Common use of With Cause or Without Good Reason Clause in Contracts

With Cause or Without Good Reason. If the Executive’s engagement hereunder is terminated by the Company with Cause or by the Executive without Good Reason, the Company shall have no further obligation to make any payments or provide any benefits to the Executive hereunder after the date of termination except for (A) payments of Base Salary, any awarded but unpaid Bonus for any prior completed year, and expense reimbursement that had accrued but had not been paid prior to the date of termination, (B) payments for any accrued but unused vacation time, and (C) any benefits due through the date of termination in accordance with the terms of the Benefit Plans. Any amounts payable under this Section 10(c)(i) shall be paid within five business days of the termination date.

Appears in 7 contracts

Samples: Employment Agreement (AMP Holding Inc.), Employment Agreement (AMP Holding Inc.), Employment Agreement (AMP Holding Inc.)

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With Cause or Without Good Reason. If the Executive’s 's engagement hereunder is terminated by the Company with Cause or by the Executive without Good Reason, the Company shall have no further obligation to make any payments or provide any benefits to the Executive hereunder after the date of termination except for (A) payments of Base Salary, any awarded but unpaid Bonus for any prior completed year, and expense reimbursement that had accrued but had not been paid prior to the date of termination, (B) payments for any accrued but unused vacation time, and (C) any benefits due through the date of termination in accordance with the terms of the Benefit Plans. Any amounts payable under this Section 10(c)(i) shall be paid within five business days of the termination date.

Appears in 3 contracts

Samples: Employment Agreement (Aston Capital Partners LP), Employment Agreement (Aston Capital Partners LP), Employment Agreement (Aston Capital Partners LP)

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