Common use of Due Cause Clause in Contracts

Due Cause. The employment of the Executive hereunder may be terminated by the Company at any time for Due Cause. In the event of such termination, the Company shall pay to the Executive the Base Salary (at the annual rate then in effect) and Vacation accrued through the Termination Date and not theretofore paid to the Executive. Except as otherwise provided under this Agreement, the rights and benefits of the Executive or the Executive’s transferee under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs.

Appears in 6 contracts

Samples: Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger, Inc.)

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Due Cause. The employment of the Executive hereunder may be terminated by the Company at any time for Due CauseCause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the Base Salary base salary provided for in Section 3.1 (at the annual rate then in effect) and Vacation accrued through to the Termination Date date of such termination and not theretofore paid to the Executive. Except as otherwise provided under this Agreement, the rights Rights and benefits of the Executive or the Executive’s transferee under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs.his 4 4

Appears in 1 contract

Samples: Employment Agreement (Novacare Inc)

Due Cause. The employment of the Executive hereunder may be terminated by the Company at any time during the term of this Agreement for Due CauseCause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the Base Salary (at accrued to the annual rate then in effect) and Vacation accrued through the Termination Date date of such termination and not theretofore paid to the Executive. Except , and, after the satisfaction of any claim of the Company against the Executive arising as otherwise provided a direct and proximate result of such Due Cause, neither the Executive nor the Company shall have any further rights or obligations under this Agreement, the rights except as provided in Sections 9 and benefits of the Executive or the Executive’s transferee under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs10.

Appears in 1 contract

Samples: Employment Agreement (Ea Industries Inc /Nj/)

Due Cause. The employment of the Executive hereunder may be terminated by the Company at any time for Due CauseCause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the Base Salary base salary provided for in Section 3.1 (at the annual rate then in effect) and Vacation accrued through to the Termination Date date of such termination and not theretofore paid to the Executive. Except as otherwise provided under this Agreement, the rights Rights and benefits of the Executive or the Executive’s his transferee under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs.of

Appears in 1 contract

Samples: Employment Agreement (Novacare Inc)

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Due Cause. The employment of the Executive hereunder may be terminated by the Company at any time for Due CauseCause (as hereinafter defined). In the event of such termination, the Company shall pay to the Executive the Base Salary base salary provided for in Section 3.1 (at the annual rate then in effect) and Vacation accrued through to the Termination Date date of such termination and not theretofore paid to the Executive. Except as otherwise provided under this Agreement, the rights and benefits of the Executive or the Executive’s transferee under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs.theretofore

Appears in 1 contract

Samples: Employment Agreement (Novacare Inc)

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