Without Cause; Without Good Reason Clause Samples

Without Cause; Without Good Reason. At the election of the Company, without Cause, upon 30 days’ prior written notice to the Executive, or at the election of the Executive, without Good Reason, upon 120 days’ prior written notice to the Company. For the avoidance of doubt, the exercise of the Company’s right to not extend the Term shall neither constitute a termination at the election of the Company without Cause nor a basis for the Executive to terminate his employment for Good Reason.