Common use of Death or Voluntary Termination Clause in Contracts

Death or Voluntary Termination. If the Executive’s employment terminates pursuant to Section 6(a) [Death] or 6(f)[Voluntary Termination], Executive (or the Executive’s designee or the Executive’s estate) shall be paid the Executive’s salary through the Executive’s termination date and not thereafter. Executive shall not be entitled to any bonus payments which were not fully earned prior to the Executive’s termination date, and Executive shall not be entitled to any pro-rated bonus payment for the year in which the Executive’s employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s employment terminates and any restricted stock that was granted to the Executive by the Company that is unvested as of the date on which the Executive’s employment terminates shall automatically be reacquired by the Company and the Executive shall have no further rights with respect to such restricted stock. The Company shall have no further obligations to the Executive as a result of the termination of the Executive’s employment pursuant to Section 6(a) or (f).

Death or Voluntary Termination. If the Executive’s 's employment terminates pursuant to Section 6(a) [Deathparagraphs 7(a)[Death] or 6(f)[Voluntary 7(g)[Voluntary Termination], Executive he (or the Executive’s his designee or the Executive’s his estate) shall be paid the Executive’s his salary through the Executive’s his termination date and not thereafter. Executive He (or his designee or his estate) shall not be entitled to any bonus payments which were not fully earned prior to the Executive’s his termination date, and Executive he (or his designee or his estate) shall not be entitled to any pro-rated bonus payment for the year in which the Executive’s his employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s his employment terminates and any restricted stock that was granted to the Executive by the Company that is unvested as of the date on which the Executive’s his employment terminates shall automatically be reacquired by the Company and the Executive (or his designee or his estate) shall have no further rights with respect to such restricted stock. The Company shall have no further obligations to the Executive as a result of the termination of the Executive’s his employment pursuant to Section 6(aparagraphs 7(a) or (f7(g).

Death or Voluntary Termination. If the Executive’s 's employment terminates pursuant to Section 6(a) [Death] or 6(f)[Voluntary Termination], Executive (or the Executive’s 's designee or the Executive’s 's estate) shall be paid the Executive’s 's salary through the Executive’s 's termination date and not thereafter. Executive shall not be entitled to any bonus payments which were not fully earned prior to the Executive’s 's termination date, and Executive shall not be entitled to any pro-rated bonus payment for the year in which the Executive’s 's employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s 's employment terminates and any restricted stock that was granted to the Executive by the Company that is unvested as of the date on which the Executive’s 's employment terminates shall automatically be reacquired by the Company and the Executive shall have no further rights with respect to such restricted stock. The Company shall have no further obligations to the Executive as a result of the termination of the Executive’s 's employment pursuant to Section 6(a) or (f).

Death or Voluntary Termination. If the Executive’s 's employment terminates pursuant to Section 6(aparagraphs 7(a) [Death] or 6(f)[Voluntary 7(g) [Voluntary Termination], Executive he (or the Executive’s his designee or the Executive’s his estate) shall be paid the Executive’s his salary through the Executive’s his termination date and not thereafter. Executive He (or his designee or his estate) shall not be entitled to any bonus payments which were not fully earned prior to the Executive’s his termination date, and Executive he (or his designee or his estate) shall not be entitled to any pro-rated bonus payment for the year in which the Executive’s his employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s his employment terminates and any restricted stock that was granted to the Executive by the Company that is unvested as of the date on which the Executive’s his employment terminates shall automatically be reacquired by the Company and the Executive (or his designee or his estate) shall have no further rights with respect to such restricted stock. The Company shall have no further obligations to the Executive as a result of the termination of the Executive’s his employment pursuant to Section 6(aparagraphs 7(a) or (f7(g).