Payments at Termination. When permanent employees leave the service of the City, they shall be entitled to lump sum payoff of vacation days, unused compensatory time and unused deferred holidays, as defined in Section 4.01 of this Agreement. No claim shall be made against the City for the use or payoff of unused sick leave, nor shall the effective date of termination be extended by use of compensatory time, sick leave, vacation or personal leave days.
Payments at Termination. (a) Upon (i) termination of this Agreement by the Company under Section 3(c) titled "Without Cause" or (ii) termination of this Agreement by Executive under Section 3(f) titled "For Good Reason by the Executive," Executive shall receive monthly payments equal to his Base Salary prior to termination ("Applicable Base Salary") through the termination date of this Agreement or for a period of eighteen (18) months, whichever is longer, beginning in the month next following such termination. In either case Executive shall receive all accrued compensation and unreimbursed expenses to the date of termination as provided herein. The monthly payments provided for in this Section 4(a) shall be paid in accordance with the Company's normal payroll schedule, less applicable tax withholdings for state and federal taxes and other deductions required by law and shall not be reduced by compensation the Executive may receive from other sources. In either such case of termination, all unexercised options granted pursuant to the Company's stock option plan (the "Plan") shall vest and become exercisable on the day of termination. For any such non-statutory stock option or incentive stock option, the period for exercise of the option shall continue for the shorter of the maximum length of time the option is exercisable under the Plan as though the service of Executive had not terminated, and three (3) years after the date of termination of service, provided, however, that if the existence of this sentence would cause any incentive stock option not to qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended, ("Section 422") at any time prior to ninety (90) days after termination of employment as provided in Section 422, this sentence shall be null and void as to such incentive stock option.
(b) If the Company terminates this Agreement due to disability, under Section 3(d) titled "Disability or Death," Executive or his estate shall receive the disability payments provided for by the Company's disability insurance policy.
(c) If Executive terminates this Agreement without cause under Section 3(b), titled "Voluntary", or if this Agreement is terminated under Section 3(a), titled "Mutual Agreement," or if this Agreement is terminated by the Company under Section 3(e) titled "For Cause by the Company," Executive shall not be entitled to any further payments except unreimbursed expenses to the date of termination as provided herein ...
Payments at Termination. If an Order is terminated early by Customer pursuant to Section 2 or 11.2, or by Datadog pursuant to Section 12.2: (a) Customer shall not be obligated to pay any amounts specified in the Order for Services not yet provided and (b) Datadog will refund to Customer a pro rata share of any unused amounts prepaid by Customer under the applicable Order for the Services (a “Pro- Rated Refund”). In all other cases, and regardless of whether Customer uses the Services at the levels reflected in the Orders or otherwise, Customer will not be entitled to a refund of Fees paid and any committed Fees for the full term of the Order(s) and any Fees accrued beyond any committed Fees based on Customer’s use of the Services prior to termination will become immediately due and payable.
Payments at Termination. A. Upon (i) termination of this Agreement by the Company under Subsection 3.C. titled "Without Cause," (ii) termination of this Agreement by Employee under Subsection 3.F. titled "For Cause by the Employee," or (iii) termination of this Agreement by the Company or by the Employee under Subsection 13 of this Agreement, Employee shall receive monthly payments equal to his last Base Salary prior to termination ("Applicable Base Salary") through August 1, 2002, beginning in the month next following such Employee termination. In addition, Employee shall receive all accrued compensation, benefits, and unreimbursed expenses to the date of termination as provided herein. The monthly payments provided for in this Subsection shall be paid on a monthly basis on the first of each month and shall not be reduced by compensation the Employee may receive from other sources. In addition, in the event of such termination, all unexercised stock options granted hereunder or otherwise granted to Employee during the term of this Agreement, as well as any non-qualified stock options assumed by the Company in connection with the merger (the "Merger") of Mariner Systems, Inc. with a subsidiary of the Company (the "Assumed Options"), shall vest and become exercisable on the date of termination. For any Assumed Options, the period for exercise of such options shall continue for the greater of the maximum length of time the options are exercisable under the terms of the original option grant(s), as though the employment of Employee had not terminated, and two (2) years after the date of termination of Employee's employment.
B. If the Company terminates this Agreement due to disability, pursuant to Subsection 3.D., Employee shall receive the disability payments provided for by the Company's disability insurance policy. The Company shall maintain a disability insurance policy providing for payments at the rate of sixty percent (60%) of his Applicable Base Salary or the maximum legal amount, whichever is less, until the earlier of the end of disability, Employee's death or the date Employee attains 65 years of age. If the Company terminates this Agreement due to disability, pursuant to Subsection 3.D., the Company shall also pay all accrued compensation and unreimbursed expenses to the date of termination as provided herein. The monthly payments provided for in this Subsection shall be paid at such times payments are made under the disability policy provided for in this Subsection. Exce...
Payments at Termination. HUNTER agrees to pay any severance to which EMPLOYEE is entitled, along with any accrued payments for incentive bonuses, commissions, and unused leave entitlements according to HUNTER's policies then in effect, or expressly agreed with EMPLOYEE, at the later of the date of termination and the date when all HUNTER property as listed in paragraph 13 is returned, and all outstanding travel or other expense reports have been returned, and debts paid by EMPLOYEE.
Payments at Termination. When a full-time employee leaves the service of the City, that employee is entitled to lump-sum payoff of vacation leave only. No claim may be made against the City for the use or payoff of unused sick leave, nor can the effective date of termination be extended by use of sick leave or vacation.
Payments at Termination. When a permanent employee leaves the service of the City, that employee is entitled to lump sum payoff of vacation leave and any unused cashable floating holiday or cashable MOU (i.e., management leave) days. No claim may be made against the City for the use or payment of unused sick leave nor can the effective date of termination be extended by the use of sick leave, vacation or other leave days.
Payments at Termination. When permanent employees covered herein leave the service of the City of Santa Xxxxxx, they shall be entitled to lump sum payoff of vacation days, unused compensatory time and unused deferred holidays, as defined in Section 4.01 of this agreement. No claim shall be made against the City for the use or payoff of unused sick leave, nor shall the effective date of termination be extended by use of compensatory time, sick leave, vacation or personal leave days.
Payments at Termination. No payments of money by the Tenant to the Landlord after the termination of this Lease, in any manner, or after the giving of any notice (other than a demand for the payment of money) by the Landlord to the Tenant shall reinstate, continue or extend the term of this Lease or affect any notice given to the Tenant prior to the payment of such money, it being agreed that after the service of notice or the commencement of a suit or after final judgment granting the Landlord possession of said Xxxxxxxx, the Landlord may receive and collect any sums of rent due or any other sums of money due under the terms of this Lease, and the payment of such sums of money, whether as rent or otherwise, shall not waive said notice or in any manner affect any pending suit or any judgment theretofore obtained.
Payments at Termination. (a) Subject to Section 2.4, if the Company terminates Employee's employment Without Cause (as defined below) or if Employee terminates his employment for Good Reason (as defined below), the Company shall pay Employee (i) his base salary through the date of such termination, pay for any accrued but unused vacation time, and any business expenses incurred by Employee but not reimbursed as of the date of termination (in the aggregate, the "Final Compensation") and (ii) the Severance Benefits as stated in Exhibit A. Other than the Final Compensation and the Severance Benefits, the Company shall not be obligated to pay Employee any other compensation (including, without limitation, any bonus payments or other severance), in the event of a termination of Employee's employment by the Company Without Cause or by Employee for Good Reason.
(b) Employee is not entitled to Severance Benefits upon a termination of Employee's employment as a result of Death, Resignation or Disability, or for Cause (as each such term is defined below). In the case of termination of Employee's employment for Cause or as a result of Death, Disability, or Resignation, no prior notice being required for any of the foregoing, the Company shall pay Employee only the Final Compensation. Other than the Final Compensation, the Company shall not be obligated to pay Employee any other compensation (including, without limitation, any bonus payments or other severance), in the event of a termination of Employee's employment for Cause, or as a result of Death, Disability, or Resignation. In all instances, the Final Compensation will be payable at the time required by applicable law, and in no event later than sixty (60) days following the date of termination of employment.
(c) For purposes of this Agreement, the term "Cause" shall be defined as the occurrence of any of the following: (i) Employee's conviction by a court of competent jurisdiction of a felony or crime involving moral turpitude, or entering a guilty plea, the plea of nolo contendere, or similar plea to such crime by Employee regardless of whether such crime is subject to deferred adjudication; (ii) Employee's commission of a material act of fraud or omission; (iii) Employee's material violation of the Company's policies and procedures and/or Code of Conduct; (iv) Employee's material misappropriation of funds or property of the Company; (v) Employee's knowing employment, without prior written approval of the Company, in any material activ...
