Common use of Voluntary Termination by Executive; Discharge for Cause Clause in Contracts

Voluntary Termination by Executive; Discharge for Cause. (a) In the event that Executive’s employment is terminated (i) by the Company for Cause, as hereinafter defined, in which event no advance written notice is required, or (ii) by Executive for a reason other than Good Reason, Disability or death, the Company shall pay to Executive only the Accrued Obligations. (b) As used herein, the term “Cause” means:

Appears in 4 contracts

Samples: Employment Agreement (Peabody Energy Corp), Employment Agreement (Peabody Energy Corp), Employment Agreement (Peabody Energy Corp)

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Voluntary Termination by Executive; Discharge for Cause. (a) In the event that Executive’s 's employment is terminated (i) by the Company for Cause, as hereinafter defined, in which event no advance written notice is required, or (ii) by Executive for a reason other than Good Reason, Disability or death, the Company shall pay to Executive only the Accrued Obligations. (b) As used herein, the term “Cause” means:

Appears in 1 contract

Samples: Employment Agreement (Peabody Energy Corp)

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