Examples of Breach by the Company in a sentence
If the Company fails to obtain such agreement prior to the effective date of any such succession, the Executive may terminate his or her employment with in thirty (30) days of such succession and treat such termination as a Breach by the Company and termination without cause on account of a Change in Control entitling the Executive to payments and benefits under Section 7 of this Agreement.
Payment of Severance Payments provided under this Section 7 in the event of a termination which constitutes a Breach by the Company will not prohibit Executive from seeking enforcement of the remaining provisions of this Agreement or other remedies for breach of this Agreement.
If the Executive is not in default of any of the Executive’s obligations under Section (2), (9), (10) or (11) hereof, the Executive may terminate employment in the absence of a Breach by the Company, effective upon at least ninety (90) days prior written notice.
The Executive may terminate his employment hereunder, upon thirty (30) days' prior Notice of Termination delivered to the Company pursuant to Section (5)(d) hereof, for failure of the Company to observe and perform one or more of its obligations under Sections (1), (2), (3) and/or (4) hereof (a Breach by the Company) at a time when the Executive is not in default of any of his obligations under Sections (1) and/or (2) hereof.
Termination by the Executive Based on a Material Breach by the Company or for Good Reason, or Nonrenewal by the Company Upon a Change in Control.
However, this Section 5.4 will not apply to any fraud or intentional Breach by the Company of any covenant or obligation, and the Company will be liable for all Damages with respect to such Breaches.
The Executive may terminate his employment hereunder in the absence of a Breach by the Company, effective upon at least six (6) months' prior Notice of Termination delivered to the Company pursuant to Section (5)(d) hereof.
Executive shall have the right, at his election to terminate this Agreement in the event of a “Material Breach" by the Company, which breach is not fully cured by the Company within thirty (30) days of written notice thereof and is not thereafter repeated (in which event no notice need be given).
If the Company terminates the Executive’s employment for Cause, or if the Executive voluntarily resigns prior to the occurrence of a Change in Control of the Company at a time when there is no uncured Breach by the Company of this Agreement, then in either case the Executive shall be entitled to receive only his then current Base Salary on a pro rata basis to the date of such termination or resignation.
Executive shall have the right, at his election to terminate this Agreement in the event of a "Material Breach" by the Company.