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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > or... Termination with Cause
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Post by argentia77 on Oct 21, 2016 4:55pm

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"
Comment by YOLO77 on Oct 21, 2016 4:58pm
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