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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by argentia77on Oct 21, 2016 4:55pm
189 Views
Post# 25372838

or... Termination with Cause

or... Termination with Cause
Termination for Cause or Due to Death
In the case that Mr. Thompson’s employment agreement is terminated (a) for cause (as defined in Mr. Thompson’s employment agreement), or (b) due to death, Mr. Thompson’s employment with the Corporation shall end immediately and Mr. Thompson shall be entitled to: (i) payment of his base salary up to the date of termination; (ii) any benefits to which he is entitled to and which are unpaid as of the date of termination; (iii) the value of any unused vacation time to which he is entitled to as of the date of termination; and (iv) any business expenses properly incurred but not reimbursed as of the date of termination.


I thought gross incompetence qualifies as "with Cause"
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