Common use of Involuntary Resignation Clause in Contracts

Involuntary Resignation. If the Executive resigns from all offices and directorships of the Company, the Parent, and all entity affiliates of the Parent for any of the reasons set forth in Sections 6.4.1 through 6.4.7, such resignation shall be deemed to be an "Involuntary Resignation", and the Executive shall be entitled to receive the same severance compensation and other benefits as are provided for in Section 6.3. The vesting schedules for the rights to purchase Option Shares and the Merger Shares set forth in the Option Agreement and the Stock Issuance Agreement, respectively, shall not be affected by any such termination of employment without Cause.

Involuntary Resignation. If the Executive resigns from all offices and directorships of the Company, the Parent, and all entity affiliates of the Parent for any of the reasons set forth in Sections 6.4.1 through 6.4.7, such resignation shall be deemed to be an "Involuntary Resignation", ," and the Executive shall be entitled to receive the same severance compensation and other benefits as are provided for in Section 6.3. The vesting schedules for the rights to purchase Option Shares and the Merger Shares set forth in the Option Agreement and the Stock Issuance Agreement, respectively, shall not be affected by any such termination of employment without Cause, except as set forth in Section 6.4.7, below.