Notice of Termination Without Cause Sample Clauses

Notice of Termination Without Cause. Termination of the Executive's employment for a Termination Without Cause shall be effected by written notice of termination from the Company to the Executive, specifying a termination date no earlier than 10 business days after the date on which such notice is given.
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Notice of Termination Without Cause a. Bargaining unit members that will be subject to termination not for cause shall be informed as soon as practicable, and the Employer will work to establish end of work dates which coincide with the end of an academic term or research project, when possible, so as to minimize the disruption of work.
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Notice of Termination Without Cause. Executive and the Company acknowledge and agree that in connection with the Company's acquisition of VitalCom, Inc. and as a result of the related consolidation and move of the Company's operations to Tustin, California, the Company provided, and Executive received, notice of Termination Without Cause on Friday, June 15, 2001 and that such notice satisfies any and all obligations of the Company to deliver such notice under Section 6(a)(ii) of the Employment Agreement. The parties have executed this Amendment on the date first written above. DATA CRITICAL CORPORATION By: /s/ Michael E. Singer ----------------------------------- Name: Michael E. Singer Title: Executive Xxxx Xxxxxxxxx, Xorporate Development, Chief Financial Officer FRANK T. SAMPLE
Sample 1
Notice of Termination Without Cause. Notwithstanding anything in the Agreement to the contrary, and except as expressly provided below, the Company may terminate Executive’s employment at any time without Cause pursuant to Section 5.1.1 of the Agreement only upon not less than 52 weeks prior written notice from the Company to Executive (the “Notice Period”), provided that the Company shall retain its rights to terminate Executive’s employment for Cause during the Notice Period. In addition, Executive shall not be entitled to the Severance Package in the event of a termination without Cause. However, during the Notice Period, Executive shall continue to receive his regular Base Salary and shall remain eligible to receive a discretionary annual cash bonus based on a target amount (either as a percentage or a fixed dollar amount) established by the Board and based on Company performance. Bonus compensation awarded to Executive during the Notice Period, if any, shall be at the Board’s sole discretion. In addition, Executive shall continue to be eligible to receive benefits as set forth in Section 4.3 of the Agreement, subject to the terms and conditions of the applicable benefit plans and policies, during the Notice Period. Executive shall not be required to report to work on a regular basis during the Notice Period, but shall be required to be available for activities on behalf of the Company upon request from, and at the discretion of, the Board. The payments and benefits to be provided to Executive during the Notice Period pursuant to this Section shall cease in the event Executive obtains other employment or consulting work. Notwithstanding anything in this Section to the contrary, in the event the Company terminates Executive’s employment without Cause at any time within one (1) year following the latest possible date of a Change in Control, as that term is defined in the Agreement, the terms of this Section shall not apply, but rather any such termination shall be governed by Sections 5.1.1 and 5.1.3 of the Agreement. For purposes of clarity, in the event that the latest possible date of a Change of Control, as that term is defined in the Agreement, occurs during the Notice Period and Executive has not secured new employment or consulting work prior to the last possible date of the Change in Control, then the provisions of Sections 5.1.1 and 5.1.3 of the Agreement shall apply (Executive’s Termination Date shall be deemed to be 14 days after the latest possible date of the Change in Control)...
Sample 1

Related to Notice of Termination Without Cause

  • Termination Without Cause; Termination for Good Reason If the Company shall terminate the Executive’s employment, other than for Cause, or the Executive shall terminate his employment for Good Reason, then;

  • Termination Without Cause The Company may terminate the Executive’s employment hereunder at any time without Cause. Any termination by the Company of the Executive’s employment under this Agreement which does not constitute a termination for Cause under Section 3(c) and does not result from the death or disability of the Executive under Section 3(a) or (b) shall be deemed a termination without Cause.

  • Termination Without Cause; Resignation for Good Reason (i) The Company may terminate Executive’s employment with the Company at any time without Cause (as defined below). Further, Executive may resign at any time for Good Reason (as defined below).

  • Termination Without Cause or Termination for Good Reason (a) The Company may terminate the Executive's employment hereunder without Cause, and the Executive shall be permitted to terminate his employment hereunder for Good Reason (as hereinafter defined). If the Company terminates the Executive's employment hereunder without Cause, other than due to death or Disability, or if the Employee effects a termination for Good Reason, the Executive shall be entitled to receive all the benefits provided for under Section 3.6 of this Agreement.

  • Termination Without Cause or Resignation for Good Reason If (1) Company terminates Employee’s employment during the Initial Term other than (a) due to Employee’s death or Disability or (b) for Cause (as defined below); or (2) if Employee resigns from Employee’s employment for Good Reason (as defined below) during the Initial Term, Employee shall receive the Accrued Amounts on the Date of Termination and, in addition, subject to the Severance Conditions below, (i) Company shall provide a severance payment equal to three (3) months of Employee’s salary as of the Date of Termination (the “Severance Payment”), divided and paid in equal installments over a period of three (3) months in accordance with Company’s regular payroll practices starting on the first regular payday occurring after the effective date of the Release (as defined below), and (ii) the Company will reimburse Employee for COBRA premiums (at the coverage levels and at the Company-paid rate in effect immediately prior to such termination) for Employee and Employee’s covered dependents until the earliest of (A) the date that is three (3) months following the Date of Termination, (B) the date that Employee (or Employee’s spouse or dependents, as applicable) are no longer eligible for COBRA coverage or (C) the date when Employee receives substantially equivalent health insurance coverage in connection with new employment (the “COBRA Benefit”). Company’s obligation to pay Employee the Severance Payment and COBRA Benefit shall be conditioned on Employee’s satisfaction of the following (the “Severance Conditions”): (1) Employee must first sign, and allow to become effective, a Company-approved separation agreement, which shall include a full general release in a form acceptable to Company, releasing all claims, known or unknown, that Employee may have against Company arising out of or any way related to Employee’s employment or termination of employment with Company (the “Release”); and (2) on or before the effective date of the Release, Employee must have (i) reconfirmed Employee’s agreement to abide by all of the surviving provisions of this Agreement and any other agreement between Employee and Company, (ii) agreed to cooperate in the transition of Employee’s employment; and (iii) agreed not to make any voluntary statements, written or oral, or cause or encourage others to make any such statements that defame, disparage, or in any way criticize the personal and/or business reputations, practices, or conduct of the Company or any of its affiliates. All other Company obligations to Employee will be automatically terminated and completely extinguished.

  • Termination without Cause or Resignation with Good Reason The Company may terminate the Term of Employment without Cause, and the Executive may terminate the Term of Employment for Good Reason, at any time upon written notice. If the Term of Employment is terminated by the Company without Cause (other than due to the Executive’s death or Disability) or by the Executive for Good Reason, in either case prior to the date of a Change in Control or more than one year after a Change in Control, the Executive shall be entitled to the following:

  • Effect of Termination Without Cause If Employee's employment is terminated "Without Cause":

  • Termination for Cause; Resignation Without Good Reason If the Company terminates Executive’s employment with the Company for Cause, or Executive resigns without Good Reason, then Executive will not be entitled to any further compensation from the Company (other than accrued salary, and accrued and unused vacation, through Executive’s last day of employment), including severance pay, pay in lieu of notice or any other such compensation.

  • Involuntary Termination Without Cause In the event of the Participant’s involuntary Termination by the Company without Cause, the vested portion of the Option shall remain exercisable until the earlier of (i) ninety (90) days from the date of such Termination, and (ii) the expiration of the stated term of the Option pursuant to Section 3(d) hereof.

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