Common use of UPON TERMINATION BY THE COMPANY WITHOUT CAUSE Clause in Contracts

UPON TERMINATION BY THE COMPANY WITHOUT CAUSE. If Executive's employment is terminated by the Company without Cause, the Company will: (i) pay Executive the Accrued Base Salary; (ii) pay Executive the Severance Salary; (iii) pay Executive the Accrued Vacation Payment; (iv) pay Executive the Accrued Reimbursable Expenses; (v) pay Executive the Accrued Benefits, together with any benefits required to be paid or provided under applicable law; and (vi) pay Executive the Accrued Bonus.

Appears in 3 contracts

Sources: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)