Common use of Without Cause by the Company Clause in Contracts

Without Cause by the Company. If Executive's employment is terminated by the Company (including a termination of this Agreement by the Company as provided in Section 1) without "Cause" (other than by reason of Disability or death), Executive shall receive, as promptly as practicable following such termination, but in any event not later than ten (10) business days following such termination, a lump sum payment in cash equal to the sum of:

Appears in 4 contracts

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

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Without Cause by the Company. If ExecutiveEmployee's employment is terminated by the Company (including a termination of this Agreement by the Company as provided in Section 1) without "Cause" (other than by reason of Disability or death), Executive Employee shall receive, as promptly as practicable following such termination, but in any event not later than ten (10) business days following such termination, a lump sum payment in cash equal to the sum of:

Appears in 1 contract

Samples: Employment Agreement (Pri Automation Inc)

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Without Cause by the Company. If Executive's employment is terminated by the Company (including a termination of this Agreement by means of six (6) months prior notice of termination by the Company as provided in Section 11 hereof) without "Cause" (other than by reason of Disability or death), Executive shall receive, as promptly as practicable following such termination, but in any event not later than ten (10) business days following such termination, a lump sum payment in cash equal to the sum of:

Appears in 1 contract

Samples: Employment Agreement (Microfinancial Inc)

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