Common use of Early Termination of the Employment Period Clause in Contracts

Early Termination of the Employment Period. Notwithstanding Paragraph 1(b), the Employment Period shall end upon the earliest to occur of (i) the date of Executive's death, (ii) 30 days following delivery by the Company of written notice to Executive of a Termination due to Disability, (iii) immediately upon delivery by the Company of written notice to Executive of a Termination for Cause, (iv) three months following the date of delivery by the Company of written notice to Executive of a Termination Without Cause, provided that, subject to the continued payment to Executive of installments of his Base Salary for the period ending three months following the date the Company delivers such notice of termination to Executive, the Company may elect to direct Executive to refrain from reporting to employment as of any earlier date specified in such notice, (v) the date specified in any written notice delivered by Executive to the Company of a Termination for Good Reason, which date shall be at least 30 days after the delivery of such notice, or (vi) three months following the date of delivery by Executive of written notice to the Company of the Executive's resignation from employment, other than a Termination for Good Reason.

Early Termination of the Employment Period. Notwithstanding Paragraph 1(b), the Employment Period shall end upon the earliest to occur of (i) the date of Executive's death, (ii) 30 days following delivery by the Company of written notice to Executive of a Termination due to Disability, (iii) immediately upon delivery by the Company of written notice to Executive of a Termination for Cause, (iv) three months following the date of delivery by the Company of written notice to Executive of a Termination Without Cause, provided that, subject to the continued payment to Executive of installments of his Base Salary for the period ending three months following the date the Company delivers such notice of termination to Executive, the Company may elect to direct Executive to refrain from reporting to employment as of any earlier date specified in such notice, (v) the date specified in any written notice delivered by Executive to the Company of a Termination for Good Reason, which date shall be at least 30 days after the delivery of such notice, or (vi) three months following the date of delivery by Executive of written notice to the Company of the Executive's resignation from employment, other than a Termination for Good Reason. The provisions of this Paragraph 5 shall not apply to any termination of employment occurring after the Initial Term.

Early Termination of the Employment Period. Notwithstanding Paragraph 1(b), the Employment Period shall end upon the earliest to occur of (i) the date of Executive's death, (ii) 30 days following delivery by the Company of written notice to Executive of a Termination due to Disability, (iii) immediately upon delivery by the Company of written notice to Executive of a Termination for Cause, (iv) three months following the date of delivery by the Company of written notice to Executive of a Termination Without Cause, provided that, subject to the continued payment to Executive of installments of his her Base Salary for the period ending three months following the date the Company delivers such notice of termination to Executive, the Company may elect to direct Executive to refrain from reporting to employment as of any earlier date specified in such notice, (v) the date specified in any written notice delivered by Executive to the Company of a Termination for Good Reason, which date shall be at least 30 days after the delivery of such notice, or (vi) three months following the date of delivery by Executive of written notice to the Company of the Executive's resignation from employment, other than a Termination for Good Reason.