Common use of Voluntary Termination without Good Reason; Termination With Cause Clause in Contracts

Voluntary Termination without Good Reason; Termination With Cause. Upon voluntary termination of EMPLOYEE’s employment by EMPLOYEE without Good Reason or termination of EMPLOYEE’s employment for Cause pursuant to Section 4.1.4, COMPANY shall have no further obligation to EMPLOYEE under this Agreement except to distribute to EMPLOYEE: i. Any compensation and reimbursable expenses owed to EMPLOYEE by COMPANY through the termination date, less applicable withholdings; and

Appears in 2 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

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Voluntary Termination without Good Reason; Termination With Cause. Upon voluntary termination of EMPLOYEE’s employment by EMPLOYEE without Good Reason or termination of EMPLOYEE’s employment for Cause pursuant to Section 4.1.4, COMPANY shall have no further obligation to EMPLOYEE under this Agreement except to distribute to EMPLOYEE: i. : (i) Any compensation and reimbursable expenses owed to EMPLOYEE by COMPANY through the termination date, less applicable withholdings; and (ii) Severance compensation as provided for in COMPANY’s Severance Policy, if any, less applicable withholdings.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

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Voluntary Termination without Good Reason; Termination With Cause. Upon voluntary termination of EMPLOYEE’s 's employment by EMPLOYEE without Good Reason or termination of EMPLOYEE’s 's employment for Cause pursuant to Section 4.1.4, COMPANY shall have no further obligation to EMPLOYEE under this Agreement except to distribute to EMPLOYEE: i. Any compensation and reimbursable expenses owed to EMPLOYEE by COMPANY through the termination date, less applicable withholdings; and

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

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