Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good Reason), the Corporation shall pay the Executive the Accrued Obligations other than the Pro- rated Bonus Obligation. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan), the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this Agreement.
Appears in 5 contracts
Samples: Employment Protection Agreement (Tambrands Inc), Employment Protection Agreement (Tambrands Inc), Employment Protection Agreement (Tambrands Inc)
Cause and Voluntary Termination. If, during the Employment Retention Period, ------------------------------- the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good Reason), the Corporation Company shall pay the Executive the Accrued Obligations other than the Pro- Pro-rated Bonus Obligation. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan), the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation Company shall have no further obligations to the Executive under this Agreement.
Appears in 4 contracts
Samples: Employment Protection Agreement (Loral Space & Communications LTD), Merger Agreement (Lockheed Martin Corp), Employment Protection Agreement (Loral Corp /Ny/)
Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good ReasonConstructive Termination), the Corporation shall pay the Executive all Base Salary and benefits to which the Executive is entitled pursuant to Section 5 through the Date of Termination and the Accrued Obligations other than the Pro- rated Bonus ObligationObligations. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan)Executive, the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Hansen Natural Corp), Employment Agreement (Hansen Natural Corp)
Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good ReasonConstructive Termination), the Corporation shall pay the Executive all Base Salary and benefits to which the Executive is entitled pursuant to Section 6 through the Date of Termination and the Accrued Obligations other than the Pro- rated Bonus ObligationObligations. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan)Executive, the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Hansen Natural Corp), Employment Agreement (Hansen Natural Corp)
Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's ’s employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good ReasonConstructive Termination), the Corporation shall pay the Executive all Base Salary and benefits to which the Executive is entitled pursuant to Section 6 through the Date of Termination and the Accrued Obligations other than the Pro- rated Bonus ObligationObligations. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan)Executive, the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Hansen Natural Corp), Employment Agreement (Hansen Natural Corp)
Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's ’s employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good Reason), the Corporation shall pay the Executive the Accrued Obligations other than the Pro- Pro-rated Bonus Obligation. Unless otherwise directed by the Executive (or, Except in the case of payments due to the Executive under any Qualified Employee Benefit Plan, as may which payments shall be required governed by such plan)the terms thereunder, the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this the Agreement.
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Cause and Voluntary Termination. If, during the Employment Period, ------------------------------- the Executive's employment shall be terminated for Cause or voluntarily terminated by the Executive (other than on account of Good Reason), the Corporation shall pay the Executive the Accrued Obligations other than the Pro- Pro-rated Bonus Obligation. Unless otherwise directed by the Executive (or, in the case of any Qualified Plan, as may be required by such plan), the Executive shall be paid all such Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination and the Corporation shall have no further obligations to the Executive under this Agreement.
Appears in 1 contract