COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. In the event the Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason, then the Company shall continue to pay his Base Salary (defined below) and health insurance (provided he makes an appropriate COBRA election) for the remainder of the Employment Term or Renewal Term, as the case may be, in accordance with the Company’s then-current payroll practices, and a pro-rated portion of any discretionary bonus awarded to the Executive for the year in which Termination occurs, but the Executive shall be entitled to no other compensation or benefits. The Executive shall be entitled to a minimum of twelve (12) months Base Salary under the foregoing sentence.
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. Upon any Termination of Employment of the Executive by the Company without Cause (other than because of death, Disability or Retirement), or any Termination of Employment by the Executive for Good Reason, in any case, during any Protected Period, in lieu of any severance benefits Executive would otherwise be eligible to receive under any employment agreement with the Company or any subsidiary or under the Company’s or any subsidiary’s severance plan, if any, as in effect immediately prior to the earlier of the Change in Control or the Executive’s Termination of Employment, the Executive shall be entitled to the following benefits and payments:
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. If the Executive's employment with the Company is terminated by the Company (other than for Cause, Disability or death) or by the Executive for Good Reason without a Change in Control having occurred, then the Executive shall be entitled to the Accrued Compensation as well as to the following benefits:
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. If the Executive's employment by the Employer is terminated by the Employer other than for Cause in accordance with Section 8(d) hereof or by the Executive for Good Reason in accordance with Section 8(e) hereof (i) the Employer shall pay to the Executive a lump sum in cash within 30 days of the date of termination in an amount equal to (x) the sum of (1) the Base Salary in effect immediately prior to termination and (2) the greater of the Annual Bonus paid or payable, including any bonus or portion thereof which has been earned but deferred, for the most recently completed fiscal year during the Employment Term or, if the Executive's termination of employment occurs during the first year of the Employment Term, $80,000, multiplied by one and one-half, plus (y) the Accrued Obligations; (ii) the Employer shall timely pay or provide the Other Benefits; and (iii) the Employer shall continue to comply with its obligations under Section 7(b) without regard to such termination.
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. (a) If Sky shall terminate the Executive's employment without Cause (that is, terminated for other than for Retirement, death, Disability or Cause) or if the Executive shall terminate his employment for Good Reason pursuant to Section 11 hereof, then Sky shall pay to the Executive in a lump sum (except as provided in Section 12(a)(iii) below) on the thirtieth (30th) day following the Date of Termination (as hereafter defined), the following amounts:
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. Following a Change in Control, upon any termination of the Executive’s employment by the Company without Cause (other than because of death, Disability or Retirement), or any termination of employment by the Executive for Good Reason, in any case, during the term of this Agreement, in lieu of any severance benefits Executive would otherwise be eligible to receive under any employment agreement with the Company or under the Company’s severance plan, if any, as in effect immediately prior to the Change in Control, the Executive shall be entitled to the following benefits and payments:
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. In the event the Employee’s employment is terminated by the Company without Cause or by the Employee for Good Reason, then the Company shall continue to pay his Base Salary (defined below) and health insurance, if provided through the Company (provided he makes an appropriate COBRA election) for the remainder of the Employment Term or Renewal Term, as the case may be, in accordance with the Company’s then-current payroll practices, and a pro-rated portion of any discretionary bonus awarded to the Employee for the year in which Termination occurs, but the Employee shall be entitled to no other compensation or benefits.
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. If the Executive’s employment by the Company is terminated by the Company other than for Cause in accordance with Section 8(d) hereof or by the Executive for Good Reason in accordance with Section 8(e) hereof (i) the Company shall pay to the Executive a lump sum in cash within 30 days of the date of termination in an amount equal to (x) the sum of (1) the Base Salary in effect immediately prior to termination and (2) the greater of the Annual Bonus paid or payable, including any bonus or portion thereof which has been earned but deferred, for the most recently completed fiscal year (if any) plus (y) the Accrued Obligations; and (ii) the Company shall timely pay or provide the Other Benefits. In addition, the Executive shall be entitled to relocation benefits pursuant to the Company’s then relocation benefit program for any relocation from any office or location as provided in Section 1(a) to the Atlanta metropolitan area; provided, however, that in no event shall such program provide the Executive with relocation benefits which are materially less favorable, in the aggregate, than the relocation program in effect for the Executive as of the Effective Date. As part of this program, if Executive’s home at 00000 Xxxxxxxx Xxxxx, Xx. Xxxxx, IN is sold at less than the original purchase price thereof, the Company shall pay Executive any such shortfall in cash.
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. If the Executive's employment by the Employer is terminated by the Employer other than for Cause in accordance with Section 8(d) hereof or by the Executive for Good Reason in accordance with Section 8(e) hereof (i) the Employer shall pay to the Executive a lump sum in cash within 30 days of the date of termination in an amount equal to (x) the sum of (1) the Base Salary in effect immediately prior to termination and (2) the greater of the Annual Bonus paid or payable, including any bonus or portion thereof which has been earned but deferred, for the most recently completed fiscal year during the Employment Term, multiplied by one and one-half, plus (y) the Accrued Obligations; (ii) the Employer shall timely pay or provide the Other Benefits; and (iii) the Employer shall continue to comply with its obligations under Section 7(b) without regard to such termination.
COMPENSATION UPON TERMINATION WITHOUT CAUSE OR FOR GOOD REASON. If the Executive's employment by the Employer is terminated by the Employer other than for Cause in accordance with Section 8(d) hereof or by the Executive for Good Reason in accordance with Section 8(e) hereof (i) the Employer shall pay to the Executive a lump sum in cash within 30 days of the date of termination in an amount equal to (x) the sum of (1) the Base Salary in effect immediately prior to termination and (2) the greater of the Annual Bonus paid or payable, including any bonus or portion thereof which has been earned but deferred, for the most recently completed fiscal year during the Employment Term or, if the Executive's termination of employment occurs during the first year of the Employment Term, $500,000, multiplied by the number of years (or partial years) remaining in the Employment Term as of the date of termination (without additional extension), plus (y) the Accrued Obligations; (ii) the Employer shall timely pay or provide the Other Benefits; and (iii) the Employer shall continue to comply with its obligations under Section 7(b) without regard to such termination. Notwithstanding the foregoing, if the Executive's employment by the Employer is terminated by the Executive for Good Reason in accordance with Section 8(e)(vi), the Executive shall be entitled to receive the payments and benefits described in Section 9(f) in lieu of the payments and benefits described in this Section 9(e), regardless of whether a Change of Control has occurred.
