Termination for Cause; Voluntary Termination. If the Executive's employment shall be terminated by the Company for Cause or the Executive terminates his employment prior to the end of the Employment Period on his own initiative (other than due to Constructive Termination, death or Disability), this Agreement shall terminate without further obligation to the Executive other than the obligation to pay to the Executive his Annual Base Salary through the Date of Termination to the extent theretofore unpaid and the Other Benefits through the Date of Termination.
Appears in 5 contracts
Samples: Employment Agreement (Prism Acquisition Subsidiary Inc), Employment Agreement (Prism Financial Corp), Employment Agreement (Prism Financial Corp)
Termination for Cause; Voluntary Termination. If the Executive's ExecutiveSection s employment shall be terminated by the Company for Cause or the Executive terminates his employment prior to the end of the Employment Period on his own initiative (other than due to Constructive Termination, death or Disability), this Agreement shall terminate without further obligation to the Executive other than the obligation to pay to the Executive his Annual Base Salary through the Date of Termination to the extent theretofore unpaid and the Other Benefits through the Date of Termination.
Appears in 1 contract
Samples: Employment Agreement (Prism Acquisition Subsidiary Inc)
Termination for Cause; Voluntary Termination. If the Executive's employment shall be is terminated by the Company for Cause Cause, or the Executive terminates his employment prior to the end of the Employment Period on his own initiative (other than due to Constructive Termination, death or Disability), if this Agreement is terminated by Executive, then the Company shall terminate without further obligation to the Executive other than the obligation to pay to the Executive his Annual Base Salary through the Date effective date of Termination to the extent theretofore unpaid such termination, plus credit for any vacation earned but not taken, plus Deferred Compensation as provided in Section 4.04(c) below, and the Other Benefits through the Date of TerminationCompany shall thereafter have no further obligations to Executive under this Agreement.
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