Common use of Termination for Cause or Other Than for Good Reason Clause in Contracts

Termination for Cause or Other Than for Good Reason. Following a Change in Control of the Company, if the Executive’s employment is terminated either: (a) by the Company for Cause; or (b) by the Executive (other than for Good Reason), the Company will pay the Executive an amount equal to the Executive’s Base Salary and accrued vacation through the Date of Separation from Service, at the rate then in effect, plus all other amounts to which the Executive is entitled under any plans of the Company, at the time such payments are due and the Company will have no further obligations to the Executive under this Agreement. Section 3.07.

Appears in 4 contracts

Samples: 97955201v2 Executive Severance Agreement (Arcadium Lithium PLC), 97955151v2 Executive Severance Agreement (Arcadium Lithium PLC), Executive Severance Agreement (Livent Corp.)

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Termination for Cause or Other Than for Good Reason. Following a Change in Control of the CompanyControl, if the Executive’s employment is terminated either: (a) by the Company for Cause; or (b) by the Executive (other than for death or Disability and other than for Good Reason), the Company will shall pay the Executive an amount equal to the Executive’s his full Base Salary and accrued vacation through the Effective Date of Separation from ServiceTermination, at the rate then in effect, plus all other amounts to which the Executive is entitled under any compensation plans of the Company, at the time such payments are due due, and the Company will shall have no further obligations to the Executive under this Agreement. Section 3.07.

Appears in 2 contracts

Samples: Severance Agreement (Applied Films Corp), Severance Agreement (Applied Films Corp)

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Termination for Cause or Other Than for Good Reason. Following a Change in Control of the Company, if the Executive’s employment is terminated either: (a) by the Company for Cause; or (b) by the Executive (other than for Good Reason), the Company will pay the Executive an amount equal to the Executive’s Base Salary and accrued vacation through the Date of Separation from Service, at the rate then in effect, plus all other amounts to which the Executive is entitled under any plans of the Company, at the time such payments are due and the Company will have no further obligations to the Executive under this Agreement. Section 3.073.7.

Appears in 1 contract

Samples: Executive Severance Agreement (FMC Corp)

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