Termination of Employment Without Cause definition

Termination of Employment Without Cause means a termination of the Executive’s employment by the Company or any of its Affiliates for any reason other than Cause (other than death or Disability).

Termination of Employment Without Cause means a termination of an Eligible Officer’s employment by the Corporation or any of its subsidiaries for any reason other than a Termination of Employment For Cause, a termination of employment on account of death or Disability or a Termination of Employment By Job Abolishment.

Termination of Employment Without Cause means the Participant’s involuntary separation of service with the Company other than by reason of the Participant’s (i) willful and continued failure to perform the material duties of his position after receiving notice of such failure and being given reasonable opportunity to cure such failure; (ii) willful misconduct which is demonstrably and materially injurious to the Company; or (iii) conviction of a felony. No act or failure to act on the part of the Participant shall be considered “willful” unless it is done or omitted to be done in bad faith or without reasonable belief that the action or omission was in the best interest of the Company.

Examples of Termination of Employment Without Cause in a sentence

• A Change in Control does not in itself constitute Termination of Employment Without Cause.

• In the event of (i) Termination of Employment Without Cause, (ii) Termination of Employment For Good Reason, or (iii) if Termination of Employment occurs for any reason other than Termination of Employment For Cause more than six (6) months after a Change in Control, (each an “Eligible Termination Event”) PremierWest will offer and Executive may choose to execute the Separation Agreement, attached hereto as Exhibit A, which provides for the release of claims against PremierWest.

• This Agreement contains the entire Agreement and understanding between the Employer and the Executive and, except for any employment agreement and stock option agreements, supersedes all other agreements, written or oral, relating to the payment of severance or any other benefit in the event of a Termination of Employment Without Cause or with Good Reason in the event of a Change of Control, as described herein.

• This Agreement shall constitute Notice of Employee’s Termination of Employment Without Cause, Company’s commitment to pay severance as set forth in the Severance Agreement, Employee’s General Release and other terms and conditions agreed to by Company and Employee as set forth herein.

• This Agreement contains the entire Agreement and understanding between the Employer and the Executive and, except as to prior agreements as indicated in Paragraph 3 herein, supersedes all other agreements, written or oral, relating to the payment of severance or any other benefit in the event of a Termination of Employment Without Cause or with Good Reason in the event of a Change of Control, as described herein.

• Notwithstanding anything to the contrary in this Section 2.1, the Participant shall immediately become 100% vested (if he is not already vested in accordance with the above vesting schedule) in the SERP Benefit upon the occurrence of a Change in Control or if he experiences a Termination of Employment Without Cause.

• Termination of Employment Without Cause shall mean Termination of Employment for all reasons except Termination of Employment with Cause.

• Subject to Section 11, payments will commence starting the next regular pay period following the date of Termination of Employment Without Cause or Termination of Employment for Good Reason and satisfaction of the conditions set forth in this Section 6.2. Upon Termination of Employment Without Cause or upon Termination With Good Reason, PremierWest shall transfer all right.

• If, before the end of the Contract Term, there is either: (a) a Termination of Employment Without Cause; or, (b) a termination of employment by the Executive for Good Reason, the Executive shall receive promptly after the Date of Termination an amount equal to the sum of the Executive's Accrued Annual Base Salary that would have been payable to the Executive if his employment had continued for the period from the Date of Termination until the second anniversary of the Date of Termination.

• Upon Termination of Employment Without Cause or Termination of Employment for Good Reason, PremierWest shall transfer all right, title, and interest in and to the vehicle to Executive no later than the date on which the Executive has a Termination of Employment.

More Definitions of Termination of Employment Without Cause

Termination of Employment Without Cause means Termination of Employment for all reasons except Termination of Employment with Cause.

Termination of Employment Without Cause means termination of an Eligible Officer’s employment by the Corporation for any reason other than “For Cause” or on account of death or disability, as defined in the Corporation’s long-term disability policy in effect at the time of termination (“Disability”).

Termination of Employment Without Cause means a Termination of Employment of an employee or non-employee director by the Company or any affiliate thereof for any reason other than death, Permanent Disability, Voluntary Termination of Employment or Termination of Employment with Cause.

Termination of Employment Without Cause means the termination of Executive's employment by Myers for any reason other than Death, Disability, or For Cause.

Termination of Employment Without Cause means an involuntary termination of the Participant's employment with the Company other than by reason of the Participant's (i) willful and continued failure to perform the material duties of his position after receiving notice of such failure and being given reasonable opportunity to cure such failure; (ii) willful misconduct which is demonstrably and materially injurious to the Company; or (iii) conviction of a felony. No act or failure to act on the part of the Participant shall be considered "willful" unless it is done or omitted to be done in bad faith or without reasonable belief that the action or omission was in the best interest of the Company. THE RYLAND GROUP, INC. Dreier Supplemental Executive Retirement Plan -------------------------------------------------------------------------------- ================================================================================

Termination of Employment Without Cause as set out in the Executive Agreement (included in the Offer Letter), shall apply during the term of the Agreement. For the avoidance of doubt, no severance payment or compensation of any form shall apply on the expiry of this Agreement. It is the intention of the parties that the sums payable under the terms of this Clause 3.3 represent a fair and reasonable assessment of the possible damages that you may suffer as a result of the termination of your employment and in full and final settlement of any claim that you may have arising out of your employment with the Company (or any Group Company being a subsidiary of Parametric Technology Corporation situated anywhere in the world) or its termination (except with regard to any claim for personal injury or pension payments) including any statutory redundancy payment. In the event that you bring a claim against the Company or any Group Company relating to your employment with the Company or any Group Company or its termination or matters arising during your employment with the Company or any Group Company, all sums paid under this Clause shall either become immediately repayable to the Company on demand or, if not repaid, shall be set off against any severance payment you may be entitled to or award for damages or other compensation that you may receive.