Discharge Without Cause definition

Discharge Without Cause means the Company’s termination of Executive’s employment hereunder during the Term for any reason other than a Discharge For Cause or due to Executive’s death or permanent disability.
Discharge Without Cause means the Company’s termination of Employee’s employment hereunder during the term hereof for any reason other than a Discharge For Cause or due to Employee’s death or Permanent Disability. 2.11 Effective Date: “Effective Date” shall mean the date of the Closing.
Discharge Without Cause means the Bcom3 Company that employs the Executive has ----------------------- terminated his or her employment, other than for Cause, and the Executive has not been offered immediate equivalent employment, on terms that would not constitute a Constructive Discharge, with another Bcom3 Company (or another company under common ownership and control with the Bcom3 Companies).

Examples of Discharge Without Cause in a sentence

  • Other than Executive’s claims for earned amounts required to be paid, as a condition to receiving Without Cause Severance Pay, Executive shall execute a release of claims in the form attached hereto as Exhibit B (a “Release”, and the effective date of such release shall be referred to herein as the “Release Effective Date”) within 30 days following the date of Executive’s Discharge Without Cause.

  • Other than the foregoing, Executive shall not be entitled to any compensation hereunder for subsequent periods upon Executive’s termination of employment upon a Discharge Without Cause.

  • In addition, if the Executive is terminated in a Discharge Without Cause in the fourth calendar quarter of a year and the Executive and Company achieves the financial objectives on which Executive’s Annual Bonus for such year is based, then Executive shall be eligible to receive a pro-rata share of the Annual Bonus for such (pro-rata based on number of days Executive is employed by the Company in the year of his termination).

  • If Executive’s employment is terminated by the Company as a Discharge Without Cause, the Company shall continue, subject to Executive’s compliance with the obligations set forth in Sections 4(h), (i), (j) and (k), to pay to Executive an amount equal to Executive’s base salary, as provided in Section 3(a), at the annual rate in effect at the time of termination, for a period equal to six (6) months from the date of such termination (“Without Cause Severance Pay”).


More Definitions of Discharge Without Cause

Discharge Without Cause means a termination of employment by the Company other than for Permanent Disability, Retirement or death, and other than for Discharge for Cause.
Discharge Without Cause means termination of Grantee’s employment by the Company except for any of the following: (i) a material and serious breach or neglect of Grantee’s responsibilities; (ii) willful violation or disregard by Grantee of standards of conduct established by law; (iii) willful violation or disregard by Grantee of standards of conduct established by Company policy as may from time to time be communicated to Grantee; (iv) fraud, willful misconduct, misappropriation of funds or other dishonesty committed by Grantee; or (v) Grantee’s conviction of a crime of moral turpitude.
Discharge Without Cause shall have the meaning ascribed to it in Section 6.2 below.
Discharge Without Cause means a termination by the Company of the Executive from his employment that is not a Discharge for Cause.
Discharge Without Cause means a termination of the employment relationship between the Employee and the Company and its Affiliates due to a discharge of the Employee by the Company or an Affiliate, other than a Discharge for Cause.
Discharge Without Cause means the Company's termination of Executive's employment hereunder during the Term (as defined in Section 4.1 below) for any reason other than a Discharge For Cause or due to Executive's death or Permanent Disability. -3- 2.13 Permanent Disability: "Permanent Disability" shall mean Executive's inability to perform Executive's duties hereunder due to a physical or mental condition for (i) a period of one hundred twenty (120) consecutive days, or (ii) an aggregate of ninety (180) days in any twelve (12) month period.

Related to Discharge Without Cause

  • Discharge for Cause means a discharge resulting from Employee having (i) committed any act involving moral turpitude, dishonesty, or fraud that, in the good faith opinion of Company, causes a material harm to Company, (ii) failed or refused to follow legal and reasonable policies or directives established and previously given to Employee in writing by Company, (iii) willfully failed to attend to his duties after ten (10) days prior written notice of failure to so act, (iv) committed acts amounting to gross negligence or willful misconduct to the material detriment of Company, or (v) otherwise materially breached any of the terms or provisions of this Agreement after ten (10) days prior written notice of such material breach and failure to cure such breach. Employee shall be deemed to have been discharged for cause upon delivery to Employee of a "Notice of Termination" stating the "Date of Termination" and specifying the particulars of the conduct justifying discharge for cause. Furthermore, if the Employee is terminated without cause, then the Company agrees, if requested by Employee for the sole purpose of exercising any vested options that Employee has the right to exercise, to loan to the Employee an amount equal to (i) the full exercise price of all vested options that the Employee has the right to exercise less (ii) the par value of such shares as are to be exercised. The terms of the loan shall be that it shall be (a) secured by the stock to be purchased, (b) be otherwise non-recourse to the Employee, (c) bear interest at the prime rate of interest as published from time to time in The Wall Street Journal, and (d) be fully due and payable, principal and interest, two (2) years from the date of termination.