Common use of By the Company with Cause Clause in Contracts

By the Company with Cause. Subject to the limitations of Section 1(d) regarding notice and cure, the Company may terminate the Executive's employment immediately during the Employment Period for Cause by providing a Notice of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Deep Down, Inc.), Employment Agreement (Deep Down, Inc.)

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By the Company with Cause. Subject to the limitations of Section 1(d) 1.6 regarding notice and cure, the Company may terminate the Executive's ’s employment immediately during the Employment Period for Cause by providing a Notice of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Koil Energy Solutions, Inc.), Restricted Stock Agreement (Deep Down, Inc.)

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By the Company with Cause. Subject to the limitations of Section 1(d) 1.6 regarding notice and cure, the Company may terminate the Executive's employment immediately during the Employment Period for Cause by providing a Notice of Termination.

Appears in 1 contract

Samples: Restricted Stock Agreement (Deep Down, Inc.)

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