Common use of Involuntary Termination by the Company without Cause Clause in Contracts

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employment; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum amount equal to twelve (12) months of Employee’s base salary in effect as of the effective date of termination of Employee’s employment; (iii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum pro rata portion of Employee’s target incentive bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (A) the end of a period of twelve (12) months following the effective date of such termination, or (B) until such time as comparable medical coverage is obtained by Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in of Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employmenttermination; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, Employee in a lump sum amount equal to twelve (12) months of Employeeone year’s base salary Base Salary in effect as of the effective date of termination of Employee’s employmenttermination; (iii) pay Employee, Employee in a lump sum within thirty (30) days after the effective date of termination of Employee’s employment, termination; a lump sum pro rata portion of Employee’s target incentive bonus Target Incentive Bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination;; and. (iv) maintain Employee’s group medical coverage until the earlier of (Aa) the end of a period of twelve (12) months following the effective date of such termination, or (Bb) until such time as comparable medical coverage is obtained by the Employee; and. (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employment; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum amount equal to twelve nine (129) months of Employee’s base salary in effect as of the effective date of termination of Employee’s employment; (iii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum pro rata portion of Employee’s target incentive bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (A) the end of a period of twelve nine (129) months following the effective date of such termination, or (B) until such time as comparable medical coverage is obtained by Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employment; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum amount equal to twelve six (126) months of Employee’s base salary in effect as of the effective date of termination of Employee’s employment; (iii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, a lump sum pro rata portion of Employee’s target incentive bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (A) the end of a period of twelve six (126) months following the effective date of such termination, or (B) until such time as comparable medical coverage is obtained by Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in of Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employmenttermination; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, Employee in a lump sum amount equal to twelve six (126) months of Employeemonth’s base salary Base Salary in effect as of the effective date of termination of Employee’s employmenttermination; (iii) pay Employee, Employee in a lump sum within thirty (30) days after the effective date of termination of Employee’s employment, termination; a lump sum pro rata portion of Employee’s target incentive bonus Target Incentive Bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (Aa) the end of a period of twelve six (126) months following the effective date of such termination, or (Bb) until such time as comparable medical coverage is obtained by the Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g4(g) hereof (concerning a termination in connection with a Change in of Control (as defined in such Section 1(g4(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b4(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employmenttermination; (ii) continue to pay Employee each month an amount equal to one twelfth (1/12) of Employee, within thirty (30) days after ’s annual Base Salary in effect as of the effective date of termination termination, for a period of Employee’s employment, a lump sum amount equal to twelve (12) months or until the occurrence of any circumstance or event that would constitute Cause under Section 4(a) above; (iii) if such termination is after December 31, 2003, pay Employee an amount in cash equal to the amount obtained by multiplying (x) Employee’s base salary target bonus percentage in effect as of the effective date of termination of (expressed as a decimal) times Employee’s employment; (iii) pay Employee, within thirty (30) days after the effective annual Base Salary in effect as of such date of termination termination, by (y) a fraction of Employee’s employment, a lump sum pro rata portion of Employee’s target incentive bonus for which (I) the calendar year in which Employee’s employment numerator is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination;termination and (II) the denominator is twelve (12), such amount to be payable in equal monthly installments during the period Employee is receiving payments under clause (ii) of this Section 4(b); and (iv) maintain Employee’s group medical coverage during the period Employee is receiving payments under clause (ii) of this Section 4(b). The payments in clauses (ii) and (iii) above shall continue until the earlier of (A) the end of a period of twelve (12) months following from the effective date of such termination, or (B) until such time as comparable medical coverage is obtained by Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in of Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employmenttermination; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, Employee in a lump sum amount equal to twelve six (126) months of Employeemonth’s base salary Base Salary in effect as of the effective date of termination of Employee’s employmenttermination; (iii) pay Employee, Employee in a lump sum within thirty (30) days after the effective date of termination of Employee’s employment, termination; a lump sum pro rata portion of Employee’s target incentive bonus (“Target Incentive Bonus”) for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (Aa) the end of a period of twelve six (126) months following the effective date of such termination, or (Bb) until such time as comparable medical coverage is obtained by the Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.

Involuntary Termination by the Company without Cause. The Company may involuntarily terminate Employee’s employment under this Agreement at any time without Cause upon delivery of written notice to Employee. Subject to the provisions of Section 1(g) hereof (concerning a termination in connection with a Change in of Control (as defined in Section 1(g)), if Employee’s employment is terminated involuntarily by the Company without Cause pursuant to this Section 1(b), the Company shall: (i) pay Employee all compensation and benefits accrued, but unpaid, up to the effective date of termination of Employee’s employmenttermination; (ii) pay Employee, within thirty (30) days after the effective date of termination of Employee’s employment, Employee in a lump sum amount equal to twelve (12) months of Employeeone year’s base salary Base Salary in effect as of the effective date of termination of Employee’s employmenttermination; (iii) pay Employee, Employee in a lump sum within thirty (30) days after the effective date of termination of Employee’s employment, termination; a lump sum pro rata portion of Employee’s target incentive bonus Target Incentive Bonus for the calendar year in which Employee’s employment is terminated as provided in this Section 1(b), such portion to be based on the number of full months for which Employee was employed during the year of termination; (iv) maintain Employee’s group medical coverage until the earlier of (Aa) the end of a period of twelve (12) months following the effective date of such termination, or (Bb) until such time as comparable medical coverage is obtained by the Employee; and (v) allow all vested options or other incentive securities to be exercised pursuant to the terms of the option agreement or other agreements under which such options or other incentive securities were granted.