Common use of Termination for Cause by the Company Clause in Contracts

Termination for Cause by the Company. The Company may, without liability, terminate the Executive's employment hereunder for cause at any time upon written notice from the Board of Directors specifying such cause, and thereafter the Company's obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 7 contracts

Samples: Executive Employment Agreement (American Aircarriers Support Inc), Employment Agreement (American Aircarriers Support Inc), Employment Agreement (American Aircarriers Support Inc)

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Termination for Cause by the Company. The Company may, without liability, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board of Directors CEO specifying such cause, and thereafter the Company's ’s obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors CEO shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 4 contracts

Samples: Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Digital Recorders Inc), Executive Employment Agreement (Dri Corp)

Termination for Cause by the Company. The Company may, without liability, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board of Directors COO-NCO and/or CEO specifying such cause, and thereafter the Company's ’s obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors COO-NCO and/or CEO shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 2 contracts

Samples: Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Dri Corp)

Termination for Cause by the Company. The Company may, without liability, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board President and Chief Executive Officer of Directors Company specifying such cause, and thereafter the Company's ’s obligations hereunder under this Agreement shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors President and Chief Executive Officer shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conductcure, if curable, within fifteen (15) days following receipt such conduct to the complete satisfaction of such noticeCompany. Grounds for termination "for cause" ” may be, but are not limited to, one or more of the following:

Appears in 2 contracts

Samples: Executive Employment Agreement (Digital Recorders Inc), Executive Employment Agreement (Digital Recorders Inc)

Termination for Cause by the Company. The Company may, without liability, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board of Directors Chief Financial Officer and/or CEO specifying such cause, and thereafter the Company's ’s obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors Chief Financial Officer and/or CEO shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 1 contract

Samples: Executive Employment Agreement (Dri Corp)

Termination for Cause by the Company. The Company may, without liability, terminate the Executive's employment hereunder for cause at any time upon written notice from the Board of Directors specifying such cause, and thereafter the Company's obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:and

Appears in 1 contract

Samples: Executive Employment Agreement (American Aircarriers Support Inc)

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Termination for Cause by the Company. The Company may, without liability, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board of Directors specifying such cause, and thereafter the Company's ’s obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors Company shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 1 contract

Samples: Executive Employment Agreement (Dri Corp)

Termination for Cause by the Company. The Notwithstanding anything herein to the contrary, the Company may, without liability, terminate the Executive's employment hereunder for cause at any time upon five days written notice from the Board of Directors specifying such causenotice, and thereafter the Company's obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are shall be one or more of the following:

Appears in 1 contract

Samples: Employment Agreement (Medix Resources Inc)

Termination for Cause by the Company. The Company may, without liabilityliability or additional obligation, terminate the Executive's ’s employment hereunder for cause at any time upon written notice from the Board of Directors CEO specifying such cause, and thereafter the Company's ’s obligations hereunder shall cease and terminate; provided, however, that such written notice shall not be delivered until after the Board of Directors CEO shall have given the Executive written notice specifying the conduct alleged to have constituted such cause and the Executive has failed to cure such conduct, if curable, within fifteen (15) days following receipt of such notice. Grounds for termination "for cause" are one or more of the following:

Appears in 1 contract

Samples: Executive Employment Agreement (Dri Corp)

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