Common use of Company’s Termination for Cause Clause in Contracts

Company’s Termination for Cause. This Agreement and Executive’s employment hereunder may be terminated by the Company on account of Cause. In such event, no payments or benefits shall be due to Executive from the Company, except as may be required under a separate plan, policy or program evidencing a retirement or other benefit arrangement or as may be required by law to be provided.

Appears in 10 contracts

Samples: Employment Agreement, Executive Employment Agreement (Cleco Corp), Executive Employment Agreement (Cleco Corp)

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Company’s Termination for Cause. This Agreement and Executive’s employment hereunder may be terminated by the Company Board of Directors at any time on account of Cause. In such event, no payments the Company shall pay or provide to Executive only such amounts or benefits shall be due to Executive from the Company, except as may be required under a separate plan, policy or program evidencing a retirement or other benefit arrangement or as may be are required by law to be provided.paid. For purposes of this Agreement, “Cause” means that Executive has:

Appears in 1 contract

Samples: Executive Employment Agreement (Britton & Koontz Capital Corp)

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Company’s Termination for Cause. This Agreement and Executive’s employment hereunder may be terminated by the Company on account of Cause. In such event, no payments or benefits shall be due to Executive from the Company, except as may be required under a separate plan, policy or program evidencing a retirement or other benefit arrangement or as may be required by law to be provided.

Appears in 1 contract

Samples: Employment Agreement

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