay Executive the Accrued Vacation Payment; (c) reimburse Executive for the Accrued Reimbursable Expenses; (d) provide Executive the Accrued Benefits, together with any benefits required to be paid or provided under applicable law; and; (e) pay Executive any Incentive Bonus or other bonus with respect to a prior fiscal quarter which has been earned but has not been paid.; and

Appears in 1 contract

Samples: Employment Agreement (Mesa Air Group Inc)

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UPON TERMINATION BY COMPANY FOR CAUSE OR BY EXECUTIVE WITHOUT GOOD REASON. If Executive’s employment is terminated by the Company for Cause, or if Executive terminates his employment with the Company prior to the Expiration DateCompany, other than (x) upon Executive’s death or Total Disability or (y) for Good Reason, the Company shall: (a) pay Executive the Accrued Base Salary; (b) pay Executive the Accrued Vacation Payment; (c) reimburse Executive for the Accrued Reimbursable Expenses; (d) provide Executive the Accrued Benefits, together with any benefits required to be paid or provided under applicable law; and; (e) pay Executive (or his estate) any Incentive Bonus annual or other bonus with respect to a prior fiscal quarter which has been earned but has not been paid.; and

Appears in 1 contract

Samples: Employment Agreement (Mesa Air Group Inc)

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