Common use of Payment Through Termination Clause in Contracts

Payment Through Termination. Upon termination of this Agreement (A) for reasons specified in Section 5(a) or (b) or by Company for cause pursuant to Section 5(c)(i) or by Executive without cause pursuant to Section 5(d)(B), Executive (or Executive’s estate, as applicable) shall be entitled to receive all benefits and reimbursements accrued right up to and due through the effective date of termination and all other rights and obligations under this Agreement shall cease as of the effective date of termination; (B) by Company without cause pursuant to Section 5(c)(ii) or by Executive for cause pursuant to Section 5(d)(A), aside from entitling to receive all benefits and reimbursements accrued right up to and due through the effective date of termination, Executive shall nevertheless be entitled to receive all applicable compensation and benefits (including bonuses and such other executive perquisites) which would have been accrued to him with respect to the unexpired term of this Agreement as if his employment had never been terminated prematurely. In any event, Executive’s obligations under Sections 14, 18 and 19 shall survive termination in accordance with their terms.

Payment Through Termination. Upon termination of this Agreement (A) for reasons specified in Section 5(a) or (b) or by the Company for cause pursuant to Section 5(c)(i) or by Executive without cause pursuant to Section 5(d)(B), Executive (or Executive’s estate, as applicable) shall be entitled to receive all benefits and reimbursements accrued right up to and due through the effective date of termination and all other rights and obligations under this Agreement shall cease as of the effective date of termination; (B) by the Company without cause pursuant to Section 5(c)(ii) or by Executive for cause pursuant to Section 5(d)(A), aside from entitling to receive all benefits and reimbursements accrued right up to and due through the effective date of termination, Executive shall nevertheless be entitled to receive all applicable compensation and benefits (including bonuses and such other executive perquisites) which would have been accrued to him with respect to the unexpired term of this Agreement as if his employment had never been terminated prematurely. In any event, Executive’s obligations under Sections 14, 18 and 19 shall survive termination in accordance with their terms.

Payment Through Termination. Upon termination of this Agreement (A) for reasons specified in Section 5(a16.1(a) or (b) or by Company for cause pursuant to Section 5(c)(i16.1(c)(i) or by Executive without cause pursuant to Section 5(d)(B16.1(d)(B), Executive (or Executive’s estate, as applicable) shall be entitled to receive all benefits and reimbursements accrued right up to and due through the effective date of termination and all other rights and obligations under this Agreement shall cease as of the effective date of termination; (B) by Company without cause pursuant to Section 5(c)(ii16.1(c)(ii) or by Executive for cause pursuant to Section 5(d)(A16.1(d)(A), aside from entitling to receive all benefits and reimbursements accrued right up to and due through the effective date of termination, Executive shall nevertheless be entitled to receive all applicable compensation and benefits (including bonuses and such other executive perquisites) which would have been accrued to him with respect to the unexpired term of this Agreement as if his employment had never been terminated prematurely. In any event, Executive’s obligations under Sections 14, 18 and 19 20 to 22 shall survive termination in accordance with their terms.