Terminated Without Cause definition

Terminated Without Cause means the cessation of Executive’s employment hereunder for any reason except:
Terminated Without Cause means termination of Executive’s employment by the Company other than in connection with Executive’s Disability pursuant to Section 7 hereof, death pursuant to Section 8 hereof or Constructive Discharge pursuant to Sections 9(a) or 9(b) hereof, or the Company’s Termination for Cause of Executive.

Examples of Terminated Without Cause in a sentence

  • Notwithstanding the foregoing, in the event Grantee’s employment is Terminated Without Cause after Grantee becomes eligible for retirement at or after age 62, then Section 1(b) shall govern.

  • If your Award includes a Performance Share Award and your employment is Involuntarily Terminated Without Cause prior to the end of the Performance Period, you may be entitled to a prorated Performance Share Award.

  • In addition, the Executive may resign for any reason at any time during the twelve month period following a Change in Control (as defined below) and receive the same salary continuation, bonus eligibility and benefits as if the Executive were Terminated Without Cause pursuant to Section 10(d) of this Agreement.

  • If at any time during the term of this Agreement, Employee is Terminated Without Cause, then Employee shall be entitled to be paid a Severance Payment equal to (i) one times (1x) employee’s Base Annual salary rate and (ii) a Severance Bonus equivalent to one times (1x) the bonus earned or paid for the previous fiscal year pursuant to Section 3 (a) and 3 (b).

  • In addition, the Executive may resign for any reason at any time during the twelve month period following a Change in Control (as defined below) and receive the same salary continuation, bonus eligibility and benefits as if the Executive were Terminated Without Cause pursuant to Section 9(d) of this Agreement.


More Definitions of Terminated Without Cause

Terminated Without Cause have the meaning attributed to such terms in section 6.3;
Terminated Without Cause means termination of the Executive’s employment by the Company other than due to (a) the Executive’s death or Disability or (b) a Termination for Cause.
Terminated Without Cause means termination by reason of layoff or reduction in force or for any other reason except "Employee's Voluntary Act" or "Termination for Cause" by Employer. The term "Employee's Voluntary Act" shall mean resignation or quitting by Employee unless such resignation or quitting is preceded by, or reasonably contemporaneous with, a "Change in Control". The term "Termination for Cause" shall mean a termination of Employee arising from gross incompetence, insubordination, dishonesty in performance of company duties, or conviction of fraud, theft, embezzlement or any felony. However, any termination for insubordination is subject to written notice by Employer and a thirty (30) day cure period to correct the alleged insubordination. The term "Change in Control" shall mean a change of the holders of 50% or more of the equity of Employer (other than as a result of the issuance of equity to creditors on emergence from bankruptcy pursuant to a plan of reorganization proposed by Employer), a change in the majority of the Board of Directors of Employer (other than pursuant to a plan of reorganization proposed by Employer), merger with less than 50% of the merged entity owned by pre-merger shareholders, or sale or abandonment of more than 50% of Employer's revenue-generating assets.
Terminated Without Cause shall be defined as set forth in the Employment Agreement. Notwithstanding the foregoing, if the Executive’s employment is Terminated without Cause, the provisions of this paragraph (d) shall apply, and the provisions of paragraph 4(e) with respect to Retirement shall apply only if the Executive executes and returns to the Company a general release and waiver of all claims against the Company as required under the Employment Agreement. Subject to paragraphs (c) and (d) above, the Option may be exercised on or after the Date of Termination only as to that portion of the Covered Shares for which it was exercisable immediately prior to (or became exercisable on) the Date of Termination. Notwithstanding the foregoing provisions of this paragraph 3, as of the Participant’s Date of Termination for Cause, the Option shall be canceled as to any Covered Shares as to which it has not previously been exercised.
Terminated Without Cause means a termination of your employment by HNC without a determination by the HNC Board or a committee of the HNC Board that Cause exists for such termination.
Terminated Without Cause means the Participants termination was not due to malfeasance, including the commission of any fraud or felony, or the material breach of his or her employment obligations, as determined by the Board.