Common use of Termination for Any Reason Clause in Contracts

Termination for Any Reason. In the event that the Executive’s employment with the Company is terminated for any reason (including Cause, as defined below), then the Executive (or his estate, if applicable) shall be entitled to payment of accrued but unpaid salary, vacation pay and allowable expenses through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits to which the Executive is entitled under any Company benefit plan as of his termination of employment in accordance with the provisions of such plan.

Appears in 5 contracts

Samples: Employment Agreement (Headwaters Inc), Employment Agreement (Headwaters Inc), Employment Agreement (Headwaters Inc)

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Termination for Any Reason. In the event that the Executive’s employment with the Company is terminated for any reason (including Causereason, as defined below), then the Company shall pay the Executive (or his estatebeneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, if applicable) any unreimbursed expenses due to the Executive and an amount for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s benefit plans and programs as provided therein. The Executive shall be entitled to payment of accrued but unpaid salary, vacation pay the additional payments and allowable expenses through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits to which the Executive is entitled under any Company benefit plan described below only as of his termination of employment in accordance with the provisions of such planset forth herein.

Appears in 3 contracts

Samples: Employment Agreement (TransDigm Group INC), Employment Agreement (Marathon Power Technologies Co), Employment Agreement (TransDigm Group INC)

Termination for Any Reason. In the event that the Executive’s employment with the Company is terminated for any reason (including Causereason, as defined below), then the Company shall pay Executive (or his estatebeneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, if applicable) and any unreimbursed expenses due to Executive. Executive also shall be entitled to payment accrued, vested benefits under the Company’s benefit plans and programs as provided therein, and the terms of accrued but unpaid salary, vacation pay and allowable expenses through the date any applicable Notice of the termination of his employment. In addition, the Company Award will pay the Executive any amounts and provide any govern such benefits to which the extent applicable. Executive is shall be entitled under any Company benefit plan to the additional payments and benefits described below only as of his termination of employment in accordance with the provisions of such planset forth herein.

Appears in 3 contracts

Samples: Employment Agreement (Nordson Corp), Employment Agreement (Nordson Corp), Employment Agreement (Nordson Corp)

Termination for Any Reason. In the event that the Executive’s employment with is terminated by the Company is terminated for any reason or by Executive (including Cause, as defined belowdue to Executive’s death or disability), then the Executive will be paid: (or his estate, if applicablei) shall be entitled to payment of accrued any earned but unpaid salaryBase Salary, vacation pay (ii) other unpaid and allowable then-vested amounts, including any amount payable to Executive under the specific terms of any insurance and health and benefit plans in which Executive participates, unless otherwise specifically provided in this Agreement and (iii) reimbursement for all reasonable and necessary expenses through the date incurred by Executive in connection with Executive’s performance of services on behalf of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits to which the Executive is entitled under any Company benefit plan as of his termination of employment in accordance with applicable Company policies and guidelines, in each case as of the provisions effective date of such plantermination of employment.

Appears in 2 contracts

Samples: Control Agreement (Docusign, Inc.), Control Agreement (Docusign, Inc.)

Termination for Any Reason. In the event that the Executive’s 's employment with the Company is terminated for any reason (including Causereason, as defined below), then the Company shall pay the Executive (or his estatebeneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, if applicable) any unreimbursed expenses due to the Executive and an amount for accrued but unused vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company's benefit plans and programs as provided therein. The Executive shall be entitled to payment of accrued but unpaid salary, vacation pay the additional payments and allowable expenses through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits to which the Executive is entitled under any Company benefit plan described below only as of his termination of employment in accordance with the provisions of such planset forth herein.

Appears in 2 contracts

Samples: Employment Agreement (Dayton Superior Corp), Employment Agreement (Dayton Superior Corp)

Termination for Any Reason. In the event that the Upon termination of Executive’s employment with the Company is terminated for any reason (including Causereason, as defined below), then the Executive (or his estate, if applicable) shall be entitled to payment of receive (i) his Base Salary accrued but unpaid salary, vacation pay and allowable expenses through the date of the termination of his employment. In additiontermination, the Company will pay the Executive any amounts (ii) earned but unused vacation and provide any benefits to which the Executive is entitled under any Company benefit plan paid time off as of his the date of termination, (iii) reimbursement of expenses properly incurred prior to termination of employment and properly documented in accordance with the provisions of such plan.Company’s policy,

Appears in 1 contract

Samples: Executive Employment Agreement (Aadi Bioscience, Inc.)

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Termination for Any Reason. In the event that If the Executive’s 's employment with terminates during the Company is terminated Employment Period for any reason (including Causereason, as defined below), then the Executive (or his estate, if applicableestate or legal representative) shall be entitled to payment any earned but unpaid salary through the Date of Termination, pay for any accrued but unpaid salaryunused vacation, vacation pay and allowable expenses through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any vested benefits to which the Executive is entitled under any Company Company-provided employee benefit plan as of his termination of employment in accordance with the provisions of such or compensation plan.

Appears in 1 contract

Samples: Executive Employment Agreement (Cybersource Corp)

Termination for Any Reason. In the event that the Executive’s employment with the Company is terminated for any reason (including Cause, as defined below), then the Executive (or his estate, if applicable) shall be entitled to payment of accrued but unpaid salary, vacation pay salary and allowable expenses under sections 2(a) and 4 through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits under section 3 to which the Executive is entitled under any Company benefit plan as of his termination of employment in accordance with the provisions of such plan.

Appears in 1 contract

Samples: Letter Agreement (Headwaters Inc)

Termination for Any Reason. In the event that the Executive’s 's employment with the Company is terminated for any reason (including Causereason, as defined below), then the Company shall pay the Executive (or his estatebeneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, if applicable) any unreimbursed expenses due to the Executive. The Executive shall also be entitled to accrued, vested benefits under the Company's benefit plans and programs as provided therein. The Executive shall be entitled to payment of accrued but unpaid salary, vacation pay the additional payments and allowable expenses through the date of the termination of his employment. In addition, the Company will pay the Executive any amounts and provide any benefits to which the Executive is entitled under any Company benefit plan described below only as of his termination of employment in accordance with the provisions of such planset forth herein.

Appears in 1 contract

Samples: Employment Agreement (Dayton Superior Corp)

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