Common use of Compensation Upon Termination Without Cause or Upon Resignation with Good Reason Clause in Contracts

Compensation Upon Termination Without Cause or Upon Resignation with Good Reason. If the CEO terminates Executive's employment hereunder for any reason other than Cause or Executive's death or Permanent Disability (as defined in Section 5.5), or if Executive voluntarily resigns his employment with EVCI with Good Reason (the effective date of the first to occur of such termination or his resignation being the "Termination Date"), then (a) Executive shall be entitled to receive (i) the Salary and Benefits accrued prior to the Termination Date and (ii) payment or reimbursement of any expenses, provided for under Section 4.3, that were incurred by Executive prior to the Termination Date and (b) after the Termination Date, EVCI will also continue (i) to pay the Salary, in equal semimonthly payments, to Executive throughout the greater of 12 months or the unexpired portion of the Employment Term and (ii) continue for Executive and his spouse and dependent children the health insurance coverage and medical and dental reimbursement referred to in Section 4.2 for 12 months after the Termination Date. Executive shall be under no duty to seek other employment following termination but any amounts earned by him in connection with such other employment shall reduce and offset the amounts otherwise owing hereunder.

Compensation Upon Termination Without Cause or Upon Resignation with Good Reason. If EVC's Chief Executive Officer or the CEO Board terminates Executive's employment hereunder for any reason other than Cause or Executive's death or Permanent Disability (as defined in Section 5.5), or if Executive voluntarily resigns his employment with EVCI EVC with Good Reason (the effective date of the first to occur of such termination or his resignation being the "Termination Date"), then (a) Executive shall be entitled to receive (i) the Salary and Benefits accrued prior to the Termination Date and (ii) payment or reimbursement of any expenses, provided for under Section 4.3, that were incurred by Executive prior to the Termination Date and (b) after the Termination Date, EVCI EVC will also continue (i) to pay the Salary, in equal semimonthly payments, to Executive throughout for the greater lesser of 12 months or the unexpired portion of the Employment Term and six months after the Termination Date and (ii) continue for Executive and his spouse and dependent children the health insurance coverage and medical and dental reimbursement referred to in Section 4.2 for 12 six months after the Termination Date. Executive shall be under no duty to seek other employment following termination but any amounts earned by him in connection with such other employment shall reduce and offset the amounts otherwise owing hereunder.

Compensation Upon Termination Without Cause or Upon Resignation with Good Reason. If the CEO terminates and Board terminate Executive's employment hereunder for any reason other than Cause or Executive's death or Permanent Disability (as defined in Section 5.5), or if Executive voluntarily resigns his employment with EVCI with Good Reason (the effective date of the first to occur of such termination or his resignation being the "Termination Date"), then (a) Executive shall be entitled to receive (i) the Salary and Benefits accrued prior to the Termination Date and Date, (ii) payment or reimbursement of any expenses, provided for under Section 4.3, that were incurred by Executive prior to the Termination Date Date, and (iii) any unpaid awarded bonus to which Executive is entitled under Section 2.2 and (b) after the Termination Date, EVCI will also continue (i) to pay the Salary, in equal semimonthly biweekly payments, to Executive throughout the greater of 12 for six months or the unexpired portion of the Employment Term and (ii) continue for Executive and his spouse and dependent children the health insurance coverage and medical and dental reimbursement referred to in Section 4.2 for 12 months after the Termination Datesix months. Executive shall be under no duty to seek other employment following termination but such Termination Date and any amounts earned by him in connection with such other employment shall not reduce and or offset the amounts otherwise owing hereunder.

Compensation Upon Termination Without Cause or Upon Resignation with Good Reason. If the CEO EVCI’s Board terminates Executive's employment hereunder for any reason other than Cause or Executive's death or Permanent Disability (as defined in Section 5.5), or if Executive voluntarily resigns his employment with EVCI with Good Reason (the effective date of the first to occur of such termination or his resignation being the "Termination Date"), then (a) Executive shall be entitled to receive (i) the Salary and Benefits accrued prior to the Termination Date and (ii) payment or reimbursement of any expenses, provided for under Section 4.3, that were incurred by Executive prior to the Termination Date and (b) after the Termination Date, EVCI will also continue (i) to pay the Salary, in equal semimonthly biweekly payments, to Executive throughout the greater of 12 24 months or the unexpired portion of the Employment Term and (ii) continue for Executive and his spouse and dependent children children, if any, the health insurance coverage and medical and dental reimbursement referred to in Section 4.2 for 12 24 months after the Termination Date. Executive shall be under no duty to seek other employment following termination but any amounts earned by him in connection with such other full-time employment shall reduce and offset the amounts otherwise owing hereunder.

Compensation Upon Termination Without Cause or Upon Resignation with Good Reason. If the CEO Board terminates Executive's employment hereunder for any reason other than Cause or Executive's death or Permanent Disability (as defined in Section 5.5), or if Executive voluntarily resigns his employment with EVCI EVC with Good Reason (the effective date of the first to occur of such termination or his resignation being the "Termination Date"), then (a) Executive shall be entitled to receive (i) the Salary and Benefits accrued prior to the Termination Date and Date, (ii) payment or reimbursement of any expenses, provided for under Section 4.3, that were incurred by Executive prior to the Termination Date Date, and (iii) any bonus to which Executive would be entitled under Section 2.2 as if the Employment Term ended on December 31 of the fiscal year in which his resignation or such termination occurred and (b) after the Termination Date, EVCI EVC will also continue (i) to pay the Salary, in equal semimonthly payments, to Executive throughout through the greater of 12 months or the unexpired portion third anniversary of the Employment Term Termination Date and (ii) continue for Executive and his spouse and dependent children the health insurance coverage and medical and dental reimbursement referred to in Section 4.2 for 12 months after through the third anniversary of the Termination Date. Executive shall be under no duty to seek other employment following termination but such Termination Date and any amounts earned by him in connection with such other employment shall not reduce and or offset the amounts otherwise owing hereunder.