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, or Executive terminates his employment without Good Reason, then in either such event, Executive shall not be entitled to any severance pay, and shall only be entitled to (i) any unpaid, but earned, salary, (ii) any unpaid but earned vacation in accordance with Company policy then in effect and (iii) any incurred but unpaid ordinary and necessary business expenses properly documented by Executive in accordance with the Company’s then effective expense reimbursement policy.

Appears in 7 contracts

Samples: Executive Employment Agreement (Comverge, Inc.), Executive Employment Agreement (Comverge, Inc.), Executive Employment Agreement (Comverge, Inc.)

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Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive’s 's employment for Cause, or Executive terminates his employment without Good Reason, then in either such event, Executive shall not be entitled to any severance pay, and shall only be entitled to (i) any unpaid, but earned, salary, (ii) any unpaid but earned vacation in accordance with Company policy then in effect and (iii) any incurred but unpaid ordinary and necessary business expenses properly documented by Executive in accordance with the Company’s 's then effective expense reimbursement policy.

Appears in 2 contracts

Samples: Employment Agreement (Comverge, Inc.), Executive Employment Agreement (Comverge, Inc.)

Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive’s employment for Cause, or Executive terminates his employment without Good Reason, then in either such event, Executive shall not be entitled to any severance pay, and shall only be entitled to (i) any unpaid, but earned, salary, medical benefits, vested stock options, and vested restricted stock; (ii) any unpaid but earned vacation in accordance with Company policy then in effect effect; and (iii) any incurred but unpaid ordinary and necessary business expenses properly documented by Executive in accordance with the Company’s then effective expense reimbursement policy.

Appears in 1 contract

Samples: Executive Employment Agreement (Comverge, Inc.)

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Termination by the Company for Cause or by Executive Without Good Reason. If the Company terminates Executive’s employment for Cause, or Executive terminates his employment without Good Reason, then in either such event, Executive shall not be entitled to any severance pay, and shall only be entitled to (i) any unpaid, but earned, salary, and any vested restricted stock and vested stock options (ii) any unpaid but earned vacation in accordance with Company policy then in effect and (iii) any incurred but unpaid ordinary and necessary business expenses properly documented by Executive in accordance with the Company’s then effective expense reimbursement policy.

Appears in 1 contract

Samples: Executive Employment Agreement (Comverge, Inc.)

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