Common use of Termination for Cause or without Cause Clause in Contracts

Termination for Cause or without Cause. A provision of this type will clarify the expectations and relationship between the parties. The employment contract should define “cause”. In instances where there is a without cause termination provision in exchange for severance payments, the terms of the severance payments should be specifically stated.

Appears in 2 contracts

Sources: Employment Agreement (Cuentas Inc.), Employment Agreement (Cuentas Inc.)