Common use of By the Executive Other than for Good Reason Clause in Contracts

By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder at any time upon sixty (60) days’ notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary for the notice period (or for any remaining portion of the period). The Company shall have no further obligation to the Executive, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Agreement (Panther Expedited Services, Inc.)

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By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder for any reason other than for Good Reason at any time upon sixty ninety (6090) days’ notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary and monthly bonus for the initial sixty (60) days of the notice period (or for any remaining portion of the such period). The Neither the Company nor its Affiliates shall have no any further obligation to the Executive, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (AutoTrader Group, Inc.)

By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder at any time upon sixty (60) days' notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of employment by the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary for the initial sixty (60) days of the notice period (or for any remaining portion of the such period). The Company shall have no further obligation to the Executive, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Sirtris Pharmaceuticals, Inc.

By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder for any reason other than for Good Reason at any time upon sixty ninety (6090) days’ notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, . if the Board so elects, the Company will pay the Executive his Base Salary and monthly bonus for the initial sixty (60) days of the notice period (or for any remaining portion of the such period). The Neither the Company nor its Affiliates shall have no any further obligation to the Executive, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (AutoTrader Group, Inc.)

By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder at any time upon sixty (60) days’ notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary for the initial sixty (60) days of the notice period (or for any remaining portion of the such period). The Company shall have no further obligation to the ExecutiveExecutive hereunder, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Executive Employment Agreement (Panther Expedited Services, Inc.)

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By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder at any time other than for Good Reason upon sixty (60) days’ notice to the Company; provided, unless such termination would violate any obligation of the Executive to however, that the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, all or any portion thereofof such notice, and, if the Board so elects, in which event the Company will pay the Executive his the Base Salary for the notice period (or for any remaining portion of the period)first sixty (60) days of such notice waived. The Upon termination by the Executive of his employment other than for Good Reason, the Company shall pay the Executive the Final Compensation, but excluding any pro-rated Annual Bonus for the calendar year in which the termination occurs, and other than such payment the Company shall have no further obligation to the Executive, other than for any Final Compensation due to him.

Appears in 1 contract

Samples: Executive Employment Agreement (FiberTower CORP)

By the Executive Other than for Good Reason. The Executive may terminate his employment hereunder this Agreement during the term hereof at any time upon sixty ninety (6090) days' notice to the Company, unless such termination would violate any obligation of the Executive to the Company under a separate severance agreement. In the event of termination of the Executive pursuant to this Section 5(f)5.f, the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his the Base Salary for the notice period (or for any remaining portion of the period). The Company shall have no further obligation to the Executive, other than for any Final Compensation due to himhim (excluding the amount described in Section 5.a.iv above).

Appears in 1 contract

Samples: Employment Agreement (Houghton Mifflin Co)

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