Failure to Relocate Clause Samples

Failure to Relocate. The Executive's employment shall terminate if executive and his family do not relocate to Southern California by September 30, 1998.

Failure to Relocate. If the Executive's employment is terminated by the Company for Failure to Relocate during the Employment Period, the Company shall pay to the Executive in a lump sum in cash within 30 days of the Notice of Termination, the aggregate of the amounts the would have been payable to the Executive under this Section 6 if such Termination had been effected by the Company Without Cause.

Failure to Relocate. The Company shall have the right to terminate Executive's employment for "Failure to Relocate" (as defined below) by providing written notice to the Executive within ninety (90) days of such event. Such termination shall take effect six months from the date of such notice. Upon a termination for Failure to Relocate, except as provided in Section 15, this Agreement shall terminate and the Executive shall not be entitled to receive any compensation or other benefits, except that the Company shall (i) through the date of termination continue to pay to Executive the Base Salary in effect immediately prior to the date of notice, such payments to be made in installments at the times such amounts would have been paid if the Agreement had not been so terminated, (ii) pay to the Executive, when otherwise due in accordance with Section 4, the Budget Bonus and/or Revenue Bonus, if any, earned for the fiscal year in which such termination occurs, without regard to whether Executive is employed on the last day of such fiscal year, multiplied by a fraction, the numerator of which is equal to the number of days elapsed between the beginning of the fiscal year in which such termination occurred and the termination date, and the denominator of which is equal to 365 days, and (iii) pay to the Executive all benefits and other items referred to in Sections 5 and 8 which are due up to the date of termination. During the period in which Executive receives the payments required by the immediately preceding sentence, Executive shall be subject to the provisions set forth in Sections 10 and 11 below (provided, however, in no event shall the restrictions contained in Sections 10 and 11 continue for more than one year beyond the termination of Executive's employment).

Failure to Relocate. If the Executive's employment hereunder is Terminated for Failure to Relocate, (i) the Executive's Base Salary and other benefits specified in Section 3 hereof (other than any bonus) shall be paid or provided through the Date of Termination, (ii) the Company shall pay the Executive, within ten days following the Date of Termination, (x) a cash amount equal to 100% of his then Base Salary and, (y) the Earned Bonus, if any, provided that (1) a Prior Year has been completed and the Executive has already earned the Earned Bonus and (2) the Executive's employment is terminated by the Executive for Failure to Relocate in the year after the Prior Year but before the Earned Bonus has been paid to the Executive.