By Employee for Good Reason; By Company Without Cause Sample Clauses

By Employee for Good Reason; By Company Without Cause. In the event that Employee's employment hereunder is terminated by Company without Cause or by Employee for Good Reason, then the Company shall (a) pay to Employee all amounts due to Employee pursuant to any bonus that was due to Employee as of the date of such termination, pursuant to the terms of such bonus (a "Due Bonus"), (b) continue to pay to Employee the Base Salary and Benefits to which Employee would be entitled hereunder in the manner provided for herein for the period of time ending on the earlier of the date when the Term would otherwise have expired in accordance with Section 2 hereof and the second anniversary of the date of such termination, (c) reimburse Employee for expenses that may have been incurred, but which have not been paid as of the date of termination, subject to the requirements of Section 4.4 hereof and (d) one hundred percent (100%) of the outstanding stock options granted to the Employee that are unvested shall immediately vest and become exercisable.
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By Employee for Good Reason; By Company Without Cause. In the event that the Employee's employment hereunder is terminated by the Employee for good reason pursuant to Section 5(c) hereof; or by the Company without cause pursuant to Section 5(a) hereof, then:
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By Employee for Good Reason; By Company Without Cause. The provisions of this section shall only take effect after the Employee has been employed with the Company for a period of six (6) months following the Effective Date. In the event that the Employee's employment hereunder is terminated by the Employee for Good Reason pursuant to Section 6(c) hereof, by the Company without Cause pursuant to Section 6(a) hereof, or if the Company chooses not to renew the Agreement at the end of the Initial Term or any Renewal Term, then:
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By Employee for Good Reason; By Company Without Cause. Death or Disability. In the event that the Employee's
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By Employee for Good Reason; By Company Without Cause. In the event that the Employee's employment hereunder is terminated: (i) by the Employee for good reason or (ii) by the Company without Cause, then (A) the Company shall continue to pay and provide Employee his compensation and benefits as set forth in Section 4 in the same manner as before termination, and for a period of time ending on the earlier of the date when the Term of this Agreement would otherwise have expired in accordance with Section 2 of this Agreement and the second anniversary of the date of such termination and (B) one hundred percent (100%) of the outstanding stock options granted to Employee which are unvested shall immediately vest and Employee shall have the right to exercise any vested stock options during the period ending on the second anniversary of the date of such termination or for the remainder of the exercise period; if less.
Sample 1
By Employee for Good Reason; By Company Without Cause. In the event that Employee’s employment hereunder is terminated: (i) by Employee for Good Reason or (ii) by Company without Cause, then Company shall (a) pay to Employee all amounts due to Employee pursuant to any bonus that was due to Employee as of the date of such termination, pursuant to the terms of such bonus (a “Due Bonus”), (b) continue to pay and provide Employee the Base Salary and Benefits (other than health care coverage which is addressed in Section 6.1(e) below) to which Employee would be entitled hereunder in the manner provided for herein for the period of time ending with the Term, (c) reimburse Employee for expenses that may have been incurred, but which have not been paid as of the date of termination, subject to the requirements of Section 4.4 hereof ,(d) one hundred percent (100%) of the outstanding stock options granted to the Employee that are unvested shall immediately vest and become exercisable and (e) continue to pay and provide Employee the health care coverage (including reimbursing Employee for the cost of purchasing COBA health care continuation coverage) to which Employee would be entitled hereunder in the manner provided for herein for the period of time ending on the second anniversary of the date of termination (“Health Coverage Period”) or the COBRA coverage period, if shorter than the Health Coverage Period.
Sample 1
By Employee for Good Reason; By Company Without Cause. In the event that the Employee's employment hereunder is terminated: (i) because the Employee is not elected to the offices of Vice President of the Company and President of the Division, or in a position at least commensurate therewith in all material respects, at any annual meeting of the Company's Board of Directors during the Term of this Agreement, as contemplated by Section 1 hereof and without Employee's consent; (ii) by the Employee for good reason pursuant to Section 5(c) hereof; or (iii) by the Company without Cause, then the Company shall continue to pay or provide, as applicable, the following compensation to the Employee for the remainder of the unexpired Term:
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Related to By Employee for Good Reason; By Company Without Cause

  • Termination by Company without Cause or by Executive for Good Reason If Executive's employment is terminated by the Company without Cause or by Executive for Good Reason:

  • Termination by Employee without Good Reason The Employee shall have the right at any time to terminate the Employee's employment with both Employers without Good Reason by giving the Employers written notice that the Employee is terminating his employment. Any such termination shall apply to the Employee's employment with both Employers and be effective ninety (90) days after the giving of such notice by the Employee.

  • Termination by the Company Without Cause or by Executive for Good Reason If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason:

  • By the Company Without Cause or Resignation by Executive for Good Reason (i) The Employment Term and Executive’s employment hereunder may be terminated by the Company without Cause or by Executive’s resignation for Good Reason.

  • Termination by Employee for Good Reason Employee may terminate his employment hereunder for "Good Reason." As used herein, "Good Reason" shall mean the continuance of any of the following after ten (10) days' prior written notice by Employee to the Company, specifying the basis for such Employee's having Good Reason to terminate this Agreement:

  • Termination by the Company for Cause or by Executive Without Good Reason If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive all amounts earned or accrued hereunder through the termination date, including:

  • Termination by Employer Without Cause or by Executive for Good Reason If Employer terminates Executive’s employment without Cause, or if Executive terminates his employment for Good Reason, Employer shall pay Executive in a lump sum: (i) all Base Salary earned and all reimbursable expenses incurred under this Agreement through such termination date; and (ii) an amount equal to one (1) times Executive’s highest Base Salary over the prior three (3) years. The amount described in 5.b.(i) herein shall be paid no later than forty-five (45) days after the day on which employment is terminated. The amount described in 5.b.(ii) herein shall be paid on the first day of the month following a period of six (6) months after the termination of employment, provided that the payment may be made sooner if either (i) the amount does not exceed the IRC Safe Harbor or (ii) at the Executive’s election, the amount described in Section 5.a.(ii) is reduced to fit within the IRC Safe Harbor. No payment will be made pursuant to Section 5.a.(ii) unless the Executive has signed a Release Agreement which has become irrevocable prior to the payment date.

  • By Employee for Good Reason Employee may terminate her employment at any time for Good Reason; provided that Employee notifies promptly Employer of any act or omission that she asserts to constitute Good Reason and Employer fails to take reasonable steps to cure such breach within 30 days. For purposes of this Agreement, "Good Reason" shall mean:

  • Termination Without Cause or by Executive for Good Reason (a) Company and Executive each reserve the right to terminate Executive’s employment at any time. If a Termination Date occurs due to Company terminating Executive without Cause or Executive terminating for Good Reason (as defined herein), then Company or its successor shall have no further obligations under this Agreement except that Company or its successor shall pay to Executive the amounts shown in Section 4.5(c) hereof.

  • Termination by Company Without Cause The Company may terminate Employee’s employment without Cause upon thirty (30) days written notice to Employee. If Employee’s employment with the Company is terminated by the Company without Cause, and Employee signs and does not revoke a Release, then Employee shall be entitled to the following:

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