Common use of Cause; Voluntary Termination Clause in Contracts

Cause; Voluntary Termination. 4.3.1 In the event of the conviction of the Executive of any felony involving intentional conduct on the part of the Executive, the conviction of the Executive of any lesser crime or offense involving the illegal use or conversion of property of the Employers or any of their subsidiaries or affiliates, the willful misconduct by the Executive in connection with the performance of the Executive's duties hereunder (which shall not be deemed to include an action by the Executive taken in good faith in the best interest of the Employers) or the continued breach by the Executive of any material provision of this Agreement after notice of such breach has been actually received by the Executive from the Employers (the "deemed receipt" provisions of Article 8 hereof being inapplicable to this Section 4.3.1), the Employers may at any time, by written notice to the Executive, terminate the Term (a "Termination For Cause"), and upon such Termination For Cause, the Term shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder; provided, that the Employers shall be obligated to pay to the Executive in exchange for a release in form and substance acceptable to the Employers acting reasonably, within 60 days of the date of termination, all unpaid Base Salary accrued, and provide the Executive with all benefits and expense reimbursement to which the Executive would otherwise be entitled, through and including the date of termination.

Cause; Voluntary Termination. 4.3.1 In the event of the conviction of the Executive of any felony involving intentional conduct on the part of the Executive, the conviction of the Executive of any lesser crime or offense involving the illegal use or conversion of property of the Employers or any of their subsidiaries or affiliates, the willful misconduct by the Executive in connection with the performance of the Executive's duties hereunder (which shall not be deemed to include an action by the Executive taken in good faith in the best interest of the Employers) or the continued breach by the Executive of any material provision of this Agreement after notice of such breach has been actually received by the Executive from the Employers (the "deemed receipt" provisions of Article 8 hereof being inapplicable to this Section 4.3.1), the Employers may at any time, by written notice to the Executive, terminate the Term (a "Termination For Cause")) and, and upon such Termination For Cause, the Term shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder; provided, that the Employers shall be obligated to pay to the Executive in exchange for a release in form and substance acceptable to the Employers acting reasonablyExecutive, within 60 days of the date of termination, all unpaid Base Salary accrued, and provide the Executive with all benefits and expense reimbursement to which the Executive would otherwise be entitled, through and including the date of termination.

Cause; Voluntary Termination. 4.3.1 In the event of the conviction of the Executive of any felony involving intentional conduct on the part of the Executive, the conviction of the Executive of any lesser crime or offense involving the illegal use or conversion of property of the Employers or any of their subsidiaries or affiliates, the willful misconduct by the Executive in connection with the performance of the Executive's duties hereunder (which shall not be deemed to include an action by the Executive taken in good faith in the best interest of the Employers) or the continued breach by the Executive of any material provision of this Agreement after notice of such breach has been actually received by the Executive from the Employers (the "deemed receipt" provisions of Article 8 hereof being inapplicable to this Section 4.3.1), the Employers may at any time, by written notice to the Executive, terminate the Term (a "Termination For Cause")) and, and upon such Termination For Cause, the Term shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder; provided, that the Employers shall be obligated to pay to the Executive in exchange for a release in form and substance acceptable to the Employers acting reasonably, within 60 days of the date of termination, all unpaid Base Salary accrued, and provide the Executive with all benefits and expense reimbursement to which the Executive would otherwise be entitled, through and including the date of termination.

Cause; Voluntary Termination. 4.3.1 In the event of the conviction of the Executive of any felony involving intentional conduct on the part of the Executive, the conviction of the Executive of any lesser crime or offense involving the illegal use or conversion of property of the Employers or any of their subsidiaries or affiliates, the willful misconduct by the Executive in connection with the performance of the Executive's duties hereunder (which shall not be deemed to include an action by the Executive taken in good faith in the best interest of the Employers) or the continued breach by the Executive of any material provision of this Agreement after notice of such breach has been actually received by the Executive from the Employers (the "deemed receipt" provisions of Article 8 hereof being inapplicable to this Section 4.3.1), the Employers may at any time, by written notice to the Executive, terminate the Term (a "Termination For Cause")) and, and upon such Termination For Cause, the Term shall terminate and the Executive shall be entitled to receive no further amounts or benefits hereunder; provided, that the Employers shall be obligated to pay to the Executive in exchange for a release in form and substance acceptable to the Employers acting reasonably, within 60 days of the date of termination, all unpaid Base Salary accrued, and provide the Executive with all benefits and expense reimbursement to which the Executive would otherwise be entitled, through and including the date of termination.