Common use of Termination Without Cause; Constructive Termination Without Cause Clause in Contracts

Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness of the general release of claims set forth in Section 7(f), pay the Executive a lump-sum severance payment of cash equal to the product of the Base Salary times 3.

Appears in 5 contracts

Samples: Employment Agreement (NTL Inc), Employment Agreement (NTL Inc), Employment Agreement (NTL Inc)

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Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness Executive's execution and delivery to the Company of the general release of claims set forth in Section 7(f), pay the Executive a lump-sum severance payment of cash equal to the product of the Base Salary times 3.

Appears in 3 contracts

Samples: Employment Agreement (NTL Inc), Employment Agreement (NTL Inc), Employment Agreement (NTL Inc)

Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness Executive’s execution and delivery to the Company of the general release of claims set forth in Section 7(f)) and, pay following the expiration of any applicable revocation period, cause the Executive to be paid a lump-sum severance payment of cash equal to the product of the Base Salary times 3.

Appears in 2 contracts

Samples: Employment Agreement (NTL Inc), Employment Agreement (NTL Inc)

Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness of the general release of claims set forth in Section 7(f), pay the Executive a lump-sum severance payment of cash equal to the product Base Salary. This sum may be paid in a lump sum or in twelve (12) equal monthly payments payable on the first day of the Base Salary times 3each month following termination.

Appears in 1 contract

Samples: Employment Agreement (Skylynx Communications Inc)

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Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness Executive's execution and delivery to the Company of the general release of claims set forth in Section 7(f), pay the Executive a lump-sum severance payment of cash equal to the product of the Base Salary times 3. This sum shall be subject to deductions for income tax and national insurance contributions.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Termination Without Cause; Constructive Termination Without Cause. Upon a Termination Without Cause or a Constructive Termination Without Cause, the Company shall, as soon as practicable following the effectiveness Executive's execution and delivery to the Company of the general release of claims set forth in Section 7(f)7(g) and, pay following the expiration of any applicable revocation period, cause the Executive to be paid a lump-sum severance payment of cash equal to the product of the Base Salary times 3.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

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