Common use of Termination by Company without Cause or by Executive for Good Reason Clause in Contracts

Termination by Company without Cause or by Executive for Good Reason. The Company may terminate Executive’s employment without Cause by giving written notice to Executive designating an immediate or future termination date. Executive may terminate his/her employment hereunder for Good Reason, which will be treated as a termination by the Company without Cause. The effective date of a termination by the Company without Cause or by Executive for Good Reason will be the Executive’s “Termination Date.”

Termination by Company without Cause or by Executive for Good Reason. The Company may terminate Executive’s employment the Executive without Cause by after giving written notice to Executive designating an immediate or future termination datea Notice of Termination. The Executive may terminate his/her employment hereunder for Good Reason by delivering to the Company (1) a Preliminary Notice of Good Reason (as defined above), and (2) not earlier than thirty (30) days from the delivery of such Preliminary Notice of Good Reason, which will be treated as a termination by the Company without Cause. The effective date of a termination by the Company without Cause or by Executive for Good Reason will be the Executive’s “Termination Date.”a

Termination by Company without Cause or by Executive for Good Reason. The (1) Company may terminate Executive’s employment without other than for Cause by giving (as defined above) at any time upon written notice to Executive designating an immediate or future Executive, which termination dateshall be effective immediately. Executive may terminate his/her employment hereunder resign thirty (30) days after written notice to the President and CEO of OCC for Good Reason, which will be treated as a termination by the Company without Cause. The effective date of a termination by the Company without Cause or by Executive for Good Reason will be the Executive’s “Termination Date.”

Termination by Company without Cause or by Executive for Good Reason. The Company may terminate Executive’s employment the Executive without Cause by after giving written notice to Executive designating an immediate or future termination datea Notice of Termination. The Executive may terminate his/her employment hereunder for Good Reason by delivering to the Company (1) a Preliminary Notice of Good Reason (as defined above), and (2) not earlier than 30 days from the delivery of such Preliminary Notice of Good Reason, which will be treated as a termination by the Company without Cause. The effective date of a termination by the Company without Cause or by Executive for Good Reason will be the Executive’s “Termination Date.”a