Common use of Company Termination Without Cause Clause in Contracts

Company Termination Without Cause. The Company may terminate this Agreement without Cause (as defined below) by providing the Executive at least five (5) business days advance written notice. Upon termination of this Agreement by the Company without Cause, the Executive shall be entitled to receive base salary until the fourth anniversary of the effective date of the Company's initial public offering.

Appears in 1 contract

Sources: Employment Agreement (Qk Healthcare Inc)

Company Termination Without Cause. The Company may terminate this Agreement without Cause (as defined below) by providing the Executive at least five (5) business days advance written notice. Upon termination of this Agreement by the Company without Cause, the Executive shall be entitled to receive base salary until for six months subsequent to the fourth anniversary of the effective date of the Company's initial public offeringtermination as provided in Paragraph 2(a) hereof.

Appears in 1 contract

Sources: Employment Agreement (Qk Healthcare Inc)