Common use of Payments Due Upon Any Termination Clause in Contracts

Payments Due Upon Any Termination. Upon any termination of the Executive’s employment during the Employment Period, the Company shall provide to the Executive (or his estate) any unpaid base salary earned under Paragraph 3 for services rendered through the date of termination. All vesting of the Executive’s outstanding options or other equity awards granted shall cease at the time of his termination of employment, and the Executive (or his estate) shall not have more than the limited period of time specified in the applicable stock option agreement in which to exercise any outstanding option following such termination of employment for any Common Shares for which those options are vested and exercisable at the time of such termination. In addition, the Executive shall be eligible for the payments and other benefits provided under Paragraph 4.3 or Paragraph 4.4 below of this Agreement, to the extent he qualifies for those payments and benefits in accordance with the applicable provisions of this Agreement.

Payments Due Upon Any Termination. Upon any termination of the Executive’s employment during the Employment Period, the Company Corporation shall provide to the Executive (or his estate): (i) any unpaid base salary earned under Paragraph 3 for services rendered through the date of terminationtermination and (ii) the dollar value of all accrued and unused vacation benefits based upon Executive’s most recent level of base salary. All vesting of the Executive’s outstanding options or other equity awards granted Options shall cease at the time of his termination of employment, and the Executive (or his estate) shall not have more than the limited period of time specified in the applicable stock option agreement in which to exercise any outstanding option the Options following such termination of employment for any shares of Common Shares Stock for which those options Options are vested and exercisable at the time of such termination. In addition, in the event of termination under Section 9 A, Executive and/or his estate shall be eligible for entitled to receive the payments and other benefits provided under Paragraph 4.3 or Paragraph 4.4 below of this Agreement, to the extent he qualifies for those payments and benefits in accordance with the applicable provisions Part Three of this Agreement.

Payments Due Upon Any Termination. Upon any termination of the Executive’s employment during the Employment Period, the Company shall provide to the Executive (or his estate) any unpaid base salary earned under Paragraph 3 for services rendered through the date of termination. All vesting of the Executive’s outstanding options restricted stock, options, or other equity awards granted shall cease at the time of his termination of employment, and the Executive (or his estate) shall not have more than the limited period of time specified in the applicable stock option compensation agreement in which to exercise any outstanding option following such termination of employment for any Common Shares for which those options are vested and exercisable at the time of such termination. In addition, the Executive shall be eligible for the payments and other benefits provided under Paragraph 4.3 or Paragraph 4.4 below of this Agreement, to the extent he qualifies for those payments and benefits in accordance with the applicable provisions of this Agreement.