Common use of Voluntary Termination by Employee or Termination for Cause Clause in Contracts

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 8 contracts

Samples: Employment Agreement (Afc Enterprises Inc), Employment Agreement (Afc Enterprises Inc), Employment Agreement (Afc Enterprises Inc)

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Voluntary Termination by Employee or Termination for Cause. Employee may terminate his her employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he she is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's ’s employment hereunder at any time without notice for Cause. In the event Employee's ’s employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7hereunder, prorated, through the date of termination for the year date in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his her employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's ’s employment hereunder at any time without notice for Cause. In the event Employee's ’s employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he she is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's ’s employment hereunder at any time without notice for Cause. In the event Employee's ’s employment is terminated voluntarily by Employee or by the Company for Cause: Employee’s Initials: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's ’s Employee’s Initials: employment hereunder at any time without notice for Cause. In the event Employee's ’s employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee ---------------------------------------------------------- may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay)4, 5, 6, 7 and 78, prorated, prorated through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such terminationEmployee.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

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Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, 6 and 79, prorated, through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3Sections 3,4, 4 (but only to the extent of earned but unpaid Incentive Pay)5, 6, 7 and 78, prorated, prorated through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such terminationEmployee.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause:: Employee's Initials: 5 --------------- (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he is terminated; and (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

Voluntary Termination by Employee or Termination for Cause. Employee may terminate his employment hereunder at any time whatsoever, with or without cause, upon thirty (30) days prior written notice to the Company. The Company may terminate Employee's employment hereunder at any time without notice for Cause. In the event Employee's employment is terminated voluntarily by Employee or by the Company for Cause: (a) The Company shall pay to Employee upon such termination all amounts then due under sections 3, 4 (but only to the extent of earned but unpaid Incentive Pay), 6, and 7, prorated, through the date of termination for the year in which he is terminated; andand Employee's Initials: FJB -------------------- (b) The Company shall be under no obligation to make severance payments to Employee or continue any benefits being provided to Employee beyond the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Afc Enterprises Inc)

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