Common use of Termination for Any Reason Clause in Contracts

Termination for Any Reason. In the event the Executive’s employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, any unreimbursed expenses due to the Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s benefit plans and programs as provided therein. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 19 contracts

Sources: Employment Agreement (TransDigm Group INC), Employment Agreement (TransDigm Group INC), Employment Agreement (TransDigm Group INC)

Termination for Any Reason. In the event the Executive’s 's employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, any unreimbursed expenses due to the Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s 's applicable employee benefit plans plans, programs and programs arrangements as provided therein. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 8 contracts

Sources: Employment Agreement (Symons Corp), Employment Agreement (Symons Corp), Employment Agreement (Dayton Superior Corp)

Termination for Any Reason. In the event the Executive’s employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, and any unreimbursed expenses due to the Executive. Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive also shall also be entitled to accrued, vested benefits under the Company’s benefit plans and programs as provided therein, and the terms of any applicable Notice of Award will govern such benefits to the extent applicable. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 3 contracts

Sources: Employment Agreement (Nordson Corp), Employment Agreement (Nordson Corp), Employment Agreement (Nordson Corp)

Termination for Any Reason. In the event the Executive’s 's employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, any unreimbursed expenses due to the Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s 's benefit plans and programs as provided therein. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 3 contracts

Sources: Employment Agreement (Adams Rite Aerospace Inc), Employment Agreement (Dayton Superior Corp), Employment Agreement (Adams Rite Aerospace Inc)

Termination for Any Reason. In the event the Executive’s employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, any unreimbursed expenses due to the Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s benefit plans and programs as provided therein. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 3 contracts

Sources: Employment Agreement (TransDigm Group INC), Employment Agreement (Marathon Power Technologies Co), Employment Agreement (TransDigm Group INC)

Termination for Any Reason. In the event the Executive’s 's employment with the Company is terminated for any reason, the Company shall pay the Executive (or his beneficiary in the event of his death) any unpaid Annual Base Salary that has accrued as of the Date of Termination, any unreimbursed expenses due to the Executive in accordance with the Company’s expense reimbursement policy and an amount equal to compensation for accrued but unused sick days and vacation days. The Executive shall also be entitled to accrued, vested benefits under the Company’s 's benefit plans and programs as provided therein. The Executive shall be entitled to the additional payments and benefits described below only as set forth herein.

Appears in 2 contracts

Sources: Employment Agreement (Dayton Superior Corp), Employment Agreement (Dayton Superior Corp)