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.
Appears in 21 contracts
Samples: Retention Agreement (Netegrity Inc), Retention Agreement (Netegrity Inc), Retention Agreement (Netegrity Inc)
Resignation without Good Reason; Termination for Cause. If the Executive voluntarily terminates his or her [his/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 ’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 ’s annual base salary accrued and unpaid 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.
Appears in 11 contracts
Samples: Executive Retention Agreement (Network Engines Inc), Retention Agreement (Network Engines Inc), Retention Agreement (Network Engines Inc)
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 ’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 10 days after the Date of Termination, the sum of (A) the Executive's ’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.
Appears in 3 contracts
Samples: Executive Retention Agreement (Bottomline Technologies Inc /De/), Executive Retention Agreement (Bottomline Technologies Inc /De/), Executive Retention Agreement (Bottomline Technologies Inc /De/)
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 ’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 10 days after the Date of Termination, the sum of (A) the Executive's ’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, subject to any delay required by Section 8.9(a) and (c) hereof, and (ii) timely pay or provide to the Executive the Other BenefitsBenefits in accordance with their terms.
Appears in 1 contract
Samples: Executive Retention Agreement (Bottomline Technologies Inc /De/)