Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's employment is terminated by the Company for Cause, or the Executive resigns from his employment hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.2) be entitled only to payment of his Base Salary as then in effect through and including the date of termination or resignation. Subject to Section 5.1.2, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the Company.
Appears in 8 contracts
Sources: Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's ’s employment is terminated by the Company for Cause, or the Executive resigns from his employment hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.25.2.3) be entitled only to payment of his Base Salary as then in effect through and including the date of termination or resignation. Subject to Section 5.1.25.2.3, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the Company.
Appears in 5 contracts
Sources: Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's Executives employment is terminated by the Company for Cause, or the Executive resigns from his employment hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.25.2.3) be entitled only to payment of his Base Salary as then in effect through and including the date of termination or resignation. Subject to Section 5.1.25.2.3, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the Company.
Appears in 4 contracts
Sources: Employment Agreement, Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Company terminates the Executive's employment is terminated by the Company for CauseCause (as defined in Section 6.5), or the Executive resigns from terminates his -4 of 14- employment hereunder other than for by resignation without Good ReasonReason (as defined in Section 6.6), the Executive shall (subject to Section 5.1.2) be entitled only to payment of his Base Salary as then in effect and other compensation and benefits through and including the date of termination or resignation. Subject to Section 5.1.2, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employmenttermination, except as determined in accordance with the terms of the employee benefit plans or and programs of the Company.
Appears in 2 contracts
Sources: Employment Agreement (Paragon Trade Brands Inc), Employment Agreement (Paragon Trade Brands Inc)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's ’s employment is terminated by the Company for Cause, or the Executive resigns from his employment hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.25.2.2) be entitled only to payment of his Base Salary as then in effect through and including the date of termination or resignation. Subject to Section 5.1.25.2.2, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the Company.
Appears in 2 contracts
Sources: Employment Agreement (Hardinge Inc), Employment Agreement (Hardinge Inc)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's employment is terminated by the Company Bank for Cause, or the if Executive resigns from his employment with Bank hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.2) be entitled only to payment of his Base Salary Salary, as then in effect effect, through and including the date of termination or resignation, together with accrued vacation attributable to unused time from prior years. Subject to Section 5.1.2, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the CompanyBank.
Appears in 1 contract
Sources: Executive Severance Agreement (Chemung Financial Corp)
Termination for Cause; Resignation Without Good Reason. If, prior to the expiration of the Employment Term, the Executive's ’s employment is terminated by the Company for Cause, or the Executive resigns from his employment hereunder other than for Good Reason, the Executive shall (subject to Section 5.1.2) be entitled only to payment of his Base Salary as then in effect through and including the date of termination or resignation. Subject to Section 5.1.2, the Executive shall have no further right to receive any other compensation or benefits after such termination or resignation of employment, except as determined in accordance with the terms of the employee benefit plans or programs of the Company.
Appears in 1 contract
Sources: Employment Agreement (Hardinge Inc)