Common use of Resignation or Termination for Cause Clause in Contracts

Resignation or Termination for Cause. If Executive terminates his employment for any reason or no reason, or if the Company terminates Executive's employment for "Cause," Executive will be paid his Base Salary and for all unused vacation earned through the date of termination, but nothing else, and all stock vesting and benefits will cease on Executive's date of termination.

Resignation or Termination for Cause. If Executive terminates his employment for any reason or no reason, or if In the Company terminates event that: (i) Executive's employment is terminated by the Company at any time for "Cause," or (ii) Executive resigns his employment for any reason, then upon the termination of Executive's employment, Executive will be paid his Base Salary base salary and for all unused vacation earned through the date of termination, but nothing else, and all stock vesting and benefits will cease on Executive's date of termination.