Common use of For Cause; Resignation by Employee Without Good Reason; Non-Renewal Election by Employee Clause in Contracts

For Cause; Resignation by Employee Without Good Reason; Non-Renewal Election by Employee. If the Company shall terminate Employee’s employment for Cause or Employee resigns without Good Reason or Employee’s employment is terminated due to a Non-Renewal election by Employee, the Company shall have no further obligations to Employee other than the obligation for payment of: (i) the Accrued Obligations, which shall be payable within 60 days after Employee’s Date of Termination; (ii) the amount of any Annual Bonus to which Employee was entitled for the calendar year ending prior to the Date of Termination to the extent not previously paid, which amount shall be payable at such time as the Company pays other executive of the Company annual bonuses for the prior calendar year (but in no event later than the time specified in Section 3(b)(ii) of this Agreement); (iii) the Accrued Investments, which amounts shall be paid in accordance with the terms and conditions of the Investment Plans; (iv) the Accrued Welfare Benefits, which amounts shall be paid in accordance with the terms and conditions of the Welfare Plans; and (v) without duplication of any amount payable pursuant to clause (ii) above, solely in the case of a Non-Renewal by Employee, the amount of any Pro Rata Bonus, which shall be paid at such time as the Company pays the other executives of the Company annual bonuses for the calendar year in which Employee’s Date of Termination occurs (but in no event later than the time specified in Section 3(b)(ii) of this Agreement). Except as described in this Section 5(b), in the event of Employee’s termination by the Company for Cause or by Employee without Good Reason or due to a Non-Renewal election by Employee, Employee shall forfeit all rights to any other compensation.

For Cause; Resignation by Employee Without Good Reason; Non-Renewal Election by Employee. If the Company shall terminate Employee’s employment for Cause or Employee resigns without Good Reason or Employee’s employment is terminated due to a Non-Renewal election by Employee, the Company shall have no further obligations to Employee other than the obligation for payment of: (i) the Accrued Obligations, which shall be payable within 60 30 days after Employee’s the later to occur of the Date of TerminationTermination or the effective date of the Release; (ii) the amount of any Annual Bonus to which Employee was entitled for the calendar year ending prior to the Date of Termination to the extent not previously paid, which amount shall be payable at such time as the Company pays other executive of the Company annual bonuses for the prior calendar year (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release); (iii) the Accrued Investments, which amounts shall be paid in accordance with the terms and conditions of the Investment Plans; (iv) the Accrued Welfare Benefits, which amounts shall be paid in accordance with the terms and conditions of the Welfare Plans; and (v) without duplication of any amount payable pursuant to clause (ii) above, solely in the case of a Non-Renewal by EmployeeEmployee or the Company, the amount of any Pro Rata Bonus, which shall be paid at such time as the Company pays the other executives of the Company annual bonuses for the calendar year in which Employee’s Date of Termination occurs (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release). Except as described in this Section 5(b), in the event of Employee’s termination by the Company for Cause or by Employee without Good Reason or due to a Non-Renewal election by Employee, Employee shall forfeit all rights to any other compensation.

For Cause; Resignation by Employee Without Good Reason; Non-Renewal Election by Employee. If the Company shall terminate Employee’s employment for Cause or Employee resigns without Good Reason or Employee’s employment is terminated due to a Non-Renewal election by Employee, the Company shall have no further obligations to Employee other than the obligation for payment of: (i) the Accrued Obligations, which shall be payable within 60 30 days after Employee’s the later to occur of the Date of TerminationTermination or the effective date of the Release; (ii) the amount of any Annual Bonus to which Employee was entitled for the calendar year ending prior to the Date of Termination to the extent not previously paid, which amount shall be payable at such time as the Company pays other executive of the Company annual bonuses for the prior calendar year (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release); (iii) the Accrued Investments, which amounts shall be paid in accordance with the terms and conditions of the Investment Plans; (iv) the Accrued Welfare Benefits, which amounts shall be paid in accordance with the terms and conditions of the Welfare Plans; and (v) without duplication of any amount payable pursuant to clause (ii) above, solely in the case of a Non-Renewal by Employee, the amount of any Pro Rata Bonus, which shall be paid at such time as the Company pays the other executives of the Company annual bonuses for the calendar year in which Employee’s Date of Termination occurs (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release). Except as described in this Section 5(b), in the event of Employee’s termination by the Company for Cause or by Employee without Good Reason or due to a Non-Renewal election by Employee, Employee shall forfeit all rights to any other compensation.

For Cause; Resignation by Employee Without Good Reason; Non-Renewal Election by Employee. If the Company shall terminate Employee’s employment for Cause or Employee resigns without Good Reason or Employee’s employment is terminated due to a Non-Renewal election by Employee, the Company shall have no further obligations to Employee other than the obligation for payment of: (i) the Accrued Obligations, which shall be payable within 60 days after Employee’s Date of Termination; (ii) the amount of any Annual Bonus to which Employee was entitled for the calendar year ending prior to the Date of Termination to the extent not previously paid, which amount shall be payable at such time as the Company pays other executive of the Company annual bonuses for the prior calendar year (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release); (iii) the Accrued Investments, which amounts shall be paid in accordance with the terms and conditions of the Investment Plans; (iv) the Accrued Welfare Benefits, which amounts shall be paid in accordance with the terms and conditions of the Welfare Plans; and (v) without duplication of any amount payable pursuant to clause (ii) above, solely in the case of a Non-Renewal by Employee, the amount of any Pro Rata Bonus, which shall be paid at such time as the Company pays the other executives of the Company annual bonuses for the calendar year in which Employee’s Date of Termination occurs (but in no event later than the time specified fifteenth business day after the Company publicly announces its earnings for such calendar year in Section 3(b)(ii) of this Agreementa press release). Except as described in this Section 5(b), in the event of Employee’s termination by the Company for Cause or by Employee without Good Reason or due to a Non-Renewal election by Employee, Employee shall forfeit all rights to any other compensation.