Voluntary Termination; Termination With Cause. If the Executive shall cease being an employee of the Company on account of the Executive’s Voluntary Termination or a Termination With Cause, the Executive shall have no further rights against the Company hereunder after the Termination Date, except for the right to receive (i) any Base Salary and bonus compensation earned but unpaid as of the Termination Date, and (ii) reimbursement of business expenses to which the Executive is entitled as of the Termination Date pursuant to Section 5. In the event of a Voluntary Termination or a Termination With Cause, the Executive shall continue to be subject to the Confidentiality Agreement and the Non-Compete Agreement.
Appears in 14 contracts
Sources: Employment Agreement (Mri Interventions, Inc.), Employment Agreement (Mri Interventions, Inc.), Employment Agreement (Mri Interventions, Inc.)
Voluntary Termination; Termination With Cause. If (i) the Executive shall cease being an employee of the Company on account of the Executive’s a Voluntary Termination or (ii) there shall be a Termination With Cause, the Executive shall have no further rights against the Company hereunder not be entitled to any compensation after the effective date of such Voluntary Termination Date, or Termination With Cause (except for the right to receive (i) any Base Salary base salary and bonus compensation earned vacation accrued but unpaid as on the effective date of the Termination Date, and (ii) reimbursement of business expenses to which the Executive is entitled as of the Termination Date pursuant to Section 5such event). In the event of a Voluntary Termination (which shall not include the Executive’s resignation for Good Reason following a Change in Control as defined by Paragraph 11), or a Termination With Cause, the Executive shall continue to be subject to the Confidentiality Agreement and the Non-Compete Agreementcovenants contained in Section 12 hereof.
Appears in 10 contracts
Sources: Employment Agreement (Hersha Hospitality Trust), Employment Agreement (Hersha Hospitality Trust), Employment Agreement (Hersha Hospitality Trust)
Voluntary Termination; Termination With Cause. If the Executive shall cease being an employee of the Company on account of the Executive’s Voluntary Termination or a Termination With Cause, the Executive shall have no further rights against the Company hereunder after the Termination Date, except for the right to receive (i) any Base Salary and bonus compensation earned but unpaid as of the Termination Date, and (ii) reimbursement of business expenses to which the Executive is entitled as of the Termination Date pursuant to Section 5. In the event of a Voluntary Termination or a Termination With Cause, the Executive shall continue to be subject to the Confidentiality Agreement and the Non-Compete Agreement.
Appears in 6 contracts
Sources: Employment Agreement (Surgivision Inc), Employment Agreement (Surgivision Inc), Employment Agreement (Surgivision Inc)
Voluntary Termination; Termination With Cause. If the Executive shall cease being an employee of the Company on account of the Executive’s Voluntary Termination or a Termination With Cause, the Executive shall have no further rights against the Company hereunder after the Termination Date, except for the right to receive (i) any portion of Base Salary and bonus compensation earned but unpaid as of the Termination Date, and (ii) reimbursement of business expenses to which the Executive is entitled as of the Termination Date pursuant to Section 5. In the event of a Voluntary Termination or a Termination With Cause, the Executive shall continue to be subject to the Confidentiality Agreement and the Non-Compete Agreement.
Appears in 1 contract