Common use of Justified Termination Clause in Contracts

Justified Termination. If the Employment Period shall be terminated by the Company for (a) Cause, (b) as a result of the Executive’s resignation, or (c) as a result of the death or permanent disability of the Executive (collectively, a “Justified Termination”), the Executive shall be entitled to receive his Base Salary through the date of termination and reimbursement of all Reimbursable Expenses incurred by the Executive prior to the termination of the Employment Period. A termination for Cause shall become effective on the date designated by the Company. In the case of Justified Termination, Executive shall not be eligible to receive, and the Company shall not be required to pay, any Severance Pay pursuant to Section 5.2 hereof.

Justified Termination. If the Employment Period shall be terminated by the Company for prior to the second anniversary of the Effective Date hereof (a) for Cause, (b) as a result of the Executive’s resignation's unjustified resignation , or (c) as a result of the death or permanent disability Permanent Disability of the Executive (collectively, a “"Justified Termination”"), the Executive shall be entitled to receive his Base Salary through the date of termination and reimbursement of all Reimbursable Expenses incurred by the Executive prior to the termination of the Employment Period. A termination for Cause shall become effective on the date designated by the Company. In the case of Justified Termination, Executive shall not be eligible to receive, and the Company shall not be required to pay, any Severance Pay pursuant to Section 5.2 hereof.

Justified Termination. If the Employment Period shall be terminated by the Company for prior to the first anniversary of the Effective Date hereof (a) for Cause, (b) as a result of the Executive’s 's resignation, or (c) as a result of the death or permanent disability of the Executive (collectively, a “"Justified Termination”"), the Executive shall be entitled to receive his her Base Salary through the date of termination and reimbursement of all Reimbursable Expenses incurred by the Executive prior to the termination of the Employment Period. A termination for Cause shall become effective on the date designated by the Company. In the case of Justified Termination, Executive shall not be eligible to receive, and the Company shall not be required to pay, any Severance Pay pursuant to Section 5.2 hereof.