Cause or Misconduct. In the event the Company terminates Executive for Cause or Misconduct, Executive shall not be entitled to any compensation other than Base Salary accrued through the date of termination. Such termination shall also immediately cease the vesting of all outstanding unvested options and restricted stock held on the date of termination and all such unvested options shall thereupon expire.
Appears in 10 contracts
Samples: Executive Employment Agreement (MaryJane Group, Inc.), Executive Employment Agreement (Pladeo Corp.), Executive Employment Agreement (Pladeo Corp.)