Common use of Termination by Corporation Without Cause Clause in Contracts

Termination by Corporation Without Cause. The Corporation may terminate this Agreement and Executive’s employment hereunder without Cause, effective upon delivery of written notice to Executive given at any time during the Term (without any necessity for prior notice) provided that the Corporation complies with all provisions of this Agreement, including without limitation, obligations related to severance, vesting of options and continuation of benefits as set forth herein.

Appears in 2 contracts

Samples: Employment Agreement (Diego Pellicer Worldwide, Inc), Employment Agreement (Diego Pellicer Worldwide, Inc)

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Termination by Corporation Without Cause. The Corporation may terminate In the event the employment of the Executive and this Agreement and Executive’s employment hereunder is terminated by the Corporation without cause, or by the Executive for Constructive Dismissal or for any other reason other than Cause, effective upon delivery of written notice to Executive given at any time during the Term (without any necessity for prior notice) provided that the Corporation complies with all provisions of this Agreementshall pay to the Executive, including without limitation, obligations related a duty to severance, vesting of options and continuation of benefits as set forth herein.mitigate:

Appears in 2 contracts

Samples: Employment Agreement (SAExploration Holdings, Inc.), Employment Agreement (SAExploration Holdings, Inc.)

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Termination by Corporation Without Cause. The Corporation may at any time terminate this Agreement and the Executive’s 's employment hereunder without Cause, effective cause upon delivery of written notice to the Executive given at any time during the Term (without any necessity for prior notice) provided that in such event the Corporation complies with all provisions of this Agreement, including without limitation, obligations related Executive shall be entitled to severance, vesting of options and continuation of termination benefits as set forth hereinpursuant to Section 5.6.

Appears in 1 contract

Samples: Executive Employment Agreement (FOCUS GOLD Corp)

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