Common use of Other than for Cause Clause in Contracts

Other than for Cause. If the Executive's employment shall be -------------------- terminated by the Company other than (i) for Cause or (ii) upon death or disability, the Executive shall be paid the Executive's Annual Base Salary plus the average prorata bonus payable pursuant to Paragraph 3(b) through the Date of Termination. In addition, the Company will pay to the Executive 2.99 times the Executive's Total Compensation for the immediately preceding twelve-month period. The aforesaid amount shall be payable, at the option of the Executive, either (i) in full immediately upon such termination or (ii) semi-monthly over the remainder of the Employment Period. In addition, the Executive shall be entitled, at the option of the Executive, (i) to exercise any options to purchase Shares granted to the Executive, whether or not then vested, in accordance with the terms of the applicable share option agreement or plan, or (ii) to retain any Shares awarded to the Executive whether or not vested on the Date of Termination.