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

Termination by the Company for Cause or by the Employee Without Good Reason. If the Employment Period is terminated by the Company with Cause or as a result of the Employee’s resignation without Good Reason, the Employee shall be entitled to receive the Accrued Rights. Following such a termination, the Employee shall have no further rights to any compensation or any other benefits under this Agreement. Notwithstanding anything herein to the contrary, the Company may only terminate the Employment Period for Cause pursuant to this Section 6(d) provided that the Company has given written notice to the Employee of the occurrence of any events constituting Cause within ninety (90) days of the occurrence of any such events and the Employee fails to cure such events within thirty (30) days after the Employee’s receipt of such notice.

Appears in 11 contracts

Samples: Employment Agreement (Galaxy Dream Corp), Employment Agreement (Rc2 Corp), Employment Agreement (Rc2 Corp)

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