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

Termination for Cause or Resignation without Good Reason. If the Executive is terminated for Cause or resigns from employment without Good Reason, then the Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary earned and vacation accrued up to and including the date of termination

Appears in 4 contracts

Samples: Executive Retention Agreement (Kinetic Concepts Inc), Executive Retention Agreement (Kinetic Concepts Inc /Tx/), Executive Retention Agreement (Kinetic Concepts Inc /Tx/)

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Termination for Cause or Resignation without Good Reason. If the Executive is terminated for Cause or resigns from employment without Good Reason, then the Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary earned and vacation accrued up to and including the date of terminationtermination 6.

Appears in 2 contracts

Samples: Executive Retention Agreement (Kinetic Concepts Inc /Tx/), Executive Retention Agreement (Kinetic Concepts Inc /Tx/)

Termination for Cause or Resignation without Good Reason. If the Executive is terminated for Cause or resigns from employment without Good Reason, then the Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary earned and vacation accrued up to and including the date of terminationSeparation Date

Appears in 1 contract

Samples: Executive Retention Agreement (KCI Animal Health, LLC)

Termination for Cause or Resignation without Good Reason. If the Executive Executive's employment hereunder is terminated by the Employer for Cause pursuant to Section 2(a)(iii) or resigns from employment without due to the Executive's resignation Without Good ReasonReason pursuant to Section 2(a)(v), then the Employer shall pay or provide to the Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary earned and vacation accrued up to and including the date of terminationBasic Severance Amount.

Appears in 1 contract

Samples: Severance Agreement (Mmi Products Inc)

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Termination for Cause or Resignation without Good Reason. If the Executive at any time Executive’s employment is terminated by the Company for Cause (defined below), or Executive resigns from employment without for any reason other than Good ReasonReason (defined below), then the Company shall pay Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary Base Salary earned and unused vacation benefits accrued up to and including through the date of termination, at the rates then in effect, less standard deductions and withholdings. The Company shall thereafter have no further obligations to Executive, except as may otherwise be required by law.

Appears in 1 contract

Samples: Employment Agreement (AveXis, Inc.)

Termination for Cause or Resignation without Good Reason. If the Executive is terminated for Cause or resigns from employment without Good Reason, then the Executive shall not be entitled to receive any severance benefits and shall only be entitled to receive any salary earned and vacation accrued up to and including the date of termination. 6.

Appears in 1 contract

Samples: 31 Executive Retention Agreement (Kinetic Concepts Inc /Tx/)

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