Termination by the Company Other Sample Clauses

Termination by the Company Other. Than For Death, Disability or Cause (or Resignation by the Executive for Good Reason). Because the Executive’s employment is at will, it may be terminated at any time by the Company or the Executive, with or without Good Reason (as defined below) or with or without Cause, upon ninety (90) days advanced written notice by the Company to the Executive and upon thirty (30) days advanced written notice from the Executive to the Company. For purposes of this Agreement, “Good Reason” means the Executive’s termination of employment within thirty (30) days following the end of the Cure Period (as defined below) as a result of the occurrence of any of the following events without the Executive’s consent: (1) a reduction by Company in the Executive’s Base Salary then in effect by ten percent (10%) or more in the aggregate, other than as part of a salary reduction program approved by the Board of Directors pursuant to which the Base Salaries of the Chief Executive Officer, the Chief Financial Officer and the Chief Creative Officer are reduced by the same percentage at the same time and for the same period of time; or (2) the relocation of the Executive’s principal work location to a facility or a location which is outside of New York, NY. The Executive must provide written notice to Company of the condition that could constitute a “Good Reason” event within thirty (30) days of the initial existence of such condition and must provide the Company thirty (30) days from the date of such written notice to cure the purported “Good Cause” event (the “Cure Period”). If Executive’s employment is terminated by either: (1) the Company for any reason other than the Executive’s death, for Disability, or for Cause; or, (2) Executive for Good Reason, then the Executive is entitled to receive a Severance (as defined below) in addition to the Accrued Obligations.
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Termination by the Company Other. THAN FOR CAUSE OR BY THE EXECUTIVE FOR GOOD REASON If during the Change of Control Period the Company terminates the Executive’s employment other than for Cause or the Executive terminates his employment for Good Reason, the Executive shall be entitled to:
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Termination by the Company Other. Than For Cause or by the Executive ------------------------------------------------------------------- For Good Reason. The Company may terminate the Executive's employment at any --------------- time without cause upon thirty days notice to Executive including prior to the expiration of the initial period specified in Section 2 above and Executive may terminate his employment at any time for Good Reason. In such event, the Executive shall be entitled to receive, in full discharge of all obligations of the Company to the Executive under this agreement and upon executing a release of claims by Executive in a form reasonably satisfactory to the Company, (i) his unpaid salary under section 3.1 through the date of termination; plus (ii) a pro rata portion of the annual incentive bonus compensation under section 3.2 for the year of termination based on the number of months the Executive was employed by the Company during that year, to be paid promptly after such incentive amount is determined by the Company, (iii) any amounts in the Executive Plans in which the Executive may then be vested, (iv) severance equal to the sum of his then current base salary and his annual incentive compensation, using the average amount of incentive earned in the two previous calendar years (but deeming the amount of the incentive for 1998 to be $200,000), (v) continuing participation in the Company's health plans at the same benefit level at which he, his spouse and his covered dependents participated immediately before the termination, and, thereafter, for such additional period as may be available under COBRA, and (vi) any other benefits to which Executive is entitled or continues to be entitled pursuant to the policies, programs or plans comprising the fringe benefits referenced to in Section 4.2. The severance shall be paid in two installments, half at the date of termination and the remainder at six months after termination. The Company's obligation to pay such severance shall immediately end if the Executive breaches any of his obligations under Section 6. In addition, the Company shall immediately vest that part of the Executive's Xxxx- Xxxxx Option and SOFTBANK Options which would have vested had the Executive remained employed throughout the remaining vesting period of those options, provided, however, the Executive shall not be able to exercise such options until the date such options would otherwise have vested and provided that at the time of any such exercise the Exec...
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Termination by the Company Other. Than For Cause; Or By Me For Good Reason.
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Termination by the Company Other. THAN FOR CAUSE AND TERMINATION BY THE EXECUTIVE FOR GOOD REASON.
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Termination by the Company Other. Than For Death, Disability or Cause (or Resignation by the Executive for Good Reason). Because the Executive’s employment is at will, it may be terminated at any time by the Company or the Executive, with or without Good Reason (as defined below) or with or without Cause, upon ninety (90) days advanced written notice by the Company to the Executive and upon thirty (30) days advanced written notice from the Executive to the Company. For purposes of this Agreement, “Good Reason” means the Executive’s termination of employment within thirty (30) days following the end of the Cure Period (as defined below) as a result of the occurrence of any of the following events without the Executive’s consent: (1) a reduction by Company in the Executive’s Base Salary then in effect by ten percent (10%) or more in the aggregate, other than as part of a salary reduction program approved by the Board of Directors pursuant to which the Base Salaries of the Chief Executive Officer, the Chief Financial Officer and the Chief Creative Officer of Company are reduced by the same percentage at the same time and for the same period of time; or (2) the relocation of the Executive’s principal work location to a facility or a location which is outside of the Washington, D.C, metropolitan area. The Executive must provide written notice to Company of the condition that could constitute a “Good Reason” event within thirty (30) days of the initial existence of such condition and must provide the Company thirty (30) days from the date of such written notice to cure the purported “Good Cause” event (the “Cure Period”). If Executive’s employment is terminated by either: (1) the Company for any reason other than the Executive’s death, for Disability, or for Cause; or, (2) Executive for Good Reason, then the Executive is entitled to receive a Severance (as defined below) in addition to the Accrued Obligations. Glimpse Group, Inc. – Executive Employment Agreement
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Related to Termination by the Company Other

  • Termination by the Company Other than for Cause (1) The foregoing notwithstanding, the Company may terminate the Executive's employment for whatever reason it deems appropriate; provided, however, that in the event such termination is not based on Cause, as provided in Section 6(c) above, the Company may terminate this Agreement upon giving three (3) months' prior written notice. During such three (3) month period, the Executive shall continue to perform the Executive's duties pursuant to this Agreement, and the Company shall continue to compensate the Executive in accordance with this Agreement. The Executive will receive, at the Executive's option, either (A) a lump sum equal to the "Compensation and Benefits," as hereinafter defined, for the remaining balance of the Term of this Agreement, at the then current rate, reduced to present value, as set forth in Section 280G of the Internal Revenue Code or (B) for the remaining balance of the Term of this Agreement from and after the date of any such termination, the Company shall on the last day of each calendar month pay to the Executive such "Compensation and Benefits," which shall be an amount equal to (Y) One Hundred percent (100%) of the Executive's compensation and benefits set forth in Section 5, which shall specifically include the Base Salary and Executive Benefits (the "Compensation and Benefits"), on the date of any such termination, divided by (Z) twelve (12); provided, however, that if (A) there is a decrease in the Executive's Compensation and Benefits of more than five (5%) percent prior to termination for any reason other than for "Cause", and (B) the Executive is terminated without cause, the Compensation and Benefits shall be as existed immediately prior to such a decrease. The Executive will be entitled to continued Compensation and Benefits coverage and credits as provided in Section 5 or to reimbursement for the cost of providing the Executive with comparable benefit coverage during the term in which the Executive is receiving payments from the Company after termination pursuant to Section 6(d). Such benefit coverage will be offset by comparable coverage provided to the Executive in connection with subsequent employment.

  • Termination by the Company Subject to Section 13(f) hereof, the Company shall have the right, by giving three (3) days’ notice as hereinafter specified to terminate this Agreement in its sole discretion at any time after the date of this Agreement.

  • Termination by the Consultant The Consultant may terminate the provision of his services under this Agreement on not less than 30 days' notice to the Company, in which case the obligations of the Company will be the same as though the services were terminated for cause.

  • Termination by the Company for Cause The Executive’s employment under this Agreement may be terminated by the Company for Cause at any time upon written notice to the Executive without further liability on the part of the Company. For purposes of this Agreement, a termination shall be for Cause if:

  • Termination by the Company for Just Cause 7.2 The Company may terminate the employment of the Executive under this Agreement summarily, without any notice or any payment in lieu of notice, for Just Cause.

  • Other Termination by the Company If the Company terminates Executive’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason (defined below) before this Agreement terminates, the Company will pay Executive a payment having a present value equal to the compensation and other benefits he would have been entitled to for the remainder of the term if his employment had not terminated. All payments made pursuant to this Section 9(b) shall be completed no later than March 15 of the calendar year following the calendar year in which Executive’s employment terminates.

  • Action by the Company The Company shall act only by or under the authority of its Member.

  • Termination by the Company with Cause The Company shall have the right at any time to terminate the Executive's employment hereunder without prior notice upon the occurrence of any of the following (any such termination being referred to as a termination for "Cause"):

  • Termination by the Company for Cause; Termination by the Executive without Good Reason (a) For purposes of this Agreement, “

  • Termination by the Bank The Bank may terminate the employment of the Executive as follows:

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