Common use of Involuntary Clause in Contracts

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 six (6) months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 six (6) months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles Article IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).to

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to 6 services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 six (6) months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).

Involuntary. Upon the termination of the Employment Term: (1) by the Company for any reason other than Cause, Death or Total Disability, or (2) by the Employee for Good Reason, the Employee shall be entitled to receive in a lump sum the balance of his or her base salary for the lesser of the remaining term of the Employment Term (exclusive of any renewals of the then existing term) or a period of 6 six (6) months (the "Severance Term"), together with prorated vacation pay and expense reimbursement through the date of termination. In addition, Employee shall be entitled to payment by the Company of the premiums for group health insurance coverage otherwise payable by Employee under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") for the Severance Term. It shall be a condition to Employee's right to receive the payments described above that Employee shall be in compliance with all of the Employee's obligations which survive termination hereof, including without limitation those arising under Articles IV and V hereof. The payments described above are intended to be in lieu of all other payments to which Employee might 6 otherwise be entitled in respect of termination of Employee's employment without Cause unless otherwise required by law or under other agreements between the parties. Notwithstanding anything to the contrary contained herein, to the extent Employee receives any direct or indirect compensation, consulting fees or health insurance from any Third Parties (as hereinafter defined) during the Severance Term or with respect to services performed during the Severance Term such compensation shall be credited dollar for dollar against the Severance Term payment obligations of Company under this Section 2.4(c).