Resignation for Good Reason or Termination Without Cause. If you terminate your employment for Good Reason (as defined below) or you are terminated by the Company without Cause (as defined below) at any time during the Term, including by the Company giving you notice that it does not want the Term to be extended as provided in Section 1, you will receive a lump-sum cash payment equal to the sum of:
Resignation for Good Reason or Termination Without Cause. If Executive (i) resigns his employment for Good Reason or (ii) is terminated by Company without Cause, and (iii) executes the Company’s standard release of claims agreement, then, immediately following the date of Executive’s termination of employment and the exhaustion of any revocation period contained in said release, Company will continue payment of Executive’s Salary (at the same rate existing prior to the termination) for a period of six (6) months (“the Severance Period”) pursuant to Focus’ normal payroll practices. In addition, (i) Focus shall either pay directly or reimburse Executive for premiums incurred in connection with continuation of coverage under the Company’s health, dental, disability and life insurance plans to which Executive is entitled in accordance with applicable law for the Severance Period and (ii) Focus shall pay Executive all bonus compensation otherwise due for the applicable fiscal year of termination, prorated to the date of termination of employment; provided, however, such bonus compensation shall be payable only in accordance with and at the times of the regularly scheduled bonus compensation payment that Executive would have otherwise been subject to prior to termination and (iii) any and all unvested stock options and/or restricted stock in Executive’s name shall immediately become fully vested and exercisable, provided that, regardless of the terms of any option or stock purchase agreement between the Company and Executive, absent a separate signed written agreement between Company and Executive which specifically references this provision of this Agreement, no exercise shall occur more than six months after such termination and in no event after the expiration of such option. In the event of Executive’s subsequent death after his termination by Focus without Cause or by Executive or for Good Reason, Focus shall continue to pay the same payments and benefits as to which Executive was entitled at the date of his death to Executive’s surviving spouse, or if Executive is unmarried at the time, then to Executive’s estate.
Resignation for Good Reason or Termination Without Cause. If Executive terminates his employment for Good Reason (as defined below) or he is terminated by the Company without Cause (as defined below) at any time during the Term, including by the Company giving him notice that it does not want the Term to be extended as provided in Section 1, Executive will receive a lump-sum cash payment equal to the sum of:
Resignation for Good Reason or Termination Without Cause. If you terminate your employment for Good Reason or you are terminated by the Company without Cause, you will receive, immediately upon the effectiveness of any such termination, a lump sum cash payment equal to the sum of (i) any of the bonus payments set forth in Section 4 hereof which have not been previously paid by the Company, (ii) fifty percent (50%) of the then current annual Base Salary, and (iii) any earned but unpaid Base Salary or other amounts (including reimbursable expenses and any vested amounts or benefits under the Company's otherwise applicable employee benefit plans or programs) accrued or owing through the date of termination, provided that you execute a release substantially in the form attached hereto as Exhibit A concurrently with such payment.
Resignation for Good Reason or Termination Without Cause. The provisions of this Section 8(b) shall apply in the event Executive is either terminated by Company without Cause or Executive resigns for Good Reason and provided Executive executes, delivers and does not revoke the Company’s standard release of claims agreement within sixty (60) days of such termination of employment. If the sixty (60)-day period referenced in the preceding sentence spans two taxable years, payment shall only commence in the second taxable year.
Resignation for Good Reason or Termination Without Cause. If the Executive's employment terminates (A) as a result of his resignation for Good Reason or (B) as a result of a termination by the Company without Cause, then the Retention Option, to the extent outstanding at the time of such termination, shall remain exercisable until the earlier of (1) the expiration of ten years after the Retention Option was granted or (2) the date two years after the effective date of the termination of the Executive's employment.
Resignation for Good Reason or Termination Without Cause. If during the Employment Extension Period (i) the Executive voluntarily terminates his employment for Good Reason (as such term is defined in Section 7(c) of the Employment Agreement) in accordance with the procedures set forth in Section 7 of the Employment Agreement or (ii) the Company terminates the Executive’s employment, other than a termination for Cause (as defined in Section 8(b) of the Employment Agreement) in accordance with the procedures set forth in Section 8 of the Employment Agreement (in either case, a “Covered Termination”):
Resignation for Good Reason or Termination Without Cause. (a) The Executive may resign, and thereby terminate his employment (and the Employment Period), at any time for “Good Reason” (as defined below), upon not less than thirty (30) days’ prior written notice (reduced to five days’ notice for failure to pay Base Salary) to the Company specifying in reasonable detail the reason therefor; provided, however, that the Company shall have been given a reasonable opportunity to cure any such Good Reason (which are susceptible of cure) within thirty (30) days after the Company’s receipt of such notice. The Executive’s delay in providing such notice shall not be deemed to be a waiver of any such Good Reason unless and until the Executive fails to provide such notice within sixty (60) days after the Executive first becomes aware of the occurrence of the event triggering such Good Reason, nor does the failure to resign for one Good Reason prevent any later Good Reason resignation for a similar or different reason.
Resignation for Good Reason or Termination Without Cause. Following Participant's resignation for Good Reason or termination by the Company without Cause, the Participant (or Participant's legal representative) may exercise the Option only to the extent that such Option are exercisable on the Termination Date or as otherwise determined by the Committee. Such Option must be exercised by the Participant, if at all, as to some or all of the Vested Shares calculated as of the Termination Date for a period of thirty (30) days from the later of such Termination Date but, in any event, no later than the expiration of the Option.
Resignation for Good Reason or Termination Without Cause. Outside of a Change of Control. Subject to Section 4(e) of this Agreement, if Executive resigns for Good Reason or the Company terminates Executive's employment Without Cause when no Change of Control has occurred in the prior one (1) year period, then Executive shall receive:
