Common use of Involuntary Termination by Company Clause in Contracts

Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination.

Appears in 6 contracts

Samples: Employment Agreement (Hollywood Partners Com Inc), Stock Option Agreement (Samaritan Pharmaceuticals Inc), Employment Agreement (Hollywood Partners Com Inc)

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Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination. (b) Upon the Date of Termination, Company shall pay to Executive his Base Salary through the effective date of termination, plus all other benefits to which Executive has a vested right at the time.

Appears in 1 contract

Samples: Employment Agreement (Vitafort International Corp)

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