Compensation Following Termination Prior to the End of the Term. In the event that the Executive’s employment is terminated prior to the end of the Term, the Executive will be entitled only to the following compensation and benefits upon termination, and only if the Executive is in compliance with the covenants contained in the Confidentiality, Noncompetition and Inventions Agreement (Technical and Executive Employees) described in Article 4. No rights to other compensation or benefits will accrue to Executive.
Compensation Following Termination Prior to the End of the Term. In the event that Employee’s employment hereunder is terminated prior to the end of the Term, Employee shall be entitled only to the following compensation and benefits upon such termination:
Compensation Following Termination Prior to the End of the Term. In the event that the Executive’s employment hereunder is terminated during but prior to the expiration of the Term, the Executive will be entitled only to the following compensation and benefits under this Agreement upon such termination (together with such other provisions that may be set forth in the Stock Option Agreement):
(a) In the event that the Executive’s employment hereunder is terminated during but prior to the expiration of the Term by reason of the Executive’s death or Total Disability, pursuant to Section 4(a) or 4(b), the Company shall pay the following amounts to the Executive (or the Executive’s estate, as the case may be), to be paid as soon as practicable following the date of such termination (except as stated otherwise below), but in no event prior to or later than the time such payment would not be subject to tax under Code Section 409A:
(1) any accrued but unpaid Base Salary for services rendered before the date of termination;
(2) the Performance Bonus, if any, not yet paid for any fiscal year ending prior to the date of termination of the Executive’s employment, payable as and when such Performance Bonus would have been paid had the Executive’s employment continued;
(3) any incurred but unreimbursed expenses required to be reimbursed pursuant to Section 3(d);
(4) any vacation accrued and unused to the date of termination; and
(5) payment of a pro rata (based on the number of days during the fiscal year of termination that the Executive was employed) portion of the Performance Bonus, if any, for the fiscal year in which the Executive’s employment terminated, payable as and when such bonus would have been paid had the Executive’s employment continued based on actual performance achieved for the fiscal year (subject to Section 7(k) below). In addition, for a period of six (6) months, beginning on the date of termination of the Executive’s employment by reason of death or Total Disability, the Company will, at its expense, provide medical and group health insurance benefits to the Executive and his dependents (or just his dependents, as the case may be), which benefits shall be substantially as favorable to the Executive or his dependents as those provided to him and his dependents immediately preceding the termination of his employment, provided that the Executive (including his estate) co-payments or other obligations to pay for such benefits shall be substantially the same as applied at the time of his termination of employment, an...
Compensation Following Termination Prior to the End of the Term. In the event that Employee's employment hereunder is terminated prior to the end of the Term, Employee shall be entitled only to the following compensation and benefits upon such termination:
(a) Termination by Reason of Death or Total Disability or by the Company for Cause. In the event that Employee's employment is terminated prior to the expiration of the Term by reason of Employee's death or Total Disability or for Cause pursuant to Paragraph 5(a), 5(b) or 5(c) hereof, respectively, the Company shall pay the following amounts to Employee (or Employee's spouse or estate, as the case may be):
i. any accrued but unpaid Base Salary (as determined pursuant to Paragraph 3(a) hereof) for services rendered to the date of termination; and
ii. any accrued but unpaid expenses required to be reimbursed pursuant to Paragraph 4(a) hereof. The benefits to which Employee and/or Employee's family may be entitled upon such termination pursuant to the plans, programs and arrangements referred to in Paragraphs 4(b) and (c) hereof shall be determined and paid in accordance with the terms of such plans, programs and arrangements.
Compensation Following Termination Prior to the End of the Term. (a) Termination by Reason of Death or Total Disability; Termination by the Company for Cause;
Compensation Following Termination Prior to the End of the Term. (a) In the event that Xx. Xxxxxxxxx’x employment hereunder is terminated prior to the expiration of the Term, Xx. Xxxxxxxxx will be entitled only to the following compensation and benefits under this Agreement upon such termination (together with such other provisions that may be set forth in the Stock Option Agreement):
Compensation Following Termination Prior to the End of the Term. In the event that Mxxxxxxxxxx’x consulting engagement hereunder is terminated prior to the end of the Term, Mxxxxxxxxxx shall be entitled only to the following compensation and benefits upon such termination:
(a) Termination by Reason of Mxxxxxxxxxx Becoming Totally Disabled; Termination by Rent-Way for Cause;
