Common use of Termination of Employment by the Corporation Clause in Contracts

Termination of Employment by the Corporation. The Corporation may terminate the employment of the Executive at any time for any reason; provided that except as set forth in Sections 6 and 7, the Corporation shall provide the Executive with Continuation Benefits as set forth in Section 4 if the Executive's employment is involuntarily terminated during the term of the Agreement. The Executive's employment shall be deemed to be involuntarily terminated if he is terminated by the Corporation for any reason other than for "cause" as defined in Section 6, or if he voluntarily terminates employment because:

Appears in 8 contracts

Samples: Employment Agreement (Wachovia Corp/ Nc), Employment Agreement (Wachovia Corp/ Nc), Employment Agreement (Wachovia Corp/ Nc)

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Termination of Employment by the Corporation. The Corporation may terminate the employment of the Executive at any time for any reason; provided that except as set forth in Sections 6 and 7, the Corporation shall provide the Executive with Continuation Benefits as set forth in Section 4 if the Executive's employment is involuntarily terminated during the term of the Agreement. The Executive's employment shall be deemed to be involuntarily terminated if he is terminated by the Corporation for any reason other than for "cause" as defined in Section 6, or if he voluntarily terminates employment because:;

Appears in 1 contract

Samples: Employment Agreement (Wachovia Corp/ Nc)

Termination of Employment by the Corporation. The Corporation may terminate the employment of the Executive at any time for any reason; provided provided, that except as set forth in Sections 6 and 7, the Corporation shall will provide the Executive with Continuation Benefits as set forth Compensation Continuance to the extent described in Section 4 if the Executive's employment is involuntarily terminated during the term of the Agreementterminated. The Executive's employment shall be deemed to be involuntarily terminated if he is terminated by the Corporation for any reason other than for "cause" as defined in Section 6, or if he voluntarily terminates employment because:be

Appears in 1 contract

Samples: Employment Agreement (Wachovia Corp/ Nc)

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Termination of Employment by the Corporation. The Corporation may -------------------------------------------- terminate the employment of the Executive at any time for any reason; provided that except as set forth in Sections 6 and 7, the Corporation shall provide the Executive with Continuation Benefits as set forth in Section 4 if the Executive's employment is involuntarily terminated during the term of the Agreement. The Executive's employment shall be deemed to be involuntarily terminated if he is terminated by the Corporation for any reason other than for "cause" as defined in Section 6, or if he voluntarily terminates employment because:

Appears in 1 contract

Samples: Employment Agreement (Wachovia Corp/ Nc)

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