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

Termination for Cause or Other Than for Good Reason. etc. If the Company terminates Executive's employment for Cause (whether before --- or after a Change of Control) or Executive terminates his employment other than for Good Reason, death or Disability, or Executive Termination, the Company shall pay to Executive immediately after the Date of Termination an amount equal to the sum of Executive's Accrued Base Salary and Accrued Annual Bonus and Executive shall not be entitled to receive any severance payment.

Appears in 2 contracts

Samples: Employment Agreement (Amcol International Corp), Employment Agreement (Amcol International Corp)

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Termination for Cause or Other Than for Good Reason. etc. (a) If the Company terminates Executive's ’s employment for Cause (whether before --- or after a Change of Control) or Executive terminates his employment other than for Good Reason, death or Disability, or Executive Termination, the Company shall pay to Executive immediately after the Date of Termination an amount equal to the sum of Executive's ’s Accrued Base Salary and Salary, Accrued Annual Bonus and Incurred Expenses. Executive shall not be entitled to receive any severance paymentthe Prorata Annual Bonus or the Severance Package.

Appears in 2 contracts

Samples: Executive Employment Agreement (O2 Secure Wireless, Inc.), Executive Employment Agreement (O2 Secure Wireless, Inc.)

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Termination for Cause or Other Than for Good Reason. etc. If the Company terminates Executive's ’s employment for Cause (whether before --- or after a Change of Control) or Executive terminates his employment other than for Good Reason, death or Disability, or Executive Termination, the Company shall pay to Executive immediately after the Date of Termination an amount equal to the sum of Executive's ’s Accrued Base Salary and Accrued Annual Bonus and Executive shall not be entitled to receive any severance paymentBonus.

Appears in 1 contract

Samples: Employment Agreement (Davi Skin, Inc.)

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