FOR REASON OF DEATH. In the Event of Executive's Termination of Service for Reason of Death, Executive's beneficiaries as designated in accordance with the provisions of Paragraph 9 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive's Termination of Service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Executive pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive's Termination of Service;
(ii) Immediate vesting of any stock options or other rights previously provided to Executive under any Company Long-Term Incentive Plan;
(iii) Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement;
(iv) Payment of a lump sum amount equal to the remaining Term of Executive's Base Salary. (Payment to be made to Executive's Estate.)
FOR REASON OF DEATH. In the event of Executive's Termination of Service for Reason of Death, Executive's beneficiaries as designated in accordance with the provisions of Paragraph 9 hereof shall be entitled to receive the following upon such Termination of Service;
(i) Payment immediately upon Executive's Termination of service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Executive pursuant to any plan (if necessary, Gametech may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive's Termination of Service;
(ii) Immediate vesting of any stock options or other rights previously provided to Executive under any Gametech Long-Term Incentive Plan;
(iii) Payment of any other benefits accrued and owed to Executive as of the date of the expiration of the Term (consistent with Gametech's benefit plans) provided by Gametech in accordance with the terms and conditions of such benefits and this Agreement; GN
(iv) Payment of a lump sum amount equal to the remaining Term of Executive's Base Salary. (Payment to be made to Executive's Estate.)
FOR REASON OF DEATH. In the Event of Executive’s Termination for Service for Reason of Death, Executive’s beneficiaries as designated in accordance with the provisions of Section 12, herein shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive’s Termination of Service of any previously unpaid Base Salary;
(ii) Performance of Company obligations with respect to Executive’s exercise of any stock options or other rights previously granted to Executive under the Company’s Long-Term Incentive Plan provided such options or other rights have vested in accordance with any agreement between the Company and Executive covering such options or other rights; and
(iii) Payment of any life insurance benefits provided to Executive by the Company in accordance with the terms and conditions of such benefits and this Agreement.
FOR REASON OF DEATH. In the Event of Executive's Termination of Service for Reason of Death, Executive's beneficiaries as designated in accordance with the provisions of Paragraph 9 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive's Termination of Service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Executive pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive's Termination of Service;
(ii) Immediate vesting of any stock options or other rights previously provided to Executive under any Company Long-Term Incentive Plan with one (1) year from the date of termination in which to exercise stock options; provided, however, that any incentive stock options not exercised prior to the date that is ninety (90) days following the date of termination shall thereafter convert into non-qualified stock options;
(iii) Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement.
(iv) Payment of a lump sum amount equal to the remaining Term of Executive's Base Salary. (Payment to be made to Executive's Estate.)
FOR REASON OF DEATH. In the Event of Employee’s Termination of Service for Reason of Death. Employee’s beneficiaries as designated in accordance with the provisions of Paragraph 11 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Employee’s Termination of Service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Employee and granted by the Company pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Employee’s Termination of Service.
(ii) Performance of Company obligations with respect to Employee’s exercise of any stock options or other rights previously granted to Employee under any Company Long-Term Incentive Plan provided such options or other rights have vested as of the date of the termination of Employee’s service in accordance with any agreement between the Company and Employee covering such options or other rights;
(iii) Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement;
(iv) Payment of an amount equal to six (6) months of Employee’s Annual Base Salary.
FOR REASON OF DEATH. In the Event of Executive’s Termination of Service for Reason of Death, Executive’s beneficiaries as designated in accordance with the provisions of Paragraph 14 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive’s Termination of Service of all previously unpaid Base Salary and all Bonus granted and previously unpaid or the pro-rata portion of all Bonus earned by Executive pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive’s Termination of Service; and
(ii) Immediate vesting of all stock options or other rights previously provided to Executive under any Company Long-Term Incentive Plan; and
(iii) Continued reimbursement of Executive’s family health insurance and disability insurance to the date of Executive’s Termination of Service.
FOR REASON OF DEATH. In the Event of Executive's Termination of Service for Reason of Death, Executive's beneficiaries as designated in accordance with the provisions of Paragraph 9 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive's Termination of Service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Executive pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive's Termination of Service;
(ii) Immediate vesting of any stock options or other rights previously provided to Executive under any Company Long-Term Incentive Plan;
(iii) Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement.
(iv) Payment of a lump sum amount equal to the remaining Term of Executive's Base Salary. (Payment to be made to Executive's Estate.) e. FOR REASON OF VOLUNTARY RESIGNATION NOT CONSTITUTING CONSTRUCTIVE TERMINATION In the event of Executive's Termination of Service for reason of voluntary resignation by Executive not constituting Constructive Termination, Executive shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Executive's Termination of Service of any previously unpaid Base Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Executive pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Executive's Termination of Service;
(ii) Performance of Company obligations with respect to Executive's exercise of any stock options or other rights previously granted to Executive under any Company Long-Term Incentive Plan provided such options or other rights have vested as of the date of the termination of Executive's service in accordance with any agreement between the Company and Executive covering such options or other rights;
(iii) Payment of any Disability or other benefits provided to Executive by the Company in accordance with the terms and conditions of such benefits and this Agreement.
FOR REASON OF DEATH. In the event of Executive's Termination of Service for Reason of Death, Executive's beneficiaries as designated in accordance with the provisions of Paragraph 9 hereof shall be entitled to receive the following upon such Termination of Service;
FOR REASON OF DEATH. In the Event of Employee's Termination of Service for Reason of Death. Employee's beneficiaries as designated in accordance with the provisions of Paragraph 10 hereof shall be entitled to receive the following upon such Termination of Service:
(i) Payment immediately upon Employee's Termination of Service of any previously unpaid Salary and any Bonus granted and previously unpaid or the pro-rata portion of any Bonus earned by Employee and granted by the Company pursuant to any plan (if necessary, the Company may pay such Bonus when all bonuses for that Fiscal Year are calculated and paid) through the date of Employee's Termination of Service.
(ii) Performance of Company obligations with respect to Employee's exercise of any stock options or other rights previously granted to Employee under any Company Long-Term Incentive Plan provided such options or other rights have vested as of the date of the termination of Employee's service in accordance with any agreement between the Company and Employee covering such options or other rights;
(iii) Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement;
(iv) Payment of a lump sum amount equal to Employee's Salary for the remainder of the Term (payment to be made to Employee's Estate.)
FOR REASON OF DEATH. In the Event of Executive's Termination of Service for reason of Death, Executive's beneficiaries as designated in accordance with the provisions of PARAGRAPH 9 hereof or Executive's estate, as applicable, shall be entitled to receive the following upon such Termination of Service:
i. Payment immediately upon Executive's Termination of Service of (A) any previously unpaid Base Salary and any Annual Bonus earned and previously unpaid, (B) 90% of the Projected Annual Bonus for the Fiscal Year in which the Termination of Service occurs, and (C) 80% of the Projected Annual Bonus for the Fiscal Year immediately following the Fiscal Year in which Executive's Termination of Service occurs; notwithstanding the foregoing, in the event that executive's death occurs within 60 days prior to maturity of this agreement, then employee will only be entitled to the actual annual bonus for the year in which the termination of service occurs;
ii. Payment of any other benefits provided by the Company in accordance with the terms and conditions of such benefits and this Agreement; and
iii. Monthly payment of Executive's Base Salary for a period of two (2) years following the date of Termination of Service. Notwithstanding the foregoing, in the event of Executive's Termination of Service for reason of Death which is effective prior to the end of the Fiscal Year ending March 31, 2001, the first part of subparagraph (i) above shall be replaced with the following provision:
i. Payment immediately upon Executive's Termination of Service of (A) any previously unpaid Base Salary and any Annual Bonus earned and previously unpaid, (B) 100% of the Projected Annual Bonus for the Fiscal Year in which the Termination of Service occurs, (C) 90% of the Projected Annual Bonus for the Fiscal Year immediately following the Fiscal Year in which Executive's Termination of Service occurs, and (D) 80% of the Projected Annual Bonus for the Fiscal Year immediately following the Fiscal Year mentioned in (C) above.
