Common use of Upon Termination for Cause; or by the Executive on fewer than 90 days notice Clause in Contracts

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s employment.

Appears in 6 contracts

Samples: Employment Agreement (Uil Holdings Corp), Employment Agreement (Uil Holdings Corp), Employment Agreement (Uil Holdings Corp)

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Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), ) and 4(f) hereof, and (iii) any benefits or amounts payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under or any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s employment.

Appears in 2 contracts

Samples: Employment Agreement (Uil Holdings Corp), Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s 's employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s 's Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), ) and 4(f) hereof, and (iii) any benefits or amounts payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any SERP benefit under Section 4(g) or any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s 's employment.

Appears in 2 contracts

Samples: Employment Agreement (Uil Holdings Corp), Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s 's employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s 's Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s 's employment.

Appears in 2 contracts

Samples: Employment Agreement (Avangrid, Inc.), Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s 's employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s 's Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), ) and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s 's employment.

Appears in 1 contract

Samples: Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), ) and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s employment.

Appears in 1 contract

Samples: Employment Agreement (Uil Holdings Corp)

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Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any SERP benefit under Section 4(g) or any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s employment.

Appears in 1 contract

Samples: Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s 's employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s 's Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), ) and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any SERP benefit under Section 4(g) or any supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s 's employment.

Appears in 1 contract

Samples: Employment Agreement (Uil Holdings Corp)

Upon Termination for Cause; or by the Executive on fewer than 90 days notice. If the Company terminates the Executive’s employment for Cause, or the Executive terminates employment hereunder in the absence of a Breach by the Company and upon fewer than ninety (90) days prior written notice, the Company shall pay to the Executive: (i) the Executive’s Base Salary earned, but unpaid, as of the Date of Termination; plus (ii) any amounts payable pursuant to Sections (4)(d), (4)(e), and 4(f) hereof, and (iii) any benefits payable under any elective non-qualified deferred compensation plan in which the Executive had been a participant, other than any benefit under the UI SERP or any other supplemental executive retirement plan of the Company or an Affiliate, whereupon the Company shall have no further obligation to the Executive under this Agreement or on account of, or arising out of, the termination of the Executive’s 's employment.

Appears in 1 contract

Samples: Employment Agreement (Avangrid, Inc.)

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