Common use of Termination by the Company for Cause; Termination by the Executive without Good Reason Clause in Contracts

Termination by the Company for Cause; Termination by the Executive without Good Reason. The Company may at any time terminate the Executive's employment for Cause by giving the Executive a Notice of Termination in accordance with Clause 15.2 and, if applicable, after complying with Clause 17.1.5 hereof. The Executive may at any time terminate his employment with the Company without Good Reason by giving a Notice of Termination to the Company in accordance with Clause 15.2 hereof at least six months prior to the effective date of such termination specified in such notice. In the event of a termination by the Company for Cause or by the Executive without Good Reason, the Executive shall be entitled to receive any unpaid amount of his then current salary through the effective date of such termination, as well as any other benefits which shall have vested and become payable to him under the Benefit Plans as of such effective date.

Appears in 2 contracts

Samples: Employment Agreement (Walsh International Inc \De\), Employment Agreement (Walsh International Inc \De\)

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Termination by the Company for Cause; Termination by the Executive without Good Reason. The Company may at any time terminate the Executive's employment for Cause by giving the Executive a Notice of Termination in accordance with Clause 15.2 14.2 and, if applicable, after complying with Clause 17.1.5 16.1.5 hereof. The Executive may at any time terminate his employment with the Company without Good Reason by giving a Notice of Termination to the Company in accordance with Clause 15.2 14.2 hereof at least six months prior to the effective date of such termination specified in such notice. In the event of a termination by the Company for Cause or by the Executive without Good Reason, the Executive shall be entitled to receive any unpaid amount of his then current salary through the effective date of such termination, as well as any other benefits which shall have vested and become payable to him under the Benefit Plans as of such effective date.

Appears in 1 contract

Samples: Employment Agreement (Walsh International Inc \De\)

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Termination by the Company for Cause; Termination by the Executive without Good Reason. The Company may at any time terminate the Executive's employment for Cause by giving the Executive a Notice of Termination in accordance with Clause 15.2 and, if applicable, after complying with Clause 17.1.5 hereof. The Executive may at any time terminate his employment with the Company without Good Reason by giving a Notice of Termination to the Company in accordance with Clause 15.2 hereof at least six 12 months prior to the effective date of such termination specified in such notice. In the event of a termination by the Company for Cause or by the Executive without Good ReasonReason (except in the case where the Executive so terminates his employment within three years after a Change in Control, as provided in Clause 11.1.2), the Executive shall be entitled to receive any unpaid amount of his then current salary through the effective date of such termination, as well as any other benefits which shall have vested and become payable to him under the Benefit Plans as of such effective date.

Appears in 1 contract

Samples: Employment Agreement (Walsh International Inc \De\)

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