Common use of Voluntary Termination and Termination for Cause Clause in Contracts

Voluntary Termination and Termination for Cause. In the event of (i) a termination of the Employee’s employment by the Employee (other than by reason of the death or Disability of the Employee) or (ii) a termination of the Employee’s employment by the Company for Cause, the Company shall provide to the Employee: (a) the Employee’s Base Salary which the Employee earned up until the date of his termination, subject to applicable withholdings; and (b) all of the Employee’s accrued but unpaid vacation, sick and personal days to the extent that the Company’s policy provides for payment of such accrued but unpaid amounts.

Appears in 2 contracts

Samples: Non Disclosure, Non Competition, Non Hiring, Non Solicitation and Severance Agreement (CIFC Corp.), Non Disclosure, Non Competition, Non Hiring, Non Solicitation and Severance Agreement (CIFC Deerfield Corp.)

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Voluntary Termination and Termination for Cause. In the event of (i) a termination of the Employee’s employment Service by the Employee (other than by reason of the death or Disability of the Employee) or (ii) a termination of the Employee’s employment Service by the Company for Cause, the Company shall provide to the Employee: (a) the Employee’s Base Salary which the Employee earned up until the date of his termination, subject to applicable withholdings; and (b) all of the Employee’s accrued but unpaid vacation, sick and personal days to the extent that the Company’s policy provides for payment of such accrued but unpaid amounts.

Appears in 2 contracts

Samples: Non Disclosure, Non Competition, Non Hiring, Non Solicitation and Severance Agreement (CIFC Corp.), Non Disclosure, Non Competition, Non Hiring, Non Solicitation and Severance Agreement (CIFC Corp.)

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Voluntary Termination and Termination for Cause. In the event of (iof(i) a termination of the Employee’s employment by the Employee (other than by reason of the death or Disability of the Employee) or (ii) a termination of the Employee’s employment by the Company for Cause, the Company shall provide to the Employee: (a) the Employee’s Base Salary which the Employee earned up until the date of his termination, subject to applicable withholdings; and (b) all of the Employee’s accrued but unpaid vacation, sick and personal days to the extent that the Company’s policy provides for payment of such accrued but unpaid amounts.

Appears in 1 contract

Samples: Non Disclosure, Non Competition, Non Hiring, Non Solicitation and Severance Agreement (CIFC Corp.)

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