Common use of Involuntary Termination by Company Clause in Contracts

Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination. (b) Upon the Date of Termination, Company shall pay to Executive his Base Salary through the effective date of termination, plus all other benefits to which Executive has a vested right at the time. (c) In the event of termination pursuant to this section 5.6, Executive shall be entitled to the "Severance Payment" (as defined in section 6.5) and "Additional Benefits" provided for in section 6.6.

Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination. (b) Upon the Notice of Date of Termination, Company shall pay to Executive his Base Salary through the next anniversary of the effective date of terminationunder this agreement, plus immediately vest one hundred percent (100%) all other benefits to which Executive has a vested right at the time. (c) In the event of termination pursuant to this section 5.6, Executive shall be entitled to the "Severance Payment" (as defined in section 6.5) and "Additional Benefits" provided for in section 6.6.

Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination. (b) Upon the Date of Termination, Company shall pay to Executive his her Base Salary through the effective date of termination, plus all other benefits to which Executive has a vested right at the time. (c) In the event of termination pursuant to this section 5.6, Executive shall be entitled to the "Severance Payment" (as defined in section 6.5) and "Additional Benefits" provided for in section 6.6.

Involuntary Termination by Company. (a) Company may terminate Executive's Employment at any time for any reason other than death, Disability, Retirement, or for Cause (as defined in section 5.7), by giving Executive a Notice of Termination. (b) Upon the Notice of Date of Termination, Company shall pay to Executive his her Base Salary through the next anniversary of the effective date of terminationunder this agreement, plus immediately vest one hundred percent (100%) all other benefits to which Executive has a vested right at the time. (c) In the event of termination pursuant to this section 5.6, Executive shall be entitled to the "Severance Payment" (as defined in section 6.5) and "Additional Benefits" provided for in section 6.6.