Common use of Effect of Termination by Company Clause in Contracts

Effect of Termination by Company. Should the Term be terminated by Company by reason of Employee's Material Breach, Employee shall have no right to any further Fixed Annual Compensation from and after termination, or to any Incentive Compensation, Automobile Benefits, or Additional Benefits accruing for the fiscal year of termination or thereafter.

Effect of Termination by Company. Should the Term be terminated by Company by reason of Employee's Material Breach, Employee shall have no right to any further Fixed Annual Compensation from and after termination, or to any Incentive Compensation, Automobile Benefits, Compensation or Additional Benefits accruing for the fiscal year of termination or thereafter.

Effect of Termination by Company. Should the Term be terminated by the Company by reason of Employee's Material Breach, Employee shall have no right to any further Fixed Annual Compensation or Annual Bonus from and after termination, or to any Incentive Compensation, Automobile Benefits, Special Benefits or Additional Benefits accruing for the fiscal year of termination or thereafter, and all Options, if any, not then vested shall terminate.

Effect of Termination by Company. Should the Term be terminated by Company by reason of EmployeeExecutive's Material Breach, Employee Executive shall have no right to any further Fixed Annual Compensation from and after termination, or to any Incentive Compensation, Automobile Special Benefits, or Additional Benefits accruing for the fiscal year of termination or thereafter, and all Options not then vested shall terminate.