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

Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive's employment for Cause (as defined in this Section 4.3) or if Executive terminates his employment other than for Good Reason (as defined in Section 4.4), the Company will have no further obligation or liability to Executive hereunder other than for Base Salary earned and unpaid at the time of termination and compensation for accrued vacation, and the term of the Agreement will end when those amounts are paid.

Appears in 9 contracts

Samples: Severance Agreement (Genrad Inc), . Severance Agreement (Genrad Inc), Severance Agreement (Genrad Inc)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive's ’s employment for Cause (as defined in this Section 4.33.3) or if Executive terminates his employment other than for Good Reason (as defined in this Section 4.43.3), the Company will have no further obligation or liability to Executive hereunder other than for Base Salary earned and unpaid at the time date of termination and compensation for accrued vacation, and the term Term of the Agreement will end when those amounts are paid.

Appears in 3 contracts

Samples: Lionbridge Technologies, Inc. Agreement (Lionbridge Technologies Inc /De/), Is an Agreement (Lionbridge Technologies Inc /De/), Lionbridge Technologies Inc /De/

Termination by the Company for Cause or by Executive Without Good Reason. If If, during the Term, Executive’s employment is terminated by the Company terminates Executive's employment for Cause (as defined in this Section 4.3) Cause, or if by Executive terminates his employment other than for without Good Reason (as defined in Section 4.4)Reason, the Company will have no further obligation or liability to Executive hereunder other than for shall pay Executive’s Base Salary and accrued and unused vacation benefits earned and unpaid through the date of termination at the rate in effect at the time of termination termination, less standard deductions and compensation for accrued vacationwithholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, and the term of the Agreement will end when those amounts are paidexcept as otherwise provided by law.

Appears in 1 contract

Samples: Share and Asset Purchase Agreement (BioTelemetry, Inc.)

AutoNDA by SimpleDocs

Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive's employment for Cause (as defined in this Section 4.31.3) or if Executive terminates his employment other than for Good Reason (as defined in Section 4.41.4), the Company will have no further obligation or liability to Executive hereunder other than for Base Salary earned and unpaid at the time of termination and compensation for accrued vacation, and the term of the Agreement will end when those amounts are paid.

Appears in 1 contract

Samples: Severance Agreement (Genrad Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.