Common use of Voluntary Termination; Termination With Cause Clause in Contracts

Voluntary Termination; Termination With Cause. In the event of a Voluntary Termination or a Termination With Cause, and upon payment of all amounts due to Executive under Section 5.2, the Executive will not Compete with the Company for a period consisting of the longer of (i) the remaining Term of this Employment Agreement or (ii) one (1) year; provided that if a Voluntary Termination follows a notice by the Company under Section 2.1 that the Term of this Employment Agreement will not be automatically extended, there will be no restriction on the Executive's right to Compete with the Company after the date his employment terminates.

Appears in 6 contracts

Samples: Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc)

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Voluntary Termination; Termination With Cause. In the event of the Executive suffers a Voluntary Termination or a Termination With CauseCause and there has not been a Change in Control, the Executive will not Compete (hereinafter defined) with the Company for a period of time equal to the remaining Term of this Employment Agreement (as if this Employment Agreement had not been terminated). If the Executive suffers a Voluntary Termination or a Termination With Cause and upon payment of all amounts due to Executive under Section 5.2there has been a Change in Control, the Executive will not Compete with the Company for a period consisting of the longer of (i) the remaining Term of this Employment Agreement or (ii) one (1) year; provided that if a Voluntary Termination follows a notice by the Company under Section 2.1 that the Term of this Employment Agreement will not be automatically extended, there will be no restriction on the Executive's right to Compete with the Company year after the date his employment terminatesof such termination.

Appears in 5 contracts

Samples: Employment Agreement (Specialty Care Network Inc), Employment Agreement (Specialty Care Network Inc), Employment Agreement (Specialty Care Network Inc)

Voluntary Termination; Termination With Cause. In the event of a Voluntary Termination or a Termination With Cause, and upon payment of all amounts due to Executive under Section 5.2, the Executive will shall not Compete with the Company for a period consisting of the longer of (i) the remaining Term of this Employment Agreement or (ii) one (1) year; provided that if a Voluntary Termination follows a notice by the Company under Section 2.1 that the ----------- Term of this Employment Agreement will shall not be automatically extended, there will shall be no restriction on the Executive's right to Compete with the Company after the date his employment terminates.

Appears in 3 contracts

Samples: Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc), Employment Agreement (Master Graphics Inc)

Voluntary Termination; Termination With Cause. In the event of a Voluntary Termination or a Termination With Cause, and upon payment of all amounts due to Executive under Section 5.2, the Executive will not Compete with the Company for a period consisting of the longer of (i) the remaining Term of this Employment Agreement or and (ii) one (1) year; provided that if a Voluntary Termination follows a notice by the Company under Section 2.1 that the Term of this Employment Agreement will not be automatically extended, there will be no restriction on the Executive's right to Compete with the Company after the date his employment terminates.

Appears in 1 contract

Samples: Employment Agreement (Seafield Capital Corp)

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Voluntary Termination; Termination With Cause. In the event of a Voluntary Termination or a Termination With Cause, and upon payment of all amounts due to Executive under Section 5.2, the Executive will not Compete with the Company for a period consisting of the longer of (i) the remaining Term of this Employment Agreement or and (ii) one (1) year; , provided that if a Voluntary Termination follows a notice by the Company under Section 2.1 that the Term of this Employment Agreement will not be automatically extended, there will be no restriction on the Executive's right to Compete with the Company after the date his employment terminates.

Appears in 1 contract

Samples: Employment Agreement (Response Oncology Inc)

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