Common use of Resignation without Good Reason; Termination for Cause or for Death or Disability Clause in Contracts

Resignation without Good Reason; Termination for Cause or for Death or Disability. If, at any time, the Employee voluntarily terminates his or her employment with the Company, excluding a termination for Good Reason, or the Employee’s employment with the Company is terminated by the Company for Cause or by reason of the Employee’s death or Disability, then the Company shall pay the Employee (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations.

Appears in 4 contracts

Samples: Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/)

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Resignation without Good Reason; Termination for Cause or for Death or Disability. If, at any time, the Employee voluntarily terminates his or her employment with the Company, excluding a termination for Good Reason, or the Employee’s 's employment with the Company is terminated by the Company for Cause or by reason of the Employee’s 's death or Disability, then the Company shall pay the Employee (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations.

Appears in 3 contracts

Samples: Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/)

Resignation without Good Reason; Termination for Cause or for Death or Disability. If, at any time, If the Employee voluntarily terminates his or his/her employment with the CompanyCompany within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Employee’s employment with the Company is terminated by the Company for Cause or by reason of the Employee’s death or DisabilityDisability within 12 months following the Change in Control Date, then the Company shall pay the Employee (or his or his/her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations.

Appears in 1 contract

Samples: Control Agreement (Applix Inc /Ma/)

Resignation without Good Reason; Termination for Cause or for Death or Disability. If, at any time, the Employee voluntarily terminates his or her employment with the Company, excluding a termination for Good Reason, or the Employee’s 's employment with the Company is terminated by the Company for Cause or by reason of the Employee’s 's death or Disability, then the Company shall pay the Employee (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations.

Appears in 1 contract

Samples: Retention Agreement (Applix Inc /Ma/)

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Resignation without Good Reason; Termination for Cause or for Death or Disability. If, at any time, If the Employee voluntarily terminates his or his/her employment with the CompanyCompany within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Employee’s 's employment with the Company is terminated by the Company for Cause or by reason of the Employee’s 's death or DisabilityDisability within 12 months following the Change in Control Date, then the Company shall pay the Employee (or his or his/her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations.

Appears in 1 contract

Samples: Control Agreement (Applix Inc /Ma/)

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