Common use of Discharge Without Cause or Resignation for Good Reason Clause in Contracts

Discharge Without Cause or Resignation for Good Reason. In the event of discharge without Cause or resignation for Good Reason, Employee shall receive (or in the case of Subsection 6(a)(iii) have paid on Employee’s behalf) from the Employer, provided (unless waived by the Employer) Employee executes and returns to the Employer within the time specified by the Employer (without subsequent revocation) an Agreement and General Release as described in Subsection 2(b) above (except that Employee shall not be obligated to do so following a Hostile Change in Control):

Appears in 4 contracts

Samples: Employment Agreement (Philadelphia Consolidated Holding Corp), Employment Agreement (Philadelphia Consolidated Holding Corp), Employment Agreement (Philadelphia Consolidated Holding Corp)

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