Common use of Termination for Cause or Voluntary Termination Clause in Contracts

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit plan.

Appears in 13 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

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Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 6 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause pursuant to Section 3(b) or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 5 contracts

Samples: Executive Employment Agreement (Thermadyne Australia Pty Ltd.), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Australia Pty Ltd.)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section Sections 3(a) or 3(d) above, this Agreement shall terminate and no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 4 contracts

Samples: Executive Employment Agreement (Thermadyne Australia Pty Ltd.), Executive Employment Agreement (Thermadyne Australia Pty Ltd.), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated by the Company for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above(without any Involuntary Termination), then no further compensation or benefits shall be paid to Employee after the date of terminationTermination Date, but Employee shall be entitled to receive benefits to which he Employee is or may become entitled pursuant to any benefit planplan plus any unpaid salary accrued through the Termination Date.

Appears in 4 contracts

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

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section Sections 3(a) or 3(d) above, this Agreement shall terminate and no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive his then current Basic Compensation through the date of termination and benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the this Employment Period is terminated for Cause pursuant to Section 3(b), or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) aboveEmployee, no further compensation or benefits shall be paid to Employee after the date of termination. However, but Employee shall may be entitled to receive benefits to which he is or may become entitled pursuant to the terms of any applicable benefit plan.

Appears in 3 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or is voluntarily terminated by the Employee for reasons other than those described in Section Sections 3(a) or 3(d) above), then no further compensation or benefits shall be paid to Employee after the date of termination, termination (other than compensation earned but not paid prior to the date of termination and expense reimbursement pursuant to Section 5) and any Equity Interest awarded to Employee shall be entitled governed as provided for under the applicable option plan or award or other agreement relating to receive benefits to which he is or may become entitled pursuant to any benefit planthe Equity Interest.

Appears in 3 contracts

Samples: Executive Employment Agreement (Walter Industries Inc /New/), Executive Employment Agreement (Mueller Group, Inc.), Executive Employment Agreement (Mueller Water Products, Inc.)

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Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but except as provided in Section 4(e). Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit plan.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section Sections 3(a), 3(c) or 3(d) above, this Agreement shall terminate and no further compensation or benefits shall be paid to Employee after the date of termination (other than Basic Compensation earned through the date of termination), but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit planplan which by its terms survive termination.”

Appears in 1 contract

Samples: Executive Employment Agreement (Victor Technologies Group, Inc.)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he she is or may become entitled pursuant to any benefit planplan which by its terms survive termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

Termination for Cause or Voluntary Termination. If the Employment Period is terminated for Cause or voluntarily by the Employee for reasons other than those described in Section 3(a) or 3(d(d) above, no further compensation or benefits shall be paid to Employee after the date of termination, but Employee shall be entitled to receive benefits to which he is or may become entitled pursuant to any benefit plan.Employee

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

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