Common use of Obligations of the Company Upon Termination of Employment Clause in Contracts

Obligations of the Company Upon Termination of Employment. (a) Termination by the Company Other Than for Cause, Death or Disability -------------------------------------------------------------------- or by the Executive for Good Reason. If during the Employment Term (i) the ----------------------------------- Company terminates the Executive's employment other than for Cause, death or Disability, or (ii) the Executive terminates his employment for Good Reason, then in any such case the Company shall pay to the Executive in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to two times the Executive's then current Base Salary plus most recent bonus. The provisions of this Subparagraph 8(a) shall not affect any rights of the Executive under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Company. (b) Termination as a Result of the Executive's Disability or Death. If -------------------------------------------------------------- during the Employment Term the Executive's employment is terminated by reason of the Executive's Disability or death, then the Company shall pay to the Executive or the Executive's legal representatives in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to one times the Executive's then current Base Salary. The provisions of this Subparagraph 8(b) shall not affect any rights of the Executive's heirs, administrators, executors, legatees, beneficiaries or assigns under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Company. (c) Termination by the Company for Cause or by the Executive other than ------------------------------------------------------------------- for Good Reason. If during the Employment Term either (i) the Executive's --------------- employment is terminated by the Company for Cause or (ii) the Executive voluntarily terminates his employment, excluding termination by him for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the Date of Termination and (B) any other compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.

Obligations of the Company Upon Termination of Employment. (a) Termination by the Company Other Than for Cause, Death or Disability -------------------------------------------------------------------- or by the Executive for Good ReasonReason or for any Reason Following a Change of Control. If during the Employment Term (i) the ----------------------------------- Company terminates the Executive's employment other than for Cause, death or Disability, or (ii) the Executive terminates his employment for Good Reason, or (iii) following a Change of Control, the Executive terminates his employment for any reason, then in any such case the Company shall pay to the Executive in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to (A) two times the Executive's then current Base Salary plus (B) two times the annual bonus most recent bonusrecently paid to the Executive. The Company shall have no further obligation to the Executive other than the obligation to pay to him any compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid. The provisions of this Subparagraph 8(a) shall not affect any rights of the Executive under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (b) Termination as a Result of the Executive's Disability or Death. If -------------------------------------------------------------- during the Employment Term the Executive's employment is terminated by reason of the Executive's Disability or death, then the Company shall pay to the Executive or the Executive's legal representatives in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to one times (A) the Executive's then current Base SalarySalary plus (B) the annual bonus most recently paid to the Executive. The Company shall have no further obligation to the Executive other than the obligation to pay to him any compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid. The provisions of this Subparagraph 8(b) shall not affect any rights of the Executive's heirs, administrators, executors, legatees, beneficiaries or assigns under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (c) Termination by the Company for Cause or by the Executive other than ------------------------------------------------------------------- for Good Reason. If during the Employment Term either (i) the Executive's --------------- employment is terminated by the Company for Cause or (ii) the Executive voluntarily terminates his employmentemployment prior to a Change of Control, excluding termination by him for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the Date of Termination and (B) any other compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.

Obligations of the Company Upon Termination of Employment. (a) Termination by the Company Other Than for Cause, Death or --------------------------------------------------------- Disability -------------------------------------------------------------------- or by the Executive for Good ReasonReason or for any Reason Following a ---------------------------------------------------------------------------- Change of Control. If during the Employment Term (i) the ----------------------------------- Company terminates the ----------------- Executive's employment other than for Cause, death or Disability, Disability or (ii) the Executive terminates his employment for Good Reason, then in any such case the Company shall pay to the Executive in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to two (A) 1.5 times the Executive's then current Base Salary plus the annual bonus most recent bonusrecently paid to the Executive and (B) a pro rata bonus for the calendar year of termination. The provisions of this Subparagraph 8(a) shall not affect any rights of the Executive under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (b) Termination as a Result result of the Executive's Disability or Deathdeath. -------------------------------------------------------------- If -------------------------------------------------------------- during the Employment Term the Executive's employment is terminated by reason of the Executive's Disability or death, then the Company shall pay to the Executive or the Executive's legal representatives in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to one (A) 1.5 times the Executive's then current Base SalarySalary plus the annual bonus most recently paid to the Executive and (B) a pro rata bonus for the calendar year of termination, at the Target Bonus level. The provisions of this Subparagraph 8(b) shall not affect any rights of the Executive's heirs, administrators, executors, legatees, beneficiaries or assigns under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (c) Termination by the Company for Cause or by the Executive other than ------------------------------------------------------------------- for Good Reason. If during the Employment Term either (i) the Executive's --------------- employment is terminated by the Company for Cause or (ii) the Executive voluntarily terminates his employment, excluding termination by him for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the Date of Termination and (B) any other compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.

Obligations of the Company Upon Termination of Employment. (a) Termination by the Company Other Than for Cause, Death or Disability -------------------------------------------------------------------- or by the Executive for Good ReasonReason or for any Reason Following a Change of Control. If during the Employment Term (i) the ----------------------------------- Company terminates the Executive's employment other than for Cause, death or Disability, or (ii) the Executive terminates his employment for Good Reason, or (iii) following a Change of Control, the Executive terminates his employment for any reason, then in any such case the Company shall pay to the Executive in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to (A) two times the Executive's then current Base Salary plus (B) two times the annual bonus most recent bonusrecently paid to the Executive. The provisions of this Subparagraph 8(a) shall not affect any rights of the Executive under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (b) Termination as a Result of the Executive's Disability or Death. If -------------------------------------------------------------- during the Employment Term the Executive's employment is terminated by reason of the Executive's Disability or death, then the Company shall pay to the Executive or the Executive's legal representatives in a lump sum in cash within 30 days after the Date of Termination (or, in the event any amounts due cannot be determined within this period, as soon thereafter as is practicable) an amount equal to one times (A) the Executive's then current Base SalarySalary plus (B) the annual bonus most recently paid to the Executive. The provisions of this Subparagraph 8(b) shall not affect any rights of the Executive's heirs, administrators, executors, legatees, beneficiaries or assigns under the Company's benefit plans or programs or under any bonus arrangement agreed to by the Executive and the Companyprograms. (c) Termination by the Company for Cause or by the Executive other than ------------------------------------------------------------------- for Good Reason. If during the Employment Term either (i) the Executive's --------------- employment is terminated by the Company for Cause or (ii) the Executive voluntarily terminates his employmentemployment prior to a Change of Control, excluding termination by him for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the Date of Termination and (B) any other compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.