Termination Without Good Reason. If the Employee terminates his employment with the Company before the Payment Date (even after a Change in Control) without Good Reason, the Employee will forfeit all amounts allocated to his Account under this Agreement to the extent not previously paid to Employee.
Appears in 10 contracts
Samples: Executive Bonus Agreement, Executive Bonus Agreement (DT Credit Company, LLC), Executive Bonus Agreement (DT Credit Company, LLC)
Termination Without Good Reason. If the Employee voluntarily terminates his employment with the Company before the Payment Date (even after a Change in Control) without Good Reason, the Employee will forfeit all previously undistributed amounts allocated to remaining in his Account under this Agreement and, upon notice from the Company to the extent not previously paid Trustee pursuant to Employeethe Trust, the Trustee shall immediately pay such amounts to the Company.
Appears in 1 contract
Samples: Executive Retention Agreement (Matrixx Initiatives Inc)