Common use of Consequences for Compensation and Benefits Clause in Contracts

Consequences for Compensation and Benefits. (a) If the Termination Date occurs by reason of disability, death, General Resignation or Discharge for Cause, the Company shall pay compensation to the Executive through the Termination Date and shall pay to the Executive all Benefits accrued through the Termination Date, payable in accordance with the respective terms of the plans, practices and arrangements under which the Benefits were accrued. (b) If the Termination Date occurs by reason of General Discharge or Resignation with Reason, (i) all stock options held by the Executive shall become immediately exercisable and shall remain exercisable for two (2) years after the Termination Date, (ii) the Company shall continue the health coverage contemplated by Section 5.1 for a period of one (1) year thereafter, and (iii) the Executive shall be entitled to receive, within 60 days after the Termination Date, the amount set forth in Section 6.2.1. 6.2.1 The Executive’s annual base salary at the Termination Date plus the target bonus for the year in which the Termination Date occurs, multiplied by one (1) (i.e., 1 times base salary plus target bonus).

Consequences for Compensation and Benefits. (a) If the Termination Date occurs by reason of disability, death, General Resignation or Discharge for Cause, the Company shall pay compensation to the Executive through the Termination Date and shall pay to the Executive all Benefits accrued through the Termination Date, payable in accordance with the respective terms of the plans, practices and arrangements under which the Benefits were accrued. (b) If the Termination Date occurs by reason of General Discharge or Resignation with Reason, Reason (i) all stock options held by the Executive shall become immediately exercisable and shall remain exercisable for two one (21) years year after the Termination Date, (ii) the Company shall continue the health coverage contemplated by Section 5.1 4.1 for a period of one (1) year 6 months thereafter, and (iii) the Executive shall be entitled to receive, within 60 days after the Termination Date, the amount set forth in Section 6.2.15.2.1. 6.2.1 5.2.1 The Executive’s annual base salary at the Termination Date plus the target bonus for the year in which the Termination Date occursDate, multiplied by one half (10.5) (i.e., 1 .5 times base salary plus target bonussalary).

Consequences for Compensation and Benefits. (a) If the Termination Date occurs by reason of disability, death, General Resignation or Discharge for Cause, the Company shall pay compensation to the Executive through the Termination Date and shall pay to the Executive all Benefits accrued through the Termination Date, payable in accordance with the respective terms of the plans, practices and arrangements under which the Benefits were accrued. (b) If the Termination Date occurs by reason of General Discharge or Resignation with Reason, (i) all stock options held by the Executive shall become immediately exercisable and shall remain exercisable for two the greater of (2i) years thirty (30) days after the Termination DateDate or (ii) the amount of time available under the Company’, (ii) the Company shall continue the health coverage contemplated by Section 5.1 4.1 for a period of one (1) year 12 months thereafter, and (iii) the Executive shall be entitled to receive, within 60 days after the Termination Date, the amount set forth in Section 6.2.15.2.1. 6.2.1 5.2.1 The Executive’s 's annual base salary at the Termination Date plus the target bonus for the year in which the Termination Date occursDate, multiplied by one and a half (11.5) (i.e., 1 1.5 times base salary plus target bonussalary).

Consequences for Compensation and Benefits. (a) If the Termination Date occurs by reason of disability, death, General Resignation or Discharge for Cause, the Company shall pay compensation to the Executive through the Termination Date and shall pay to the Executive all Benefits accrued through the Termination Date, payable in accordance with the respective terms of the plans, practices and arrangements under which the Benefits were accrued. (b) If the Termination Date occurs by reason of General Discharge or Resignation with Reason, (i) all stock options held by the Executive shall become immediately exercisable and shall remain exercisable for two (2) years 30 days after the Termination Date, (ii) the Company shall continue the health coverage contemplated by Section 5.1 4.1 for a period of one (1) year 6 months thereafter, and (iii) the Executive shall be entitled to receive, within 60 days after the Termination Date, the amount set forth in Section 6.2.15.2. 6.2.1 5.2.1 The Executive’s 's annual base salary at the Termination Date plus the target bonus for the year in which the Termination Date occursDate, multiplied by one half (10.5) (i.e., 1 .5 times base salary plus target bonussalary).