Common use of Cause and Voluntary Termination Clause in Contracts

Cause and Voluntary Termination. If Executive's employment shall be terminated for Cause or the Executive terminates his employment (other than for Good Reason, death or Disability), then without waiving any rights or remedies by reason thereof: (i) the Company shall pay Executive his Base Salary and all amounts actually earned, accrued or owing as of the date of termination but not yet paid to Executive under Section 3 through the date of termination; and (ii) Executive shall be entitled to exercise all options granted to him under this Agreement or otherwise to the extent vested and exercisable at the date of termination of Executive's employment; and (iii) except as otherwise provided in this subsection (b), the Company shall have no further obligations to Executive under this Agreement. Within three months following Executive's termination of employment, Executive or Executive's estate, heirs, executors, administrators, or personal or legal representatives, as the case may be, shall be entitled to exercise all options granted to him that are vested and exercisable pursuant to this Agreement or otherwise and all such options not exercised within such three month period shall be forfeited. All options and restricted stock that are not vested and exercisable pursuant to this Agreement or otherwise as of the date of Executive's termination of employment shall be forfeited.

Cause and Voluntary Termination. If Executive's ’s employment shall be terminated for Cause or the Executive terminates his employment (other than for Good Reason, death or Disability), then without waiving any rights or remedies by reason thereof: (i) the Company shall pay Executive his Base Salary and all amounts actually earned, accrued or owing as of the date of termination but not yet paid to Executive under Section 3 2 through the date of termination; and (ii) Executive shall be entitled to exercise all options granted to him under this Agreement or otherwise to the extent vested and exercisable at the date of termination of Executive's ’s employment; and (iii) except as otherwise provided in this subsection (b), the Company shall have no further obligations to Executive under this Agreement. Within three months following Executive's ’s termination of employment, Executive or Executive's ’s estate, heirs, executors, administrators, or personal or legal representatives, as the case may be, shall be entitled to exercise all options granted to him that are vested and exercisable pursuant to this Agreement or otherwise and all such options not exercised within such three month period shall be forfeited. All options and restricted stock that are not vested and exercisable pursuant to this Agreement or otherwise as of the date of Executive's ’s termination of employment shall be forfeited.

Cause and Voluntary Termination. If Executive's ’s employment shall be terminated for Cause or the Executive terminates his her employment (other than for Good Reason, death or Disability), then without waiving any rights or remedies by reason thereof: (i) the Company shall pay Executive his her Base Salary and all amounts actually earned, accrued or owing as of the date of termination but not yet paid to Executive under Section 3 2 through the date of termination; and (ii) Executive shall be entitled to exercise all options granted to him her under this Agreement or otherwise to the extent vested and exercisable at the date of termination of Executive's ’s employment; and (iii) except as otherwise provided in this subsection (b), the Company shall have no further obligations to Executive under this Agreement. Within three months following Executive's ’s termination of employment, Executive or Executive's ’s estate, heirs, executors, administrators, or personal or legal representatives, as the case may be, shall be entitled to exercise all options granted to him her that are vested and exercisable pursuant to this Agreement or otherwise and all such options not exercised within such three month period shall be forfeited. All options and restricted stock that are not vested and exercisable pursuant to this Agreement or otherwise as of the date of Executive's ’s termination of employment shall be forfeited.

Cause and Voluntary Termination. If Executive's ’s employment shall be terminated for Cause or the Executive terminates his employment (other than for Good Reason, death or Disability), then without waiving any rights or remedies by reason thereof: (i) the Company shall pay Executive his Base Salary and all amounts actually earned, accrued or owing as of the date of termination but not yet paid to Executive under Section 3 through the date of termination; and (ii) Executive shall be entitled to exercise all options granted to him under this Agreement or otherwise to the extent vested and exercisable at the date of termination of Executive's ’s employment; and (iii) except as otherwise provided in this subsection (b)) or as set forth in Section 13, the Company shall have no further obligations to Executive under this Agreement. Within three months following Executive's ’s termination of employmentemployment for Cause or due to voluntary termination other than for Good Reason, death or Disability, Executive or Executive's ’s estate, heirs, executors, administrators, or personal or legal representatives, as the case may be, shall be entitled to exercise all options granted to him that are vested and exercisable pursuant to this Agreement or otherwise and all such options not exercised within such three month period shall be forfeited; provided, however, that in no event shall the option be exercisable after its original expiration date. All options and restricted stock that are not vested and exercisable pursuant to this Agreement or otherwise as of the date of Executive's ’s termination of employment shall be forfeited.