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

Resignation without Good Reason; Termination for Death. or Disability. 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 Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 2 contracts

Samples: Opnet Technologies Inc, Opnet Technologies Inc

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Resignation without Good Reason; Termination for Death. or --------------------------------------------------------- Disability. 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 Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 2 contracts

Samples: Executive Retention Agreement (Banyan Systems Inc), Executive Retention Agreement (Banyan Systems Inc)

Resignation without Good Reason; Termination for Death. or --------------------------------------------------------- Disability. 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 Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 2 contracts

Samples: Opnet Technologies Inc, Opnet Technologies Inc

Resignation without Good Reason; Termination for Death. or ---------------------------------------------------------- Disability. 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 Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 1 contract

Samples: Opnet Technologies Inc

Resignation without Good Reason; Termination for Death. or --------------------------------------------------------- Disability. If the Executive voluntarily terminates his employment with the ------------- ---------- within Company within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 1 contract

Samples: Opnet Technologies Inc

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Resignation without Good Reason; Termination for Death. or --------------------------------------------------------- Disability. If the Executive voluntarily terminates his employment with during the ------------- Company within 12 months following the Change in Control Date---------- Term, excluding a termination for Good Reason, or if the Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following disability during the Change in Control DateTerm, then the Company shall (i) pay the Executive (or his estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 1 contract

Samples: Retention Agreement (Network Engines Inc)

Resignation without Good Reason; Termination for Death. or --------------------------------------------------------- Disability. If the Executive voluntarily terminates his [his/her] employment with ---------- the ------------- Company within 12 months following the Change in Control Date, excluding a termination for Good Reason, or if the Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control DateDisability, then the Company shall (i) pay the Executive (or his [his/her] estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive (or his estate, if applicable) the Other Benefits.

Appears in 1 contract

Samples: Retention Agreement (Navisite Inc)

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