Common use of Termination by the Company for Cause Clause in Contracts

Termination by the Company for Cause. Employee’s employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 8 contracts

Samples: Severance Agreement (Pharmacopeia Inc), Severance Agreement (Pharmacopeia Inc), Severance Agreement (Pharmacopeia Inc)

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Termination by the Company for Cause. The Company may terminate Employee’s employment may be terminated by the Company for Cause (as defined below) at any time for Cause, effective upon delivery Employee’s receipt of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes In the event the Company terminates Employee’s employment for Cause, he shall be entitled only to the Accrued Obligations. Following such termination of Employee’s employment for Cause, except as set forth in this Section 8(c), Employee shall have no further rights to any compensation or any other benefits under this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:.

Appears in 7 contracts

Samples: Employment Agreement (United Maritime Group, LLC), Employment Agreement (United Maritime Group, LLC), Employment Agreement (United Maritime Group, LLC)

Termination by the Company for Cause. Employee’s employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary Base Salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 7 contracts

Samples: Employment Agreement (Pharmacopeia Inc), Severance Agreement (Pharmacopeia Drug Discovery Inc), Severance Agreement (Pharmacopeia Drug Discovery Inc)

Termination by the Company for Cause. The Company may terminate the Employee’s employment may be terminated by the Company under this Agreement for Cause “Cause” (as defined below) at any time upon delivery ). Any notice of written notice termination given pursuant to Employee. Upon such a termination, the Company this Section 1.1.2 shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more effect termination as of the following events or conditions:date specified, or, in the event no such date is specified, on the date upon which the notice is given.

Appears in 7 contracts

Samples: Retention Agreement (Active Network Inc), Retention Agreement (Active Network Inc), Retention Agreement (Active Network Inc)

Termination by the Company for Cause. The Company may terminate the Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior for Cause by providing to the effective date Employee a Notice of such termination. For purposes of this AgreementTermination, “Cause” means whereupon the occurrence of any one or more Employee shall be entitled to all of the following events or conditions:benefits and payments provided for under Section 10 hereof.

Appears in 4 contracts

Samples: Executive Employment Agreement (Verso Technologies Inc), Executive Employment Agreement (World Access Inc /New/), Executive Employment Agreement (World Access Inc /New/)

Termination by the Company for Cause. The Company may terminate the Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior for Cause by providing to the effective date Employee a Notice of such termination. For purposes of this AgreementTermination, “Cause” means whereupon the occurrence of any one or more Employee shall be entitled to all of the following events or conditions:benefits and payments provided for under Section 11 hereof.

Appears in 4 contracts

Samples: Executive Employment Agreement (Verso Technologies Inc), Executive Employment Agreement (World Access Inc /New/), Executive Employment Agreement (Cereus Technology Partners Inc)

Termination by the Company for Cause. The Company may terminate Employee’s employment may be terminated by the Company for Cause (as defined below) at any time for Cause, effective upon delivery Employee’s receipt of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes In the event the Company terminates Employee’s employment for Cause, he shall be entitled only to the Accrued Obligations. Following such termination of Employee’s employment for Cause, except as set forth in this Section 3(c), Employee shall have no further rights to any compensation or any other benefits under this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:.

Appears in 4 contracts

Samples: Non Interference and Severance Agreement, Non Interference and Severance Agreement (United Maritime Group, LLC), Non Interference and Severance Agreement (United Maritime Group, LLC)

Termination by the Company for Cause. Employee’s employment may be terminated by the The Company for Cause (as defined below) at any time may, upon delivery of written notice to Employee, terminate Employee's employment for proper cause. Upon such a termination, the Company Employee shall have no obligation right to Employee other than the payment of all accrued, but unpaid, base salary and receive any unpaid expenses compensation or expense reimbursements prior to benefit hereunder on or after the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one except for compensation then due and payable (or more of the following events or conditions:accrued for Employee's benefit) but remaining unpaid.

Appears in 4 contracts

Samples: Employment Agreement (TLC Vision Corp), Employment Agreement (TLC Vision Corp), Employment Agreement (Newcor Inc)

Termination by the Company for Cause. The Employee’s 's employment ------------------------------------ under this Agreement may be terminated by the Company for Cause (as defined below) "cause" at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than without further liability on the payment part of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such terminationCompany. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditionsa termination shall be for "cause" if:

Appears in 4 contracts

Samples: Employment Agreement (Albany Molecular Research Inc), Employment Agreement (Albany Molecular Research Inc), Employment Agreement (Albany Molecular Research Inc)

Termination by the Company for Cause. The Company shall have the right to terminate Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery for any of the following reasons (each of which is referred to herein as "Cause") by giving Employee written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses on or expense reimbursements prior to before the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:,

Appears in 3 contracts

Samples: Employment Agreement (Ecollege Com), Employment Agreement (Ecollege Com), Employment Agreement (Ecollege Com)

Termination by the Company for Cause. The Company may terminate Employee’s 's employment may be terminated by the Company hereunder for Cause (as defined belowherein) at any time upon delivery of written notice to Employee setting forth in reasonable detail the nature of such Cause. In the event that the Company terminates Employee. Upon such a termination's employment for Cause (or Employee resigns from his employment with the Company), the Company shall have no obligation not be obligated to pay any salary or other compensation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to after the effective date of such termination. For purposes , other than accrued and unpaid Base Salary through the date of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:termination.

Appears in 3 contracts

Samples: Employment Agreement (O2wireless Solutions Inc), Employment Agreement (O2wireless Solutions Inc), Employment Agreement (O2wireless Solutions Inc)

Termination by the Company for Cause. Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon by delivery of written notice of termination to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means shall mean the occurrence of any one or more of the following events events, as determined in the good faith judgment of the chief executive officer or conditionsthe Board of Directors of the Company:

Appears in 3 contracts

Samples: Employment Agreement (Novastar Financial Inc), Employment Agreement (Novastar Financial Inc), Employment Agreement (Novastar Financial Inc)

Termination by the Company for Cause. The Company may terminate the Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior for Cause by providing to the effective date Employee a Notice of such termination. For purposes of this AgreementTermination, “Cause” means whereupon the occurrence of any one or more Employee shall be entitled to all of the following events or conditions:benefits and payments provided for under Section 10.1 hereof.

Appears in 3 contracts

Samples: Executive Employment Agreement (Verso Technologies Inc), Executive Employment Agreement (Cereus Technology Partners Inc), Executive Employment Agreement (Verso Technologies Inc)

Termination by the Company for Cause. The Company may terminate Employee’s 's employment may be terminated by the Company hereunder for Cause (as defined below) cause at any time upon delivery of written notice to Employee. Upon such a termination, Employee setting forth in reasonable detail the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date nature of such cause. The following shall constitute "cause" for termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 2 contracts

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De)

Termination by the Company for Cause. (1) The Company may terminate the Employee’s 's employment may be terminated by the Company for Cause cause (as defined in sub-paragraph (b) below) at any time upon delivery compliance with the provisions of written notice to Employeesub-paragraph (c). Upon such a termination, the Company shall have no obligation further obligations to Employee the Employee, except for the compensation or other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements benefits due for a period prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:Termination.

Appears in 2 contracts

Samples: Agreement (Weststar Environmental Inc), Agreement (Weststar Environmental Inc)

Termination by the Company for Cause. Employee’s employment may be terminated by In the event that the Company terminates Employee's employment hereunder for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a terminationcause, the Company shall have no further obligation to Employee other than the payment of all accrued, but unpaid, for base salary and any unpaid expenses or expense reimbursements prior earned up to the effective date of such termination. For purposes Any such termination for cause shall be given by written notice to Employee setting forth in reasonable detail the nature of this Agreementsuch cause. As used herein, “Cause” means the occurrence of any one or more of the following events or conditionsterm "cause" shall mean:

Appears in 2 contracts

Samples: Severance Agreement (Applied Extrusion Technologies Inc /De), Severance Agreement (Applied Extrusion Technologies Inc /De)

Termination by the Company for Cause. The Employee’s 's employment hereunder may be terminated without further liability on the part of the Company effective immediately by the Company (acting through its President, Chief Executive Officer or Board), for Cause by written notice to the Employee setting forth in reasonable detail the nature of such Cause. Upon termination of employment by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a terminationCause, the Company Employee shall have be entitled to no obligation to Employee other than further compensation or benefits under this Agreement. Only the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of following shall constitute "Cause" for such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 2 contracts

Samples: Employment Agreement (Value America Inc /Va), Employment Agreement (Value America Inc /Va)

Termination by the Company for Cause. Employee’s The Company may terminate the employment may be terminated by of the Company Employee hereunder at any time during the Employment Period for Cause (as defined below) at any time upon delivery of written (such termination being referred to in this Agreement as a “Termination for Cause”) by giving the Employee notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination, upon the giving of which such termination shall take effect immediately. For purposes the purpose of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditionsgrounds, as determined by the Board in its reasonably judgment:

Appears in 2 contracts

Samples: Employment Agreement (Zai Lab LTD), Employment Agreement (Zai Lab LTD)

Termination by the Company for Cause. In the event that Employee’s 's employment may be is terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a terminationCause, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, "Cause" means the occurrence of any one or more of the following events or conditions:

Appears in 2 contracts

Samples: Severance Agreement (Pharmacopeia Drug Discovery Inc), Severance Agreement (Pharmacopeia Drug Discovery Inc)

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Termination by the Company for Cause. The Company may terminate Employee’s 's employment may be terminated by the Company hereunder for Cause (as defined below) cause at any time upon delivery of written notice to Employee. Upon such a termination, Employee setting forth in reasonable detail the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date nature of such terminationcause. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditionsshall constitute "cause" for termination:

Appears in 2 contracts

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De)

Termination by the Company for Cause. (a) Employee’s employment may be terminated at any time by the Company for Cause (as defined below) at any time upon delivery of written notice to EmployeeCause. Upon such a termination, the Company shall have no obligation to Employee other than (i) the payment of all accruedEmployee’s earned and unpaid Company Base Salary, but unpaidand accrued and unused vacation, base salary and (ii) Employee shall not be entitled to any unpaid expenses additional rights or expense reimbursements prior vesting or lapse of forfeiture restrictions with respect to the Stock Option following the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:.

Appears in 2 contracts

Samples: Amended And (Ruckus Wireless Inc), Employment Agreement (Ruckus Wireless Inc)

Termination by the Company for Cause. The Company may terminate the Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery during the Term of Employment by giving written notice to the Employee. Upon such In the event of a terminationtermination for Cause, the Company Employee shall have no obligation be entitled to Employee other than the payment of all accruedreceive, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence in lieu of any one or more of the following events or conditionsother compensation whatsoever:

Appears in 2 contracts

Samples: Employment Agreement (Station Casinos LLC), Employment Agreement (Red Rock Resorts, Inc.)

Termination by the Company for Cause. The Company has the right to terminate Employee’s 's employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of under this Agreement, by notice to Employee in writing at any time, (i) for "Cause” means " or (ii) due to the occurrence death or the Disability of any one or more Employee. Any such termination shall be effective upon the date of service of such notice pursuant to Section 6.6 hereof, except in the case of the following events or conditions:death, in which such termination shall become effective immediately upon the death of Employee.

Appears in 1 contract

Samples: Employment Agreement (Fortress Group Inc)

Termination by the Company for Cause. Employee’s employment The Employment may be terminated by the Company for Cause (as defined below) at any time without further liability on the part of the Company, except for payment of accrued base salary and benefits through the termination date, effective immediately upon delivery of written notice to Employee. Upon such a termination, Only the Company following shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, constitute “Cause” means the occurrence of any one or more of the following events or conditionsfor such termination:

Appears in 1 contract

Samples: Employment Agreement (Open Link Financial, Inc.)

Termination by the Company for Cause. In the event that Employee’s employment may be is terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a terminationCause, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 1 contract

Samples: Severance Agreement (Pharmacopeia Drug Discovery Inc)

Termination by the Company for Cause. Employee’s employment under this Agreement may be terminated by for Cause without further liability (including no obligation to pay severance) on the part of the Company and shall be effective on the date set for Cause (as defined below) at any time upon delivery of termination in the written notice to Employee. Upon such a termination, the Company The following shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, constitute “Cause” means the occurrence of any one or more of the following events or conditionsfor such termination:

Appears in 1 contract

Samples: Employment Agreement

Termination by the Company for Cause. The Employee’s employment under this Agreement may be terminated by the Company for Cause (as defined below) “cause” at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than without further liability on the payment part of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such terminationCompany. For purposes of this Agreement, a termination shall be for Causecausemeans the occurrence of any one or more of the following events or conditionsif:

Appears in 1 contract

Samples: Employment Agreement (Albany Molecular Research Inc)

Termination by the Company for Cause. (i) The Company may terminate Employee’s employment may be terminated by the Company for Cause (as defined below) at any time for Cause, effective upon delivery Employee’s receipt of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes ; provided, however, that with respect to any Cause of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:termination relying on clause (i),

Appears in 1 contract

Samples: Employment Agreement (ZaZa Energy Corp)

Termination by the Company for Cause. The Employee’s 's employment under this Agreement may be terminated by the Company for Cause (as defined below) "cause" at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than without further liability on the payment part of all accrued, but unpaid, base salary and any unpaid expenses or expense reimbursements prior to the effective date of such terminationCompany. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditionsa termination shall be for "cause" if:

Appears in 1 contract

Samples: Employment Agreement (Albany Molecular Research Inc)

Termination by the Company for Cause. (a) Employee’s employment may be terminated at any time by the Company for Cause (as defined below) at any time upon delivery of written notice to EmployeeCause. Upon such a termination, the Company shall have no obligation to Employee other than (i) the payment of all accruedEmployee’s earned and unpaid Company Base Salary, but unpaidand accrued and unused vacation, base salary and (ii) Employee shall not be entitled to any unpaid expenses additional rights or expense reimbursements prior vesting or lapse of forfeiture restrictions with respect to the Restricted Stock following the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Ruckus Wireless Inc)

Termination by the Company for Cause. Employee’s employment may be terminated by the Company for Cause (as defined below) at any time upon delivery of written notice to Employee. Upon such a termination, the Company shall have no obligation to Employee other than the payment of all accrued, but unpaid, base salary (“Base Salary”) and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, “Cause” means the occurrence of any one or more of the following events or conditions:

Appears in 1 contract

Samples: Severance Agreement (Pharmacopeia Drug Discovery Inc)

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