Resignation for Cause. During the term of this Agreement, the Employee shall be entitled to resign from his employment with Employer, and receive the payments provided for below, in the event that the Employee is not in breach of this Agreement and Employer (i) reassigns the Employee to a position of lesser rank or status than President, or (ii) reduces the Employee's compensation or other benefits below the amounts provided for under Sections 3 and 4 hereof. Upon the occurrence of any of these events, the Employee shall have thirty days to provide Employer notice of his intention to terminate this Agreement. In the event the Employee elects to so terminate this Agreement, such termination shall be treated as a termination without "cause" by Employer under Section 6(c) hereof, and the Employee shall be entitled to receive all payments and other benefits called for under such Section 6(c).
Resignation for Cause. If the Employee resigns or is terminated For Cause during any Earnout Period, such Employee shall not be entitled to and shall forfeit any and all right to any Earnout Share for that particular Earnout Period and any and all future Earnout Periods.
Resignation for Cause. During the term of this Agreement, the Employee shall be entitled to resign from his employment with Employer, and in recognition of the termination of Employee’s employment in such circumstances and Employee’s agreement to be bound by the covenants contained in Section 9 hereof, Employee shall receive the payments provided for below, in the event that the Employee is not in breach of this Agreement and Employer (i) other than pursuant to Section 2(b) hereof, reassigns the Employee to a position of lesser rank or status than Chief Executive Officer, (ii) relocates the Employee's principal place of employment by more than thirty miles from its location on the date hereof, or (iii) reduces the Employee's compensation or other benefits. Upon the occurrence of any of these events, the Employee shall have thirty days to provide Employer notice of his intention to terminate this Agreement. In the event the Employee elects to so terminate this Agreement, such termination shall be treated as a termination without "cause" by Employer under Section 6(c) hereof, and the Employee shall be entitled to receive all payments and other benefits called for under such Section 6(c).
Resignation for Cause. If the Executive's employment is terminated as a result of his resignation or termination for Cause, he will not be entitled to any severance payments.
Resignation for Cause. Employee may resign and thereby --------------------- terminate the Period of Employment, without liability, by giving 15 days notice to Inktomi in the case that (i) without Employee's written consent, Inktomi significantly reduces Employee's duties and responsibilities; (ii) Inktomi reduces Employee's Compensation; or (iii) Inktomi relocates Employee to a facility or location more than 35 miles from Inktomi's principal offices, without Employee's written consent.
Resignation for Cause. The employment of Executive under this Agreement may be terminated by Executive for cause at any time. As used in this Paragraph, the term "
Resignation for Cause. If Nxxx shall voluntarily resign his employment or Nxxx'x employment is terminated by the Company for cause, the Company shall pay Nxxx his Annual Salary through the Date of Termination at the rate then in effect. In such event, the Company shall have no further obligations to Nxxx under this Agreement for any claim of compensation or damages arising from the termination of Nxxx'x employment.
Resignation for Cause. For purposes of this Agreement, Resignation For Cause shall include:
Resignation for Cause. If the Executive shall resign his ---------------------- employment or Executive's employment is terminated by the Company for cause, the Company shall pay the Executive his Annual Salary through the Date of Termination at the rate then in effect, and the Prorated Incentive Bonus. In such event, the Company shall have no further obligations to the Executive under this Agreement for any claim of compensation or damages arising from the termination of the Executive's employment.
