Common use of Cause or Resignation for Good Reason Clause in Contracts

Cause or Resignation for Good Reason. In the event that Executive is terminated by the Company for any reason other than Just Cause (as defined below), or if the Executive shall resign her employment for Good Reason (as defined below), the following shall occur provided Executive signs a release, releasing all claims that Executive may have against the Company related specifically to the cause of the termination as documented by the Company as of the date Executive signs such release, and upon the written acknowledgment of her continuing obligations under the Confidentiality Agreement, attached as Exhibit F, Executive shall receive the following severance benefits: a) if the termination without Just Cause or the resignation for Good Reason occurs within the first 12 months of Employment with the Company (for purposes of this paragraph 11(d) the 12 month period shall be measured from the Effective Date), Executive shall receive 12 months of her then currently salary, payable monthly and less all applicable deductions and withholdings; b) if the termination without Just Cause or the resignation for Good Reason occurs within the second 12 months of employment with the Company, Executive shall receive 6 months of her then currently salary, payable monthly and less all applicable deductions and withholdings; and

Cause or Resignation for Good Reason. In the event that Executive is terminated by the Company for any reason other than Just Cause (as defined below), or if the Executive shall resign her his employment for Good Reason (as defined below), the following shall occur provided Executive signs a full general release, releasing all claims claims, known or unknown that Executive may have against the Company related specifically to Executive's employment with the cause of Company or the termination of said employment as documented by the Company as of the date Executive signs such release, and upon the written acknowledgment of her his continuing obligations under the Confidentiality Agreement, attached as Exhibit F, Executive shall receive the following severance benefits: a) if the termination without Just Cause or the resignation for Good Reason occurs within the first 12 months of Employment with the Company (for purposes of this paragraph 11(d) the 12 month period shall be measured from the Effective Date), Executive shall receive 12 months of her his then currently salary, payable monthly and less all applicable deductions and withholdings; b) if the termination without Just Cause or the resignation for Good Reason occurs within the second 12 months of employment with the Company, Executive shall receive 6 months of her then currently salary, payable monthly and less all applicable deductions and withholdings; andJust