Common use of Termination by Employer without Cause Clause in Contracts

Termination by Employer without Cause. Executive’s employment with Employer may be terminated without Cause by a majority of each of the Boards of Directors of Employer, effective immediately upon delivery of written notice of such termination to Executive.

Appears in 5 contracts

Samples: Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative)

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Termination by Employer without Cause. Executive’s employment with Employer may be terminated terminate Executive's employment hereunder at any time without Cause by a majority of each of the Boards of Directors of Employer, effective immediately upon delivery of written notice of such termination to Executive., in which event:

Appears in 3 contracts

Samples: Employment Agreement (First National Bankshares of Florida Inc), Employment Agreement (First National Bankshares of Florida Inc), Employment Agreement (First National Bankshares of Florida Inc)

Termination by Employer without Cause. Executive’s employment with Employer may be terminated without Cause by a majority of each of the Boards Board of Directors of Employer, effective immediately upon delivery of written notice of such termination to Executive.

Appears in 3 contracts

Samples: Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative)

Termination by Employer without Cause. Executive’s employment with Employer may be terminated terminate Executive's employment at any time without Cause by a majority of each of the Boards of Directors of Employer, effective immediately upon delivery of written notice of such termination to ExecutiveCause.

Appears in 2 contracts

Samples: Employment Agreement (Astralis LTD), Employment Agreement (Astralis LTD)

Termination by Employer without Cause. Executive’s 's employment ------------------------------------- with Employer may be terminated without Cause by a majority of each of the Boards of Directors of Employer, effective immediately upon delivery of written notice of such termination to Executive.

Appears in 1 contract

Samples: Employment Agreement (Old Dominion Electric Cooperative)

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Termination by Employer without Cause. Executive’s 's employment with Employer may be terminated without Cause cause by a majority of each all of the Boards members of Directors the Board of Employer, effective immediately upon delivery of Employer on written notice of such termination to Executive.

Appears in 1 contract

Samples: Employment Agreement (Flour City International Inc)

Termination by Employer without Cause. At any time after the commencement of employment, the Employer may for any reason terminate this Agreement and the Executive’s employment with Employer may (i.e., other than for Cause, death or Disability), such termination to be terminated without Cause by a majority of each of the Boards of Directors of Employer, effective immediately upon delivery the giving of written notice of such termination to ExecutiveExecutive by Employer.

Appears in 1 contract

Samples: Employment Agreement (Texas United Bancshares Inc)

Termination by Employer without Cause. Executive’s 's employment with Employer may be terminated without Cause by a majority of each of the Boards Board(s) of Directors of Employer, effective immediately upon delivery of written notice of such termination to Executive.

Appears in 1 contract

Samples: Employment Agreement (Old Dominion Electric Cooperative)

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