Common use of Termination for Good Cause Clause in Contracts

Termination for Good Cause. The Executive may terminate his Employment for Good Cause at any time within 180 days (730 days if the Good Cause is the occurrence of a Change of Control) after the Executive becomes consciously aware that the facts and circumstances constituting that Good Cause exist and are continuing by giving the Company 14 days' prior written notice that the Executive intends to terminate his Employment for Good Cause, which notice will identify that Good Cause; provided, however, that if a Change of Control occurs, the Executive shall not have Good Cause to terminate his Employment solely by reason of the occurrence of that event until 270 days after that occurrence.

Appears in 9 contracts

Samples: Employment Agreement (Innovative Valve Technologies Inc), Employment Agreement (Innovative Valve Technologies Inc), Employment Agreement (Innovative Valve Technologies Inc)

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Termination for Good Cause. The Executive may terminate his Employment for Good Cause at any time within 180 days (730 days if the Good Cause is the occurrence of a Change of Control) after the Executive becomes consciously aware that the facts and circumstances constituting that Good Cause exist and are continuing by giving the Company 14 30 days' prior written notice that the Executive intends to terminate his Employment for Good Cause, which notice will identify state with specificity the basis for Executive’s contention that Good Cause; provided, however, that if a Change of Control occurs, the Cause exists. The Executive shall may not have terminate for Good Cause if the facts and circumstances constituting Good Cause are substantially cured by the Company within 30 days following notice to terminate his Employment solely by reason of the occurrence of that event until 270 days after that occurrenceCompany.

Appears in 1 contract

Samples: Employment Agreement (First Cash Financial Services Inc)

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