Common use of Termination Without Cause by the Company Clause in Contracts

Termination Without Cause by the Company. The Company may terminate Executive's employment hereunder at any time without cause upon 30 days written notice to Executive or pay in lieu thereof.

Appears in 3 contracts

Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

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Termination Without Cause by the Company. The Company may terminate the Executive's ’s employment hereunder at any time during the Term without cause upon 30 days written Cause by delivering to the Executive a Notice of Termination 6 months in advance of the date of termination; provided that as part of such notice to the Company may request that the Executive or pay immediately tender the resignations contemplated by Section 4.8 and otherwise cease performing his duties hereunder. The date of termination shall be the date set forth in lieu thereofthe Notice of Termination.

Appears in 3 contracts

Samples: Employment Agreement (Orthofix International N V), Employment Contract (Orthofix International N V), Employment Contract (Orthofix Medical Inc.)

Termination Without Cause by the Company. (a) The Company may terminate Executive's the employment hereunder of the Executive without just cause at any time without cause upon 30 days written by providing the Executive notice to Executive or pay in lieu thereof.of such notice and severance pay, if applicable, in the amount of six (6) months’ Base Salary:

Appears in 2 contracts

Samples: Executive Employment Agreement (Western Magnesium Corp.), Executive Employment Agreement (Western Magnesium Corp.)

Termination Without Cause by the Company. The Company may immediately terminate the Employment Term under this Agreement, at any time, without any cause or reason, upon ninety (90) days prior written notice to Executive. If Company chooses to terminate Executive's employment under this Section 12(b) by providing the appropriate notice, Company may opt to have Executive cease working at any time prior to the expiration of the ninety (90) day period so long as Company fully compensates Executive for the portion of time that Executive would have otherwise been paid during the remainder of the ninety (90) day notice period. The Company may terminate Executive's employment hereunder at any time without cause upon 30 days written notice to Executive or pay in lieu thereofthe Employment Term under this provision notwithstanding the existence of cause.

Appears in 1 contract

Samples: Employment Agreement (Bakers Footwear Group Inc)

Termination Without Cause by the Company. The Company may terminate Executive's employment hereunder at any time time, without cause cause, upon 30 days written notice to Executive. In the event of termination pursuant to this paragraph, the Company shall pay the Executive or pay in lieu thereofhis entire outstanding Base Annual Salary for the duration of the Employment Period within ten (10) business days from the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Stratford Acquisition Corp)

Termination Without Cause by the Company. The Company may terminate the Executive's ’s employment hereunder at any time twelve (12) weeks following notice of termination without cause upon 30 days written notice to Executive or pay Cause given by the Company and, in lieu thereofsuch event, his employment shall terminate.

Appears in 1 contract

Samples: Employment Agreement (Foster Wheeler LTD)

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Termination Without Cause by the Company. The Company may terminate Executive's ’s employment hereunder for any reason other than Cause, death or Disability. At the Company’s sole discretion, such termination may be made effective immediately, may be effective at any time without cause upon 30 days written a later date as stated in such notice with the requirement that Executive continue working through such stated date, or the Company may direct Executive not to Executive or pay in lieu thereofreport to work unless otherwise requested by the Company (the “Garden Leave”).

Appears in 1 contract

Samples: Executive Employment Agreement (Citizens Financial Group Inc/Ri)

Termination Without Cause by the Company. The During the Term, the Company may terminate Executive's ’s employment hereunder under this Agreement at any time and for any reason without cause upon 30 days Cause by giving Executive written notice no less than ninety (90) calendar days in advance of the effective date of such termination. If the Company terminates Executive’s employment pursuant to the provisions of this Section 5(b), Executive or pay shall receive the compensation and benefits described in lieu thereofSections 6(a) and 6(b) hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Pozen Inc /Nc)

Termination Without Cause by the Company. The Company may shall have the right to terminate the Executive's ’s employment hereunder without Cause by providing at any time without cause upon 30 days least ninety (90) calendar days’ prior written notice thereof. If the Executive’s employment is terminated by the Company without Cause, the Company shall pay the Executive the following items to Executive or pay in lieu thereof.be constituted as a whole as a severance package (the “Severance”):

Appears in 1 contract

Samples: Executive Employment Agreement (Sirona Dental Systems, Inc.)

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