Common use of Voluntary Resignation Other than for Good Reason; Termination for Cause; Non-Renewal of Employment Agreement Clause in Contracts

Voluntary Resignation Other than for Good Reason; Termination for Cause; Non-Renewal of Employment Agreement. If Employee's employment hereunder is terminated before the expiration of the Term because of Employee's voluntary resignation (other than a Resignation for Good Reason) or because of the Company's termination of Employee's employment for Cause, or if Employee's employment is terminated at the expiration of the Term following an election by either the Company or Employee not to renew the Term pursuant to Section 3, the Company, or at its direction, its Subsidiaries shall pay to Employee or, as appropriate, his legal representatives, heirs or estate all amounts payable under Sections 4 and 8 accrued through the applicable date of termination (the "Accrued Amount") within 30 days after such date of termination. If Employee's employment is terminated by the Company for Cause or by the Employee voluntarily (unless such termination of employment is a Resignation for Good Reason), or if Employee's employment is terminated at the expiration of the Term following an election by either the Company or Employee not to renew the Term pursuant to Section 3, the Company shall have no obligation or liability hereunder after the date of discharge or termination to pay or provide base salary, bonus compensation, fringe benefits, or any other form of compensation hereunder other than to pay the Accrued Amount.

Appears in 8 contracts

Samples: Employment Agreement (Brandywine Realty Trust), Employment Agreement (Brandywine Realty Trust), Employment Agreement (Brandywine Realty Trust)

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