Common use of Without Cause by the Company Clause in Contracts

Without Cause by the Company. The Company may terminate this Agreement upon not less than 5 days' written notice to Employee at and for the Company's sole convenience and in its sole discretion and without specifying any cause as set forth in Section 8.3 hereof. In such event, and contingent upon (i) receipt by the Company of a valid and fully effective release (in form and substance satisfactory to the Company) of all claims under the Age Discrimination and Employment Act, 29 U.S.C. ss. 621 et. seq (ii) the resignation of Employee from all positions of any nature which Employee may then have held with the Company and any of its affiliates.

Without Cause by the Company. The Company may terminate this Agreement upon not less than 5 thirty (30) days' written notice to Employee at and for the Company's sole convenience and in its sole discretion and without specifying any cause as set forth in Section 8.3 hereof. In such event, and contingent upon (i) receipt by the Company of a valid and fully effective release (in form and substance satisfactory to the Company) of all claims under the Age Discrimination and Employment Act, 29 U.S.C. ss. 621 et. seq (ii) the resignation of Employee from all positions of any nature nature, which Employee may then have held with the Company and any of its affiliates, Employee shall continue to receive Base Compensation for the following three (3) month period.

Without Cause by the Company. The Company may terminate this Agreement upon not less than 5 thirty (30) days' written notice to Employee at and for the Company's sole convenience and in its sole discretion and without specifying any cause as set forth in Section 8.3 hereof. In such event, and contingent upon (i) receipt by the Company of a valid and fully effective release (in form and substance satisfactory to the Company) of all claims under the Age Discrimination and Employment Act, 29 U.S.C. ss. 621 et. seq (ii) the resignation of Employee from all positions of any nature nature, which Employee may then have held with the Company and any of its affiliates, Employee shall continue to receive Base Compensation for the following twelve (12) month period.