Cause or Resignation Sample Clauses

Cause or Resignation. If Executive’s employment terminates under Paragraph 7(d) or (e), Executive shall receive (i) payment of any earned but unpaid Base Salary earned up to and including the date of termination and (ii) reimbursement of any unreimbursed business expenses (together, the “Accrued Obligations”).
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Cause or Resignation. If Grantee is terminated from his employment with the Company for Cause (as defined in the Employment Agreement) in accordance with the Employment Agreement or voluntarily leaves the employ of the Company other than for Good Reason (as defined in the Employment Agreement) prior to expiration of the Employment Agreement, then all unvested Options shall automatically terminate and be cancelled (without any action on the part of the Company) on the effective date of termination. In addition, Grantee shall have the opportunity on the date of such termination for Cause or Grantee's voluntarily leaving the employ of the Company to exercise all vested but unexercised Options. All vested Options not exercised on such date shall thereafter automatically expire (without any action on the part of the Company).
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Cause or Resignation. If the Employee’s employment is terminated (i) by Company for Cause or (ii) by the Employee by his Resignation, the Employee’s Base Salary, Bonus, and Additional Services Compensation, and other benefits specified in Article III hereof shall cease at the time of such termination and Employee shall not be entitled to any unpaid Bonus or unpaid Additional Services Cash Compensation or Additional Services Stock Compensation; provided however, that if the Employee’s employment is terminated for such reasons after the second anniversary of the Closing Date, then the Employee shall be entitled to any unpaid Additional Services Cash Compensation paid as soon as practicable after the termination of employment and any Additional Services Stock Compensation shall be exercisable, to the extent vested, in accordance with the provisions of such stock option grant.
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Cause or Resignation. If Executive's employment is terminated by the COMPANY for CAUSE or if Executive resigns, Executive shall receive any BASE SALARY earned through the DATE OF TERMINATION.
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Cause or Resignation. If the Company terminates the Executive's employment due to Cause or the Executive submits his Resignation (as defined in Section 6(e)), any unvested Options will expire as of the date of termination and any unexercised vested Options will expire on the earlier of December 5, 2009 or 90 days after the date of termination. The Options will have such other terms and conditions as set forth in a stock option agreement and are not inconsistent with this Agreement. These provisions do not apply to options granted to the Executive as a director of the Company.
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Cause or Resignation. If the Optionee’s service to MedQuest is terminated for Cause (including any termination if it is later determined that Cause existed at the time of termination) or by the Optionee’s voluntary resignation, the entire Option, including the Exercisable Portion shall expire immediately upon such termination. For this purpose “Cause” shall mean the occurrence of any of the following events:
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Cause or Resignation. Immediately upon termination by the Company of Optionee’s Continuous Service for Cause, or upon the Optionee’s termination of Continuous Service for any reason not specified in Section 3.1 above.
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Cause or Resignation. Immediately upon termination by the Company of Optionee’s employment and other services with the Company and all Related Companies for Cause, or upon the Optionee’s termination of employment with the Company and all Related Companies for any reason not specified in Section 3.1 above.
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Related to Cause or Resignation

  • Termination for Cause or Resignation In the event Employee is terminated by Employer for Cause or Employee resigns (other than a Termination by Employee for Good Reason), neither Employer nor any affiliate shall have any further obligation to Employee under this Agreement or otherwise, except for payment to Employee of any and all accrued salary and bonuses, provision of the opportunity to elect COBRA health care continuation and otherwise as may be expressly required by law.

  • Termination Without Cause or Resignation for Good Reason If (1) Company terminates Employee’s employment during the Initial Term other than (a) due to Employee’s death or Disability or (b) for Cause (as defined below); or (2) if Employee resigns from Employee’s employment for Good Reason (as defined below) during the Initial Term, Employee shall receive the Accrued Amounts on the Date of Termination and, in addition, subject to the Severance Conditions below, (i) Company shall provide a severance payment equal to three (3) months of Employee’s salary as of the Date of Termination (the “Severance Payment”), divided and paid in equal installments over a period of three (3) months in accordance with Company’s regular payroll practices starting on the first regular payday occurring after the effective date of the Release (as defined below), and (ii) the Company will reimburse Employee for COBRA premiums (at the coverage levels and at the Company-paid rate in effect immediately prior to such termination) for Employee and Employee’s covered dependents until the earliest of (A) the date that is three (3) months following the Date of Termination, (B) the date that Employee (or Employee’s spouse or dependents, as applicable) are no longer eligible for COBRA coverage or (C) the date when Employee receives substantially equivalent health insurance coverage in connection with new employment (the “COBRA Benefit”). Company’s obligation to pay Employee the Severance Payment and COBRA Benefit shall be conditioned on Employee’s satisfaction of the following (the “Severance Conditions”): (1) Employee must first sign, and allow to become effective, a Company-approved separation agreement, which shall include a full general release in a form acceptable to Company, releasing all claims, known or unknown, that Employee may have against Company arising out of or any way related to Employee’s employment or termination of employment with Company (the “Release”); and (2) on or before the effective date of the Release, Employee must have (i) reconfirmed Employee’s agreement to abide by all of the surviving provisions of this Agreement and any other agreement between Employee and Company, (ii) agreed to cooperate in the transition of Employee’s employment; and (iii) agreed not to make any voluntary statements, written or oral, or cause or encourage others to make any such statements that defame, disparage, or in any way criticize the personal and/or business reputations, practices, or conduct of the Company or any of its affiliates. All other Company obligations to Employee will be automatically terminated and completely extinguished.

  • Without Cause or for Good Reason If, during the Employment Period, the Company shall terminate the Executive’s employment without Cause or the Executive shall terminate his employment for Good Reason:

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