Common use of Termination by the Company without Cause; Termination by the Executive for Good Reason Clause in Contracts

Termination by the Company without Cause; Termination by the Executive for Good Reason. The Company may terminate the employment of the Executive hereunder at any time during the Term without "Cause' (a "Termination Without Cause') and upon such termination the Term shall terminate. It is expressly acknowledged that non-extension of the Term and the Company' notifying the Executive that it does not wish to extend the Term shall constitute a Type I

Appears in 1 contract

Sources: Executive Employment Agreement (Newgold Inc)

Termination by the Company without Cause; Termination by the Executive for Good Reason. (a) The Company may terminate the employment of the Executive hereunder at any time during the Term without "Cause' (a "Termination Without Cause') and upon such termination the Term shall terminate. It is expressly acknowledged that non-extension of the Term and the Company' notifying the Executive that it does not wish to extend the Term shall constitute a Type I

Appears in 1 contract

Sources: Executive Employment Agreement (Newgold Inc)