Common use of Gross incompetence Clause in Contracts

Gross incompetence. In the event of termination for cause, the Employee shall be paid the Employee's salary through the Effective Date of Termination. After the Effective Date of Termination, the Employee shall not be entitled to accrue or vest in any further salary, severance pay, benefits, fringe benefits or entitlements except as may be required by statute or regulation of any agency or competent jurisdiction.

Gross incompetence. In the event of termination for cause, the Employee shall be paid the Employee's salary through the Effective Date effective date of Terminationtermination on the date of termination. After the Effective Date effective date of Termination, the Employee shall not be entitled to accrue or vest in any further salary, severance pay, benefits, fringe benefits or entitlements except as may be required by statute or regulation of any agency or of competent jurisdiction; provided that Employee shall have 90 days to exercise any options which are vested as of the effective date of termination.

Gross incompetence. In the event of termination for cause, the Employee shall be paid the Employee's salary through the Effective Date effective date of Termination. After the Effective Date effective date of Termination, the Employee shall not be entitled to accrue or vest in any further salary, severance pay, benefits, fringe benefits or entitlements except as may be required by statute or regulation of any agency or of competent jurisdiction.