Common use of Without Just Cause Clause in Contracts

Without Just Cause. The Board may, by written notice to the Executive, immediately terminate his employment for a reason other than Just Cause, in which case the Executive shall be paid an amount equal to the balance of compensation provided for by Sections 3 and 4 hereof for the balance of the Term.

Appears in 6 contracts

Samples: Agreement (Newtek Business Services Inc), Employment Agreement (Newtek Business Services Inc), Newtek Business Services Inc

AutoNDA by SimpleDocs

Without Just Cause. The Board may, by written notice to the Executive, immediately terminate his employment for a reason other than Just Cause, in which case the Executive shall be paid an amount equal to the balance of the compensation provided for by Sections 3 and 4 hereof for the balance of the Term.

Appears in 4 contracts

Samples: Newtek Business Services (Newtek Business Services Inc), Newtek Business Services (Newtek Business Services Inc), Employment Agreement (Newtek Business Services Inc)

Without Just Cause. The Board may, by written notice to the Executive, immediately terminate his employment for a reason other than Just Cause, in which case the Executive shall be paid an amount equal to the balance of the compensation provided for by Sections 3 and 4 hereof for the balance of the Termthis Agreement.

Appears in 2 contracts

Samples: Newtek Business Services Inc, Escrow Agreement (Newtek Capital Inc)

Without Just Cause. The Board may, by written notice to the Executive, immediately terminate his employment for a reason other than Just Cause, in which case the Executive shall be paid an amount equal to the balance of the compensation provided for by Sections 3 this Agreement and 4 hereof for the balance of the TermSeverance payment provided by Section 3(b).

Appears in 1 contract

Samples: Escrow Agreement (Newtek Capital Inc)

AutoNDA by SimpleDocs

Without Just Cause. The Board mayBoard, by upon written notice to the Executivenotice, can immediately terminate his Executive’s employment for a reason other than Just Cause, in which case the Executive shall be paid an amount equal to the balance of compensation provided for by Sections Section 3 and 4 hereof for the balance of the Term.

Appears in 1 contract

Samples: Newtek Business (Newtek Business Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.