Common use of Effect of Other Termination Events Clause in Contracts

Effect of Other Termination Events. If Executive is terminated for just cause (as defined in Section 5(d) below) prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than such salary, reimbursable expenses and other amounts as may properly be due Executive through Executive's last day of employment. If Executive voluntarily resigns from employment (other than a "Voluntary Termination" as defined in the Change in Control Agreement), or his employment is terminated due to Executive's disability or death (as defined in the Company's long-term disability plan or insurance policy), Executive shall be entitled to only (i) such salary, reimbursable expenses and other amounts as may be due Executive through Executive's last day of employment; (ii) an annual bonus for the year in which Executive's employment terminates, prorated through the last day of employment (the amount of said bonus to be determined by the Company based on the audited year-end financial results of the Company and paid promptly after such results are determined); and (iii) in the case of disability, such compensation as is provided by the Company's short and long-term disability plans or, in the case of death, such payments as are provided by its life insurance payment policy in effect for executives of Executive's level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, however, Executive or Executive's estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested at the time of Executive's disability or death (including, without limitation, the rights and benefits provided under applicable stock plans, retirement plans).

Effect of Other Termination Events. If Executive is terminated for just cause (as defined in Section 5(d) below) prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than such salary, reimbursable expenses and other amounts as may properly be due Executive through Executive's last day of employment. If Executive voluntarily resigns from employment (other than a "Voluntary Termination" as defined in the Change in Control Agreement), or his employment is terminated due to Executive's disability or death (as defined in the Company's long-term disability plan or insurance policy), Executive shall be entitled to only (i) such salary, reimbursable expenses and other amounts as may be due Executive through Executive's last day of employment; (ii) an annual bonus for the year in which Executive's employment terminates, prorated through the last day of employment (the amount of said bonus to be determined by the Company based on the audited year-end financial results of the Company and paid promptly after such results are determined); and (iii) in the case of disability, such compensation as is provided by the Company's short and long-term disability plans or, in the case of death, such payments as are provided by its life insurance payment policy in effect for executives of Executive's level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, however, Executive or Executive's estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested at the time of Executive's disability or death (including, without limitation, the rights and benefits provided under applicable stock plans, retirement plansplans and Executive's Salary Continuation Agreement with the Company).