Common use of Voluntary Termination by the Company Clause in Contracts

Voluntary Termination by the Company. The Company may terminate ------------------------------------ Executive's employment for "Company's Good Reason," which for purposes of this ------ Agreement shall mean a material breach by Executive of any material provision of this Agreement or violation in any material respect of a written directive of the Board in accordance with Section 2 which has not been cured within ten (10) days after written notice to Executive.

Appears in 2 contracts

Samples: Employment Agreement (Muzak LLC), Employment Agreement (Muzak Holdings LLC)

AutoNDA by SimpleDocs

Voluntary Termination by the Company. The Company may terminate ------------------------------------ Executive's employment (i) for "Company's Good Reason," which for purposes of this ------ Agreement shall mean a material breach by Executive of any material provision of this Agreement or violation in any material respect of a written directive of the Board in accordance with Section 2 which has not been cured within ten (10) days after written notice to Executive, or (ii) for any other reason or for no reason, in each case, subject to payment of the termination payments, if any, specified in Paragraph 7 hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Muzak Finance Corp)

Voluntary Termination by the Company. The Company may terminate ------------------------------------ Executive's employment ’s employment, upon written notice to Executive, (i) for "Company's ’s Good Reason," which for purposes of this ------ Agreement shall mean a material breach by Executive of any material provision of this Agreement or violation in any material respect of a written directive of the Board in accordance with Section 2 which has not been cured within ten (10) days after written notice to ExecutiveExecutive of any material provision of this Agreement, violation in any material respect of a written directive of the Board, or violation of a material Company policy, or (ii) for any other reason or for no reason, in each case, subject to payment of the termination payments, if any, specified in Section 7 hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Muzak Holdings Finance Corp)

Voluntary Termination by the Company. The Company may terminate ------------------------------------ Executive's employment employment, upon written notice to Executive, (i) for "Company's Good Reason," which for purposes of this ------ Agreement shall mean a material breach by Executive of any material provision of this Agreement or violation in any material respect of a written directive of the Board in accordance with Section 2 which has not been cured within ten (10) days after written notice to ExecutiveExecutive of any material provision of this Agreement, violation in any material respect of a written directive of the Board, or violation of a material Company policy, or (ii) for any other reason or for no reason, in each case, subject to payment of the termination payments, if any, specified in Section 7 hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Muzak Holdings LLC)

AutoNDA by SimpleDocs

Voluntary Termination by the Company. The Company may ------------------------------------ terminate ------------------------------------ Executive's employment employment, upon written notice to Executive, (i) for "Company's Good Reason," which for purposes of this ------ Agreement shall mean a material breach by Executive of any material provision of this Agreement or violation in any material respect of a written directive material Company policy, or (ii) for any other reason or for no reason, in each case, subject to payment of the Board termination payments, if any, specified in accordance with Section 2 which has not been cured within ten (10) days after written notice to Executive7 hereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Muzak Finance Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.