Common use of Circumstances Under Which Termination Benefits Would Not Be Paid Clause in Contracts

Circumstances Under Which Termination Benefits Would Not Be Paid. The Company shall be obligated to pay the amounts of Base Salary and bonus accrued and unpaid on the date of termination, and shall not be obligated to pay Executive the termination benefits or continue the Option vesting described in Sections 6.1 through 6.3 above, if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employment other than for Good Reason (as defined below in Section 6.5). For purposes of this Agreement, "Cause" shall be limited to:

Appears in 5 contracts

Samples: Employment Agreement (Marketwatch Com Inc), Employment Agreement (Marketwatch Com Inc), Employment Agreement (Marketwatch Com Inc)

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Circumstances Under Which Termination Benefits Would Not Be Paid. The Company shall be obligated to pay the amounts of Base Salary and bonus accrued and unpaid on the date of termination, and shall not be obligated to pay Executive the termination benefits or continue the Option vesting described in Sections 6.1 through 6.3 above, if the Employment Period is terminated for Cause or if Executive voluntarily terminates his her employment other than for Good Reason (as defined below in Section 6.5). For purposes of this Agreement, "Cause" shall be limited to:

Appears in 2 contracts

Samples: Employment Agreement (Marketwatch Com Inc), Employment Agreement (Marketwatch Com Inc)

Circumstances Under Which Termination Benefits Would Not Be Paid. The Company shall only be obligated to pay the amounts of Base Salary and bonus accrued and but unpaid on the date of termination, and shall not be obligated to pay Executive the termination benefits or continue the Option stock option vesting described in Sections subparagraphs 6.1 through 6.3 above, above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employment other than for Good Reason (as defined below in Section 6.5below). For purposes of this Agreement, "Cause" shall be limited to:

Appears in 1 contract

Samples: Employment Agreement (Marketwatch Com Inc)

Circumstances Under Which Termination Benefits Would Not Be Paid. The Company shall be obligated to pay the amounts of Base Salary and bonus Target Bonus accrued and unpaid on the date of termination, and shall not be obligated to pay Executive the termination benefits or continue the Option vesting described in Sections 6.1 through 6.3 above, if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employment other than for Good Reason (as defined below in Section 6.5). For purposes of this Agreement, "Cause" shall be limited to:

Appears in 1 contract

Samples: Employment Agreement (Marketwatch Com Inc)

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Circumstances Under Which Termination Benefits Would Not Be Paid. The Company shall only be obligated to pay the amounts of Base Salary and annual target bonus accrued and but unpaid on the date of termination, and shall not be obligated to pay Executive the termination benefits or continue the Option vesting described in Sections subparagraphs 6.1 through 6.3 above, above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employment other than for Good Reason (as defined below in Section 6.5below). For purposes of this Agreement, "Cause" shall be limited to:

Appears in 1 contract

Samples: Employment Agreement (Philipp Brothers Chemicals Inc)

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