Resignation without Good Reason; Termination for Cause. If the Executive voluntarily terminates his or her employment with the Company within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Company terminates the Executive's employment with the Company for Cause within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive, in a lump sum in cash within 30 days after the Date of Termination, the sum of (A) the Executive's annual base salary through the Date of Termination and (B) the amount of any compensation previously deferred by the Executive, in each case to the extent not previously paid, and (ii) timely pay or provide to the Executive the Other Benefits.
Resignation without Good Reason; Termination for Cause. In the event the Executive voluntarily terminates the Agreement Term and his employment hereunder other than for Good Reason, or in the event the Agreement Term and the Executive's employment hereunder is terminated by the Company for Cause, the Company shall pay and provide to the Executive all Accrued Rights and Bonus Rights and the Executive shall retain any rights that he has pursuant to any stock option agreement with the Company in accordance with the terms thereof.
Resignation without Good Reason; Termination for Cause. In the event the Executive voluntarily terminates his employment hereunder other than for Good Reason or is terminated by the Company for Cause, the Company shall pay the Executive and provide him with any Accrued Rights under Section 7(a)(i). Upon such termination, (i) the Executive shall not be entitled to receive, and the Company shall have no obligation to provide, any severance payments under this Agreement, (ii) the Executive and his dependents shall not be entitled to receive, the Company shall have no obligation to provide to the Executive or his dependents, any medical, dental, disability or life insurance coverage except as required by COBRA or other applicable law or under the terms of the applicable plans and (iii) all unvested stock options under Section 5 (including, without limitation, Time-Vested Options and Premium Options) shall terminate immediately and shall be of no further force or effect.
Resignation without Good Reason; Termination for Cause. In the event the Executive voluntarily terminates the Agreement Term and his employment
Resignation without Good Reason; Termination for Cause. In the event that the Executive resigns from the Company without Good Reason, or is terminated by the Company for Cause, all of his unvested equity based compensation awards, including the IPO RSUs and the Rollover Awards, that are unvested as of the Termination Date shall be forfeited without payment of consideration.
Resignation without Good Reason; Termination for Cause. If the Company terminates Executive’s employment for Cause (as defined in Section 4.2 below) or Executive terminates employment without Good Reason (as defined in Section 4.2 below) during the Term, then Executive shall only be entitled to receive any then unpaid Base Salary through the date of employment termination, payment of any Bonus earned with respect to the prior fiscal year but not yet paid (payable in accordance with Section 2.3), accrued but unused vacation in accordance with HMH policy, reimbursement for any unreimbursed expenses through the date of employment termination and any benefits accrued and vested under HMH plans and programs (including the MIP) through the date of termination in accordance with the terms of such plans and programs (collectively, the “Accrued Amounts”). For the avoidance of doubt, Executive shall not be paid any Bonus or other incentive compensation for the fiscal year in which such termination occurs.
Resignation without Good Reason; Termination for Cause. If the Executive voluntarily terminates his employment with the Company within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Company terminates the Executive’s employment with the Company for Cause within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive, in a lump sum in cash within 10 days after the Date of Termination, the sum of (A) the Executive’s annual base salary through the Date of Termination, (B) any accrued but unpaid vacation pay and (C) the amount of any compensation previously deferred by the Executive, in each case to the extent not previously paid, subject to any delay required by Section 8.8(a) and (c) hereof, and (ii) timely pay or provide to the Executive the Other Benefits in accordance with their terms.
Resignation without Good Reason; Termination for Cause. If, during the Term, you resign your employment without Good Reason or the Company terminates your employment for Cause, in any case, the Company will pay or provide you only the Accrued Obligations under Section 8 above. Vested benefits (if any) under any employee benefit plans shall be governed by the terms and conditions of the applicable plans.
Resignation without Good Reason; Termination for Cause. In the event hereunder other than for Good Cause, the Company shall pay the Executive and provide him with any earned but unpaid Base Salary through the date of termination, any earned but unpaid Target Annual Bonus for any completed fiscal year that ended prior to the date of termination and any unreimbursed business expenses due to the Executive from the Company as of the date of termination. Upon such termination, (i) the Executive shall not be entitled to receive, and the Company shall have no obligation to provide, any severance payments under this Agreement, (ii) the Executive and his dependents shall not be entitled to receive, the Company shall have no obligation to provide to the Executive or his dependents, any benefits detailed in Section 4(d) of this Agreement except as required by COBRA or other applicable law or under the terms of the applicable plans, and (iii) options covering shares of Common stock under this Agreement, whether vested or otherwise shall terminate immediately and shall be of no further force or effect. Notwithstanding the foregoing, the Company shall have the right to terminate the Executive's employment in the event that the pre-tax profits of the Company falls below 75% of the Pre-Tax Profit Target for the 2000 fiscal year or 75% of the Pre-Tax Profit Target for the 2001 fiscal year (as such targets are adjusted from time to time pursuant to Section 4(b) of this Agreement in the event of a material change in the operations of the Company). In such circumstances the Executive shall be entitled to such benefits, discussed above, as would be provided to the Executive had he terminated his employment other than for Good Reason or the Company had terminated his employment for Cause.
Resignation without Good Reason; Termination for Cause. In the event the Executive voluntarily terminates his employment hereunder other than for Good Reason or is terminated by the Company for Cause, the Company shall pay the Executive and provide him with those Accrued Rights described in the first sentence of Section 9(a)(i). Upon such termination, (i) the Executive shall not be entitled to receive, and the Company shall have no obligation to provide, any severance payments under this Agreement, (ii) the Executive and his dependents shall not be entitled to receive, the Company shall have no obligation to provide to the Executive or his dependents, any medical, dental, disability or life insurance coverage except as required by COBRA or other applicable law or under the terms of the applicable plans, and (iii) all unvested Restricted Shares shall be forfeited. For avoidance of doubt, this Section 9(b) shall have no effect on the Executive’s right to receive the Signing Bonus Deferred Shares.
