Completion of Employment Period Sample Clauses

Completion of Employment Period. If at the end of the ------------------------------- Employment Period the parties have not agreed in writing to extend the term of _________'s employment with the Company, _________ shall receive his salary through the date of such termination. Options vested at such termination date shall be exercisable in accordance with the terms of the Company's 1996 Stock Option Plan (the "Option Plan"). Options not vested at such termination date shall be immediately cancelled. In no event shall ___________ be entitled to receive additional salary, bonus, options or compensation of any other kind hereunder.
Sample 1
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Completion of Employment Period. If at the end of the Original Employment Period the parties have not agreed in writing to extend the term of Lee'x xxployment with the Company, Lee xxall receive his salary and any guaranteed minimum bonus through the date of such termination. In addition, Lee xxall receive a cash severance payment equal to 12-months salary at the salary rate received by Lee xx the 12 months preceding such termination. Options vested at such termination date shall be exercisable in accordance with the terms of the Company's 1996 Stock Option Plan (the "Option Plan"). Options not vested at such termination date shall be immediately cancelled. In no event shall Lee xx entitled to receive additional salary, bonus, options or compensation of any other kind hereunder. (b)
Sample 1
Completion of Employment Period. If at the end of the ------------------------------- Employment Period the parties have not agreed in writing to extend the term of Xxxxxxxxx'x employment with the Company, Xxxxxxxxx shall receive his salary and any guaranteed minimum bonus through the date of such termination. Options vested at such termination date shall be exercisable in accordance with the respective terms or the Company's 1996 Stock Option Plan and 1993 Stock Option Plan (the "Option Plans"). Options not vested at such termination date shall be immediately cancelled. In no event shall Xxxxxxxxx be entitled to receive additional salary, bonus, options or compensation of any other kind hereunder.
Sample 1
Completion of Employment Period. If at the end of the ------------------------------- Employment Period the parties have not agreed in writing to extend the term of Maslaney's employment with the Company, Maslaney shall receive his salary and any guaranteed minimum bonus through the date of such termination. Options vested at such termination date shall be exercisable in accordance with the terms of the Option Plan. Options not vested at such termination date shall be immediately cancelled. In no event shall Maslaney be entitled to receive additional salary, bonus, options or compensation of any other kind hereunder.
Sample 1
Completion of Employment Period. If at the end of the Employment Period the parties have not agreed in writing to extend the term of Demetrios' employment with the Company, Demetrios shall receive his sxxxxx xxx any applicable bonus through txx xxxx xf such termination. Options vested at such termination date shall be exercisable in accordance with the respective terms of Exhibit B. Options not vested at such termination date shall be immediately cancelled. In no event shall Demetrios be entitled to receive additional salary, bonus, options or xxxxxxxxtion of any other kind hereunder.
Sample 1
Completion of Employment Period. If at the end of the Employ ------------------------------- ment Period the parties have not agreed in writing to extend the term of Xxxxxx'x employment with the Company, Xxxxxx shall receive his salary and any guaranteed minimum bonus through the date of such termination. Options vested at such termination date shall be exercisable in accordance with the terms of the Option Plan. Options not vested at such termination date shall be immediately cancelled. In no event shall Xxxxxx be entitled to receive additional salary, bonus, options or compensation of any other kind hereunder.
Sample 1
Completion of Employment Period. (a) If Employee has remained employed by Employer through July 24, 2006, Employer shall: (i) continue to pay Employee (A) the Base Salary and (B) the target Incentive Bonus amount (i.e., 50% of Base Salary), prorated, in regular installments in accordance with Employer’s normal payroll practices, during the two-year period following termination of employment, (ii) provide Employee during such two-year period with health care, dental care, life and disability insurance and pension accrual in amounts and/or with provisions at least as favorable to Employee as those provided to exempt employees of Employer pursuant to the then current policy of Employer concerning such benefits and to the extent permissible under the respective plan, and (iii) reimburse Employee’s outplacement expenses, including office, secretarial and consulting fees, up to an aggregate of $15,000.
Sample 1
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Related to Completion of Employment Period

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Expiration of Employment Period If Executive’s employment shall be terminated due to the normal expiration of the Employment Period, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.

  • Duration of Employment This Agreement and the employment relationship hereunder will continue in effect for five years from January 1, 2016 through December 31, 2020. It may be extended beyond December 31, 2020 by mutual, written agreement at any time. In the event of the Executive’s termination of employment during the term of this Agreement, the Company will be obligated to pay all base salary, bonus and other benefits then accrued, as well as cash reimbursement for all accrued but unused vacation, plus, if applicable, the additional payments provided for in Sections 6.1, 6.2, 6.3, 6.5, 6.7 and 6.8 of this Agreement.

  • Expiration of Employment Term Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company following the expiration of the Employment Term shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may thereafter be terminated at will by either Executive or the Company; provided that the provisions of Sections 6, 7 and 8 of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Term of Employment; Termination (a) The “

  • Termination of Employment The Executive’s employment hereunder shall terminate under the following circumstances:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. A termination of employment due to the Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

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