Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s breach of this Agreement (i.e. not for cause) then (a) Employer will not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will not be entitled to any rights set forth in Section 15 of this Agreement except that Employee will be entitled to the right to exercise vested options for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 4 contracts
Samples: Employment Agreement (Lucys Cafe Inc), Employment Agreement (Lucys Cafe Inc), Employment Agreement (InterMetro Communications, Inc.)
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s breach of this Agreement (i.e. not for causevoluntary resignation) then (a) Employer will shall not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will shall not be entitled to any rights set forth in Section 15 16 of this Agreement except that Employee will shall be entitled to the right to exercise vested options options, if any, for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 3 contracts
Samples: Employment Agreement (Envision Solar International, Inc.), Employment Agreement (Envision Solar International, Inc.), Employment Agreement (Envision Solar International, Inc.)
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s breach of this Agreement (i.e. not for cause) then (a) Employer will not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will not be entitled to any rights set forth in Section 15 14 of this Agreement except that Employee will be entitled to the right to exercise vested options for a period of 90 ninety (90) days after the date of the written notification of termination by the Employee.
Appears in 2 contracts
Samples: Employment Agreement (Lucys Cafe Inc), Employment Agreement (InterMetro Communications, Inc.)
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s 's breach of this Agreement (i.e. not for causevoluntary resignation) then (a) Employer will shall not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will shall not be entitled to any rights set forth in Section 15 14 of this Agreement except that Employee will shall be entitled to the right to exercise vested options options, if any, for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 1 contract
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s breach of this Agreement (i.e. not for causevoluntary resignation) then (a) Employer will shall not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will shall not be entitled to any rights set forth in Section 15 14 of this Agreement except that Employee will shall be entitled to the right to exercise vested options options, if any, for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 1 contract
Samples: Employment Agreement (Cereplast Inc)
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s breach of this Agreement (i.e. not for causevoluntary resignation) then (a) Employer will shall not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will shall not be entitled to any rights set forth in Section 15 16 of this Agreement except that Employee will shall be entitled to the right to exercise vested options restricted stock or stock options, if any, for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 1 contract
Samples: Employment Agreement (Beam Global)
Other Termination by Employee. If this Agreement is terminated by Employee in writing for a reason other than the Company’s 's breach of this Agreement (i.e. not for causevoluntary resignation) then (a) Employer will shall not be entitled to assert any claim against the Employee for consequential or indirect damages or for lost profits as a result of the termination; and (b) Employee will shall not be entitled to any rights set forth in Section 15 16 of this Agreement except that Employee will shall be entitled to the right to exercise vested options options, if any, for a period of 90 days after the date of the written notification of termination by the Employee.
Appears in 1 contract
Samples: Employment Agreement (Envision Solar International, Inc.)