Common use of RIGHTS UPON TERMINATION FOR CAUSE Clause in Contracts

RIGHTS UPON TERMINATION FOR CAUSE. If Optionee's employment with TeleTech and/or its Subsidiaries is terminated for Cause, the Option shall be immediately cancelled, no portion of the Option may be exercised thereafter and Optionee shall forfeit all rights to the Option. The term "Cause" shall have the meaning given to such term or to the term "For Cause" or other similar phrase in Optionee's Employment Agreement with TeleTech or any Subsidiary; provided, however, that (i) if at any time Optionee's employment with TeleTech or any Subsidiary is not governed by an employment agreement, then the term "Cause" shall have the meaning given to such term in the Plan, and (ii) "Cause" shall exclude Optionee's death or Disability.

RIGHTS UPON TERMINATION FOR CAUSE. If Optionee's ’s employment with TeleTech and/or its Subsidiaries is terminated for Cause, the Option shall be immediately cancelled, no portion of the Option may be exercised thereafter and Optionee shall forfeit all rights to the Option. The term "“Cause" ” shall have the meaning given to such term or to the term "For “Cause" ” or other similar phrase in Optionee's ’s Employment Agreement with TeleTech or any Subsidiary; provided, however, that (i) if at any time Optionee's ’s employment with TeleTech or any Subsidiary is not governed by an employment agreement, agreement or if such employment agreement does not define “Cause,” then the term "“Cause" ” shall have the meaning given to such term in the Plan, and (ii) "“Cause" ” shall exclude Optionee's ’s death or Disability.

RIGHTS UPON TERMINATION FOR CAUSE. If Optionee's ’s employment with TeleTech and/or its Subsidiaries is terminated for Cause, the Option shall be immediately cancelled, no portion of the Option may be exercised thereafter and Optionee shall forfeit all rights to the Option. The term "“Cause" ” shall have the meaning given to such term or to the term "“For Cause" ” or other similar phrase in Optionee's ’s Employment Agreement with TeleTech or any Subsidiary; provided, however, that (i) if at any time Optionee's ’s employment with TeleTech or any Subsidiary is not governed by an employment agreement, agreement or if such employment agreement does not define “Cause,” then the term "“Cause" ” shall have the meaning given to such term in the Plan, and (ii) "”Cause" ” shall exclude Optionee's ’s death or Disability.