Common use of Termination Without Clause in Contracts

Termination Without. In the event Executive is terminated without Cause Cause or With Good (as defined below) or Executive terminates his Reason: employment for Good Reason (as defined below) prior to the conclusion of the Initial Term, Executive shall receive as severance an amount equal to one times his annual base salary.

Appears in 3 contracts

Sources: Employment Agreement (Opnext Inc), Employment Agreement (Opnext Inc), Employment Agreement (Opnext Inc)