Common use of Termination for Cause or Resignation without Good Reason Clause in Contracts

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 13 contracts

Samples: Employment Agreement (Wrap Technologies, Inc.), Employment Agreement (Marizyme Inc), Employment Agreement (AzurRx BioPharma, Inc.)

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Termination for Cause or Resignation without Good Reason. If, during the Term of this AgreementEmployment Period, the Company terminates the Executive’s employment is terminated by for Cause or the Company for Cause, or Executive resigns from his employment hereunder without Good Reason, this Agreement shall terminate without further obligations of the Company shall pay to the Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except other than for payment of Accrued Obligations or as may otherwise provided be required by law. In such case, all Accrued Obligations shall be paid to the Executive in cash at the times described in Section 4(a).

Appears in 7 contracts

Samples: Employment Agreement (Rinker Group LTD), Employment Agreement (Rinker Group LTD), Employment Agreement (Rinker Group LTD)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If at any time Executive’s employment is terminated by the Company for CauseCause (defined below), or Executive resigns his employment hereunder without for any reason other than Good ReasonReason (defined below), the Company shall pay Executive any base salary earned and unused vacation benefits accrued through the Termination Amountsdate of termination, at the rates then in effect, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this AgreementExecutive, except as may otherwise provided be required by law.

Appears in 6 contracts

Samples: Employment Agreement (AveXis, Inc.), Employment Agreement (AveXis, Inc.), Employment Agreement (AveXis, Inc.)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, event that the Company terminates the Executive’s employment is terminated by for Cause or the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no this Agreement will terminate without further obligations to Executive under this Agreementother than the following: Executive shall be entitled to receive his unpaid base salary earned through his last day of employment, except as otherwise provided by lawaccrued but unused vacation pay, and vested benefits through and including Executive’s last day of employment.

Appears in 4 contracts

Samples: Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.)

Termination for Cause or Resignation without Good Reason. If, during If (i) the Term of this Agreement, Executive’s 's employment is shall be terminated by the Company for Cause, or (ii) the Executive voluntarily resigns his employment hereunder without from the employ of the Company and Good ReasonReason shall not have occurred, then the Company shall pay the Executive his Base Salary through the date of delivery to him of a Notice of Termination Amountsat the rate then in effect at the time and date the Notice of Termination is delivered, less standard deductions and withholdings. The the Company shall thereafter have no further obligations to the Executive under this Agreement, except as otherwise provided by law.

Appears in 4 contracts

Samples: Agreement (Varsity Group Inc), Severance Agreement (Computer Learning Centers Inc), Agreement (Varsitybooks Com Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If Executive’s employment is terminated by the Company for Cause, or if Executive voluntarily resigns his Executive’s employment hereunder without Good ReasonReason (as defined below), the Company shall pay Executive all Base Salary, accrued and unused paid time off benefits and any accrued bonuses determined by the Termination AmountsBoard to have been earned by Executive in accordance with Section 2.2 and any other accrued benefits, in each case as earned through the date of termination, and any unreimbursed expenses incurred in accordance with Company policy, at the rates in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 3 contracts

Samples: Employment Agreement (One Stop Systems Inc), Employment Agreement (One Stop Systems Inc), Employment Agreement (One Stop Systems Inc)

Termination for Cause or Resignation without Good Reason. If, If during the Term of this Agreement, the Executive’s 's employment is terminated by the Company for Cause, Cause or by the Executive resigns his employment hereunder without other than for Good Reason, the Company shall pay to the Executive his salary through the Termination Amounts, less standard deductions and withholdingsDate. The Company shall thereafter have no further obligations obligation to the Executive under this Agreement, except as otherwise provided by lawhereunder.

Appears in 3 contracts

Samples: Employment Agreement (Patron Systems Inc), Employment Agreement (Patron Systems Inc), Employment Agreement (Patron Systems Inc)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, event that the Company terminates the Executive’s employment is terminated by for Cause or the Company for Cause, or Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no this Agreement will terminate without further obligations to Executive under this Agreementother than the following: Executive shall be entitled to receive he unpaid base salary earned through her last day of employment, except as otherwise provided by lawaccrued but unused vacation pay, and vested benefits through and including Executive’s last day of employment.

Appears in 3 contracts

Samples: Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (Avita Therapeutics, Inc.)

Termination for Cause or Resignation without Good Reason. If, during If (i) the Term of this Agreement, Executive’s 's employment is shall be terminated by the Company for Cause, or (ii) the Executive voluntarily resigns his employment hereunder without from the employ of the Company and Good ReasonReason shall not have occurred, then the Company shall pay the Executive his Base Salary through the date of delivery to or by him of a Notice of Termination, at the rate then in effect at the time and date the Notice of Termination Amountsis delivered, less standard deductions and withholdings. The the Company shall thereafter have no further obligations to the Executive under this Agreement, except as otherwise provided by law.

Appears in 3 contracts

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

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive any Base Salary owed to Executive, expenses reimbursement amounts owed to Executive, all unpaid amounts of any Annual Milestone Bonus(es) Executive earned prior to the Termination Amountstermination date by meeting the conditions set forth in Section 3.3, and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 3 contracts

Samples: Employment Agreement (MetaStat, Inc.), Employment Agreement (MetaStat, Inc.), Employment Agreement (MetaStat, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive any Base Salary owed to Executive, expenses reimbursement amounts owed to Executive, all unpaid amounts of any Annual Milestone Bonus(es) Executive earned prior to the Termination Amountstermination date by meeting the conditions set forth in Section 3.2, and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Employment Agreement (Coronado Biosciences Inc), Employment Agreement (Coronado Biosciences Inc)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, Executive’s employment is terminated by event that the Company terminates the Executive's employment for Cause, Cause or the Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no this Agreement will terminate without further obligations to Executive under this Agreementother than the following: Executive shall be entitled to receive her unpaid base salary earned through her last day of employment, except as otherwise provided by lawaccrued but unused vacation pay, and vested benefits through and including Executive's last day of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.)

Termination for Cause or Resignation without Good Reason. If, during If (i) the Term of this Agreement, Executive’s 's employment is shall be terminated by the Company for Cause, or (ii) the Executive voluntarily resigns his employment hereunder without from the employ of the Company and Good ReasonReason shall not have occurred, then the Company shall pay the Executive her Base Salary through the date of delivery to her of a Notice of Termination Amountsat the rate then in effect at the time and date the Notice of Termination is delivered, less standard deductions and withholdings. The the Company shall thereafter have no further obligations to the Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Severance Agreement (Computer Learning Centers Inc), Severance Agreement (Computer Learning Centers Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Form of Employment Agreement (Modern Media Acquisition Corp. S.A.), Form of Employment Agreement (Modern Media Acquisition Corp. S.A.)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, Executive’s employment is terminated by event that the Company terminates the Executive' s employment for Cause, Cause or the Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no this Agreement will terminate without further obligations to Executive under this Agreementother than the following: Executive shall be entitled to receive his unpaid base salary earned through his last day of employment, except as otherwise provided by lawaccrued but unused vacation pay, and vested benefits through and including Executive's last day of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive any Base Salary owed to Executive, expenses reimbursement amounts owed to Executive, all unpaid amounts of any Annual Milestone Bonus(es) Executive earned prior to the Termination Amountstermination date by meeting the conditions set forth in Section 3.2, and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Employment Agreement (MetaStat, Inc.), Employment Agreement (Coronado Biosciences Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If Executive’s employment is terminated by the Company for Cause, or Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdingsamounts described in Section 4.5.1. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avenue Therapeutics, Inc.), Executive Employment Agreement (Avenue Therapeutics, Inc.)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, Executive’s employment is terminated by event that the Company terminates the Executive' s employment for Cause, Cause or the Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no this Agreement will terminate without further obligations to Executive under this Agreementother than the following: Executive shall be entitled to receive her unpaid base salary earned through her last day of employment, except as otherwise provided by lawaccrued but unused vacation pay, and vested benefits through and including Executive's last day of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (AVITA Medical, Inc.), Executive Employment Agreement (AVITA Medical, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If Executive’s ' s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdingsamounts described in Section 4.5.1. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 2 contracts

Samples: Executive Employment Agreement (Journey Medical Corp), Executive Employment Agreement (Journey Medical Corp)

Termination for Cause or Resignation without Good Reason. If, during Upon the Term termination of Executive’s employment under this Agreement for Cause under Article 2.2(a)(iii) of this Agreement, Executive’s employment is terminated or by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive Reason under Article 2.3(b) of this Agreement, except as otherwise provided by lawExecutive shall be entitled to receive only the Accrued Benefits. Executive shall not be entitled to receive severance or any compensation or other benefits after the last date of employment with the Company, other than payouts of accrued vested balances (if any) under the Company’s retirement plans.

Appears in 1 contract

Samples: Employment Agreement (Starwood Hotel & Resorts Worldwide, Inc)

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Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive any Base Salary owed to Executive, expense reimbursement amounts owed to Executive, all unpaid amounts of any Annual Milestone Bonus(es) Executive earned prior to the Termination Amountstermination date by meeting the conditions set forth in Section 3.2, and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Employment Agreement (Coronado Biosciences Inc)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, event the Company terminates the Executive’s employment is terminated by for Cause or the Company for Cause, or Executive voluntarily resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations liability or obligation to the Executive under this AgreementAgreement or in connection with the Executive’s employment hereunder, except as otherwise provided for the Accrued Obligations. The Accrued Obligations shall be payable in a lump sum within the me period required by applicable law, and in no event later than thirty (30) days following the date of termination of the Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (NanoVibronix, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s 's employment is terminated by the Company for Cause, or Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Employment Agreement (Titan Pharmaceuticals Inc)

Termination for Cause or Resignation without Good Reason. If, during If (i) the Term of this Agreement, Executive’s employment is shall be terminated by the Company for Cause, or (ii) the Executive voluntarily resigns his employment hereunder without from the employ of the Company and Good ReasonReason shall not have occurred, then the Company shall pay the Executive his Base Salary through the date of delivery to him of a Notice of Termination Amountsat the rate then in effect at the time and date the Notice of Termination is delivered, less standard deductions and withholdings. The the Company shall thereafter have no further obligations to the Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Agreement (Varsitybooks Com Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdingsamounts described in Section 4.5.1. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Executive Employment Agreement (Coronado Biosciences Inc)

Termination for Cause or Resignation without Good Reason. If, If during the Term of this Agreement, the Executive’s 's employment is terminated by the Company for Cause, Cause or by the Executive resigns his employment hereunder without other than for Good Reason, the Company shall pay to the Executive her salary through the Termination Amounts, less standard deductions and withholdingsDate. The Company shall thereafter have no further obligations obligation to the Executive under this Agreement, except as otherwise provided by lawhereunder.

Appears in 1 contract

Samples: Senior Executive Employment Agreement (Patron Systems Inc)

Termination for Cause or Resignation without Good Reason. If, during If the Term of this Agreement, Executive’s employment is shall be terminated by the Company for Cause, or by the Executive resigns his employment hereunder without Good Reason, then: (a) the Company shall pay to the Executive the Accrued Benefits; and (b) the Executive shall immediately forfeit as of the Termination Amounts, less standard deductions Date his unvested equity and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by lawany unpaid annual cash bonuses.

Appears in 1 contract

Samples: Employment Agreement (Manning & Napier, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, If Executive’s 's employment is shall be terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, : (i) the Company shall pay Executive his Base Salary up to the date on which a Notice of Termination Amounts, less standard deductions is delivered; (ii) the unvested portion of the Stock Grant and withholdings. The any unvested Stock Options shall remain unvested and shall no longer be exercisable by Executive; and (iii) neither Executive nor the Company shall thereafter have no any further obligation hereunder other than Executive's obligations to Executive under this Agreement, except as otherwise provided by lawParagraph 11 below.

Appears in 1 contract

Samples: Employment Agreement (Biomarin Pharmaceutical Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his her employment hereunder without Good Reason, the Company shall pay Executive any Base Salary owed to Executive, expenses reimbursement amounts owed to Executive, all unpaid amounts of any Annual Milestone Bonus(es) Executive earned prior to the Termination Amountstermination date by meeting the conditions set forth in Section 3.3, and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Employment Agreement (Coronado Biosciences Inc)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts (on the dates set forth in Section 4.5.1 with respect to payments of the Termination Amounts), less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.

Appears in 1 contract

Samples: Employment Agreement (AzurRx BioPharma, Inc.)

Termination for Cause or Resignation without Good Reason. If, during In the Term of this Agreement, event the Company terminates the Executive’s employment is terminated by the Company for CauseCause (defined below), or the Executive voluntarily resigns his employment hereunder without Good ReasonReason (defined below), the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations liability or obligation to the Executive under this AgreementAgreement or in connection with the Executive’s employment hereunder, except as otherwise provided for the Accrued Obligations. The Accrued Obligations shall be payable in a lump sum within the time period required by applicable law, and in no event later than thirty (30) days following the date of the Executive’s termination.

Appears in 1 contract

Samples: Employment Agreement (NanoVibronix, Inc.)

Termination for Cause or Resignation without Good Reason. If, during the Term of this AgreementEmployment Period, the Company terminates the Executive’s employment is terminated by for Cause or the Company for Cause, or Executive resigns his from her employment hereunder without Good Reason, this Agreement shall terminate without further obligations of the Company shall pay to the Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except other than for payment of Accrued Obligations or as may otherwise provided be required by law. In such case, all Accrued Obligations shall be paid to the Executive in cash at the times described in Section 4(a).

Appears in 1 contract

Samples: Employment Agreement (Rinker Group LTD)

Termination for Cause or Resignation without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Company for Cause, or Executive resigns his employment hereunder without Good Reason, the Company shall pay Executive the Termination Amounts, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law. All unvested shares granted under Section 3.3 shall vest immediately upon Executive's termination. If Executive resigns his employment hereunder without Good Reason, all unvested Stock Grant(s) under Section 3.3 shall be returned to the Company for cancellation.

Appears in 1 contract

Samples: Employment Agreement (iFresh Inc)

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