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

Termination for Cause or Resignation without Good Reason. The Company may terminate Executive's employment at any time for Cause upon written notice to Executive (and subject to any applicable cure periods set forth in Section 3.8(a)) and Executive may initiate a termination of employment by resigning without Good Reason upon not less than four (4) weeks’ prior written notice to the Company, and in any such event all payments under this Agreement shall cease except that the Company shall pay to Executive the Guaranteed Payments. In such event, Executive will not receive the Severance, the Change of Control Severance, or any other severance compensation or benefits.

Appears in 3 contracts

Sources: Executive Employment Agreement (Tilray Brands, Inc.), Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray, Inc.)

Termination for Cause or Resignation without Good Reason. The Company Employer may terminate Executive's ’s employment at any time for Cause upon written notice to Executive (and subject to any applicable cure periods set forth in Section 3.8(a)) and Executive may initiate a termination of employment by resigning without Good Reason upon not less than four thirty (430) weeksdays’ prior written notice to the Company, and in Employer. In any such event termination for Cause or resignation without Good Reason, all payments under this Agreement shall cease and Executive will not receive the Severance, or any further compensation or benefits, except that the Company Employer shall pay to Executive the Guaranteed Payments. In such event, Executive will not receive the Severance, the Change of Control Severance, or any other severance compensation or benefits.

Appears in 3 contracts

Sources: Executive Employment Agreement (CareMax, Inc.), Executive Employment Agreement (CareMax, Inc.), Executive Employment Agreement (CareMax, Inc.)

Termination for Cause or Resignation without Good Reason. The Company may terminate EAST\172252900.4 Executive's employment at any time for Cause upon written notice to Executive (and subject to any applicable cure periods set forth in Section 3.8(a)) and Executive may initiate a termination of employment by resigning without Good Reason upon not less than four thirty (430) weeks’ days' prior written notice to the Company, and in any such event all payments under this Agreement shall cease except that the Company shall pay to Executive the Guaranteed Payments. In such event, Executive will not receive the Severance, the Change of Control Severance, or any other severance compensation or benefits.

Appears in 1 contract

Sources: Executive Employment Agreement (Immunomedics Inc)

Termination for Cause or Resignation without Good Reason. The Company may terminate Executive's employment at any time for Cause (as defined in Section 3.8) upon written notice to Executive (and subject to any applicable cure periods set forth in Section 3.8(a)) and Executive may initiate a termination of employment by resigning without Good Reason upon not less than four (4) weeks’ prior written notice to the Companyand, and in any such event event, all payments under this Agreement shall cease except that the Company shall pay to Executive the Guaranteed Payments. In such event, Executive will not receive the Severance, the Change of Control Severance, or any other severance compensation or benefitscease.

Appears in 1 contract

Sources: Executive Employment Agreement (Immunomedics Inc)