Termination By Company With Cause. If Executive’s employment with the Company is terminated by the Company with Cause, Executive shall not be entitled to any further compensation or benefits other than accrued but unpaid Base Salary (payable as provided in Section 3(a) hereof) and accrued and unused vacation pay through the date of such termination (collectively, the “Accrued Benefits”), which Accrued Benefits shall be payable to Executive within thirty (30) days following the termination date.
Appears in 12 contracts
Samples: Solicitation Agreement, Solicitation Agreement (Fortress Investment Group LLC), Solicitation Agreement (Fortress Investment Group LLC)
Termination By Company With Cause. If Executive’s employment with the Company is terminated by the Company with Cause, Executive shall not be entitled to any further compensation or benefits other than accrued but unpaid Base Salary (payable as provided in Section 3(a) hereof) and accrued and unused vacation pay through the date of such termination (collectively, the “‘‘Accrued Benefits”), which ’’) and his receipt of the Accrued Benefits shall be payable subject to Executive within thirty (30) days following his providing the termination dateCompany with a signed release of claims in a form adopted by the Board from time to time.
Appears in 5 contracts
Samples: Competition and Non Solicitation Agreement (Fortress Investment Group Holdings LLC), Non Competition and Non Solicitation Agreement (Fortress Investment Group Holdings LLC), Non Competition and Non Solicitation Agreement (Fortress Investment Group Holdings LLC)