BY THE COMPANY WITHOUT CAUSE OR BY EXECUTIVE WITH GOOD REASON Sample Clauses

BY THE COMPANY WITHOUT CAUSE OR BY EXECUTIVE WITH GOOD REASON. In the event the Company terminates this Agreement without Cause (as defined below), other than due to Executive's death or Disability, or if Executive terminates this Agreement for Good Reason, the Company shall continue to pay to Executive his annual base salary in accordance with Section 2(a) hereof, as in effect at the date of termination, (i) until the third anniversary of the date of this Agreement, if such termination occurs within thirty (30) months after the date hereof, or (ii) for a period of six (6) months after such termination, if such termination occurs on or after the date which is thirty (30) months after the date of this Agreement. In the event of any termination pursuant to this Section 8(d), bonus compensation pursuant to Section 2(b) hereof shall cease to accrue at the end of the month in which such termination becomes effective and shall be payable on a pro-rated basis through such month no later than sixty (60) days after the end of the Company's fiscal year in which the termination becomes effective. The obligations of Executive set forth in Sections 4 through 7 hereof shall survive any termination of this Agreement pursuant to this Section 8(d).
Sample 1
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BY THE COMPANY WITHOUT CAUSE OR BY EXECUTIVE WITH GOOD REASON. The Employment Term and Executive’s employment hereunder (i) may be terminated by the Company at any time without Cause, and (ii) may be terminated by Executive for Good Reason. If Executive’s employment is terminated pursuant to this Section 4(c), then Executive shall be entitled to receive:
Sample 1

Related to BY THE COMPANY WITHOUT CAUSE OR BY EXECUTIVE WITH GOOD REASON

  • Termination by the Company Without Cause or by Executive for Good Reason If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason:

  • Termination by the Company for Cause or by Executive Without Good Reason If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive all amounts earned or accrued hereunder through the termination date, including:

  • By the Company Without Cause or Resignation by Executive for Good Reason (i) The Employment Term and Executive’s employment hereunder may be terminated by the Company without Cause or by Executive’s resignation for Good Reason.

  • Termination by Company without Cause or by Executive for Good Reason If Executive's employment is terminated by the Company without Cause or by Executive for Good Reason:

  • By the Company For Cause or By Executive Resignation Without Good Reason (i) The Employment Term and Executive's employment hereunder may be terminated by the Company for Cause (as defined below) and shall terminate automatically upon Executive's resignation without Good Reason (as defined in Section 7(c)).

  • Termination Without Cause or by Executive for Good Reason (a) Company and Executive each reserve the right to terminate Executive’s employment at any time. If a Termination Date occurs due to Company terminating Executive without Cause or Executive terminating for Good Reason (as defined herein), then Company or its successor shall have no further obligations under this Agreement except that Company or its successor shall pay to Executive the amounts shown in Section 4.5(c) hereof.

  • By the Company Without Cause or By the Executive for Good Reason If during the Term the Executive’s employment is terminated by the Company other than for Cause, death or Disability or if the Executive terminates his employment for Good Reason, then :

  • By the Company for Cause or by the Executive Without Good Reason If: (i) the Company terminates the Executive’s employment with the Company for “Cause” (as defined below); or (ii) the Executive voluntarily terminates the Executive’s employment without “Good Reason” (as defined below), the Executive shall be entitled to receive the following:

  • Termination by the Company Without Cause or by the Executive with Good Reason During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release:

  • Termination by Employer Without Cause or by Executive for Good Reason If Employer terminates Executive’s employment without Cause, or if Executive terminates his employment for Good Reason, Employer shall pay Executive in a lump sum: (i) all Base Salary earned and all reimbursable expenses incurred under this Agreement through such termination date; and (ii) an amount equal to one (1) times Executive’s highest Base Salary over the prior three (3) years. The amount described in 5.b.(i) herein shall be paid no later than forty-five (45) days after the day on which employment is terminated. The amount described in 5.b.(ii) herein shall be paid on the first day of the month following a period of six (6) months after the termination of employment, provided that the payment may be made sooner if either (i) the amount does not exceed the IRC Safe Harbor or (ii) at the Executive’s election, the amount described in Section 5.a.(ii) is reduced to fit within the IRC Safe Harbor. No payment will be made pursuant to Section 5.a.(ii) unless the Executive has signed a Release Agreement which has become irrevocable prior to the payment date.

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