Benefits Upon Termination of Employment Period Sample Clauses

Benefits Upon Termination of Employment Period. Executive's employment by the Company shall terminate immediately upon Executive's receipt of written notice by the Company, upon the Company's receipt of written notice by Executive, or upon Executive's death or permanent disability. Except in connection with a termination for Cause (as defined in Subsection 4.2) or a voluntary termination by Executive for other than Good Reason (as defined in Subsection 4.3), the Company shall provide Executive with termination benefits upon termination of the Employment Period, as follows:
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Benefits Upon Termination of Employment Period. 7 (a) Termination of Employment by the Company without Cause or by Executive for Good Reason. In the event of termination prior to the completion of the Original Employment Period by the Company without Cause (as defined in Section 4(d)), or by the Executive for Good Reason (as defined in Section 4(e)), Executive shall be entitled to all compensation and accrued benefits earned by him, including bonuses, prior to the date of termination as provided for in this Agreement, pro rata up to and including that date. In addition, if termination under this section occurs on or before September 1, 2000, then Executive shall be entitled to eighteen (18) months ("Severance Period") compensation, or if termination under this section occurs after September 1, 2000, then Executive shall be entitled to twelve (12) months ("Severance Period") compensation as full and complete severance ("Severance Compensation"). Severance Compensation as used in this section is the monthly salary, which would be earned, and due under Section 3(a)(i). The Severance Compensation shall be paid monthly over the term of the Severance Period. Upon such payment, the Company's obligations to the Executive shall terminate. In addition, the Company will provide insurance benefits as specified under Section 3(g) for a period of ninety days after termination. Furthermore, to the extent permitted by applicable laws and the Plan, all stock options granted to Executive in connection with this Agreement that would have vested during the Severance Period (on a pro-rated basis using the contract anniversary dates) shall become immediately and fully exercisable. The Executive shall not be entitled to any other compensation or other severance payment
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Benefits Upon Termination of Employment Period. Executive's employment by the Company shall terminate immediately upon Executive's receipt of written notice of termination by the Company, upon the Company's receipt of written notice of termination by Executive, or upon Executive's death or permanent disability. "Permanent disability" shall mean any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months and which renders Executive unable to perform effectively the duties and responsibilities of his office. Except in connection with a termination for Cause (as defined in Subsection 4.2), or on account of permanent disability (as defined above), or a voluntary termination by Executive for other than Good Reason (as defined in Subsection 4.3), upon execution by Executive of an effective release of claims substantially in the form attached as Exhibit B as shall be finally determined by the Company, the Company shall provide Executive with termination benefits upon termination of the Employment Period, as follows:
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Benefits Upon Termination of Employment Period. Executive's ---------------------------------------------- employment by the Company shall terminate immediately upon Executive's receipt of written notice by the Company, immediately upon the Company's receipt of written notice by Executive, or immediately upon Executive's death or Disability (as defined below). In the event of Executive's termination without Cause (as defined in Subsection 4.2) or Executive's termination of the Employment Period or the Extended Employment Period for Good Reason (as defined in Subsection 4.3), the Company shall provide Executive with termination benefits upon termination of the Employment Period or Extended Employment Period, as follows:
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Benefits Upon Termination of Employment Period. (a) Termination of Employment by Death, Disability, or By Executive For Good Reason. In the event of termination prior to the completion of the Original Employment Period by the Company as a result of Executive's death or disability or, by the Executive for Good Reason (as defined in Section 4(e)), Executive shall be entitled to all compensation and accrued benefits earned by her, including bonuses, prior to the date of termination as provided for in this Agreement, pro rata up to and including that date, together with an amount equal to the greater of six (6) months salary or the balance of salary remaining in the Original Employment Period, as full and complete severance compensation. Thereafter, the Company's obligations to the Executive shall terminate. Furthermore, to the extent permitted by applicable laws and the Plan, all stock options granted to Executive in connection with this Agreement shall become immediately and fully exercisable.
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Benefits Upon Termination of Employment Period. (a) Termination of Employment by Disability, by the Company without Cause or by Executive for Good Reason. In the event of termination prior to the completion of the Original Employment Period by the Company as a result of Executive's Disability or, by the Company without Cause, or by the Executive for Good Reason (as defined in Section 4(e)),
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Benefits Upon Termination of Employment Period 
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Related to Benefits Upon Termination of Employment Period

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • Rights Upon Termination of Employment The terms which regulate the treatment of the International Participant's Restricted Stock Units upon termination of employment are set out in the Plan and in the Award Documents. In summary, upon the International Participant's termination of employment for any reason other than death, Disability or Retirement, any unvested Restricted Stock Units shall be forfeited and cancelled on the date of such termination of employment.

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Payments Upon Termination of Employment (a) If Executive’s employment with the Company is terminated by reason of:

  • Compensation and Benefits Upon Termination of Employment (a) If the Company shall terminate the Executive's employment after a Change in Control other than pursuant to Section 3(b), 3(c) or 3(d) and Section 3(f), or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive, as severance compensation and in consideration of the Executive's adherence to the terms of Section 5 hereof, the following:

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

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