By Employee With Cause Sample Clauses

By Employee With Cause. Termination of employment by Employee with cause shall occur if Employee terminates employment for any of the following reasons: (1) A material adverse alteration in Employee's position, responsibilities or status from that which was in effect immediately prior to a Change in Control. (2) A reduction in Employee's compensation as in effect immediately prior to the Change in Control, or a substantial reduction in the benefits provided to Employee prior to the Change in Control. (3) Relocation of Employee by the Company to a location that is more than 35 miles from the Employee's current workplace. (4) The material breach of the Company of any portion of its employment policies and/or any employment agreement with Employee. Provided, however, that 180 days after Employee begins performing duties pursuant to a position that was offered by the Company (or its successor) following a Change in Control and that would have otherwise resulted in the occurrence of the events described in this Section 2.3(b), the occurrence of the events described in this Section 2.3(b) shall be determined by reference to the position as it was accepted by Employee following the Change in Control.

By Employee With Cause. The Employee may terminate this Agreement at any time with cause upon notice to the Corporation setting forth the Early Termination Date. The term "cause" shall mean a breach of this Agreement in any material way by the Corporation, which breach is not cured within thirty (30) days after notice of such breach to the Corporation by the Employee setting forth the facts upon which the notice is based. In the event of such Early Termination Date, then from the Early Termination Date until the Scheduled Termination Date, the Employee shall be entitled to continue to receive, the same Base Salary which the Employee was receiving at the time of such Early Termination Date (in the manner and as described in Section 3.1) and all Executive Benefits which the Employee was receiving or entitled to receive as of such Early Termination Date (in the manner and as described in Section 4.1). Further, all outstanding stock options which shall have been granted to the Employee shall become immediately exercisable (if not already exercisable in full) and shall continue in full force and effect.

By Employee With Cause. Employee may upon 10 days prior written notice terminate this Agreement for reason of cause. At the time of such termination, Company shall continue to pay salary to Employee at the periodic rate that is in effect at the time of notice pursuant to Section 2.1 for the term of the Agreement until the effective date of termination. In addition, Company will pay to Employee the payments described in Section 7.1 and all expense reimbursements under Section 2.2 for expenses incurred in the performance of his duties prior to and contemporaneously with termination. Termination for "cause" for purposes of this Section 6.1(f), is a termination of employment following a Change in Control (defined in Section 7.2) under any of the following circumstances:

By Employee With Cause. The Employee may terminate this ---------------------- Agreement at any time for cause, upon notice to the Corporation setting forth the early termination date. For purposes of this Section 9.4, the term "cause" shall mean a material breach by the Corporation of any material term or provision of this Agreement, which breach is not cured within thirty (30) days after notice of such breach to the Corporation by the Employee setting forth the facts upon which the breach is based. In such event, the Employee shall be entitled to receive his Base Salary (in the manner and as described in Section 4.1) for a period of eighteen (18) months following the early termination date.

By Employee With Cause. Termination of employment by Employee with cause shall occur if Employee terminates employment for any of the following reasons: (1) A material adverse alteration in Employee's position, responsibilities or status from that which was in effect immediately prior to a Change in Control. (2) A reduction in Employee's compensation as in effect immediately prior to the Change in Control, or a substantial reduction in the benefits provided to Employee prior to the Change in Control. (3) The material breach of the Company of any portion of its employment policies and/or any employment agreement with Employee. Provided, however, that 180 days after Employee begins performing duties pursuant to a position that was offered by the Company (or its successor) following a Change in Control and that would have otherwise resulted in the occurrence of the events described in this Section 2.3(b), the occurrence of the events described in this Section 2.3(b) shall be determined by reference to the position as it was accepted by Employee following the Change in Control.

By Employee With Cause. Employee may upon 10 days prior written notice terminate this Agreement for reason of cause. At the time of such termination, Company shall continue to pay salary to Employee at the periodic rate that is in effect at the time of notice pursuant to Section 2.1 for the term of the Agreement until the effective date of termination. In addition, Company will pay to Employee the payments described in Section 7.1 and all expense reimbursements under Section 2.2 for expenses incurred in the performance of his duties prior to and contemporaneously with termination, shall be entitled to exercise any shares issued to the Employee pursuant to the Stock Option Agreement dated May 1, 2002, a copy of which is attached hereto as Exhibit 6.1(a). Termination for "cause" for purposes of this Section 6.1(f), is a termination of employment following a Change in Control (defined in Section 7.2) under any of the following circumstances: