Cause or Voluntary Termination. If your employment shall be terminated by the Corporation for Cause or voluntarily terminated by you other than for Good Reason, the Corporation shall pay you your full base salary through the Date of Termination at the rate in effect at the time Notice of Termination is given, plus all other amounts to which you are entitled under any compensation plan or practice of the Corporation, and the Corporation shall have no further obligations to you under this Agreement.
Cause or Voluntary Termination. If the Employee's employment shall be terminated either (i) by the Company for Cause or (ii) by the Employee voluntarily other than for Good Reason in accordance with Section 3.4 below, this Agreement shall terminate without further obligations of the Company to the Employee hereunder."
3. After Section 3.3 of the Change of Control Agreement, a new paragraph 3.4 shall be inserted, as follows:
Cause or Voluntary Termination. If the Executive’s employment shall be terminated by the Company for Cause, the Company’s sole obligation shall be to pay the Executive his Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given. If the Executive’s employment shall be terminated voluntarily by the Executive, the Company shall pay the Executive (i) his Base Salary through the Date of Termination at the rate in effect at the time Notice of Termination is given; and (ii) an amount equal to the highest Bonus previously received by the Executive, to be paid at the time such bonuses are customarily paid, and pro-rated in accordance with Section 3(f).
Cause or Voluntary Termination. If the Executive’s employment is terminated by the Company for Cause, the Company shall pay the Executive Annual Base Salary through the Date of Termination and shall have no further obligations under this Agreement. If the Executive terminates voluntarily, the Company shall pay the Executive the Accrued Obligations and the Company shall have no further obligations under this Agreement.
Cause or Voluntary Termination. Upon termination of employment of a Participant under the Employment Agreement for Cause (as defined therein) or by the Participant under the Employment Agreement without Good Reason (as defined therein) or any other written agreement between the Participant and the Company, all outstanding Options shall immediately be canceled.
Cause or Voluntary Termination. In the event of Executive’s termination pursuant to Sections 5(c) or 5(e), Executive shall be entitled to no further compensation or other benefits under this Agreement, except as to (i) that portion of any unpaid Base Salary earned by Executive hereunder up to and including the effective date of such termination and (ii) any unpaid incentive payment earned by Executive with respect to any award under the Annual Incentive Plan or Stock Incentive Plan and vested prior to the effective date of such termination.
Cause or Voluntary Termination. If this Agreement is terminated for Cause or by reason of a Voluntary Termination, the Company shall have no further obligations to the Consultant from and after the termination date and Consultant shall not be entitled to any severance payment. If on the date of termination for cause, Consultant holds any unexercised options to purchase capital stock of the Company, such options shall be deemed surrendered and cancelled as of the date of termination, without exercise.
Cause or Voluntary Termination. If Executive’s employment shall be terminated either (A) by the Company for Cause or (B) voluntarily by Executive other than for Good Reason, the Company shall pay Executive: (i) her Base Salary and Base Commission accrued through the Date of Termination at the rate in effect at the time Notice of Termination is given (provided, that with respect to Commissions, the Company shall pay the amounts as estimated in good faith by the Board on the Date of Termination, subject to an upward or downward adjustment thereafter based on the actual finally determined numbers); and (ii) for all accrued and unused vacation days or other paid time off. For the avoidance of doubt, under any such termination of employment described in this Section 4(c), Executive shall not be entitled to receive any unpaid bonus.
Cause or Voluntary Termination. If the Executive's employment is terminated by the Company for Cause or the Executive voluntarily terminates his employment, this Agreement shall terminate without further obligations to the Executive other than for the timely payment of Accrued Obligations and any amounts due pursuant to the terms of any applicable welfare or pension benefit plans of the Company. If it is subsequently determined that the Company did not have Cause for termination under this Paragraph 7(b), then the Company's decision to terminate shall be deemed to have been made under Paragraphs 6(c) and 7(c) and the amounts payable under Paragraph 7(c) shall be the only amounts the Executive may receive for his termination; provided, however, that in such event and notwithstanding Paragraph 11 hereof, the Company shall reimburse the Executive for his costs (including reasonable attorneys' fees) actually incurred in connection with said determination.
Cause or Voluntary Termination. If the Executive's employment is ------------------------------ terminated by the Company for Cause or the Executive voluntarily terminates employment (except for a "Good Reason" described in Section 5(e)(4) below), this Agreement shall terminate without further obligations to the Executive other than for the timely payment of Accrued Obligations and any amounts due pursuant to the terms of any applicable welfare or pension benefit plans. If it is subsequently determined that the Company did not have Cause for termination under this Section 5(e)(2), then the Company's decision to terminate shall be deemed to have been made under Section 5(e)(3) and the amounts payable thereunder shall be the only amounts the Executive may receive for his termination.
