Common use of Severance Payment Upon Termination with Cause Clause in Contracts

Severance Payment Upon Termination with Cause. In the event of termination for Failure to Perform pursuant to Section 3(a), or termination for cause pursuant to Section 3(b), (c) or (d) above, the terms of the stock option agreements between Employer and Employee thereunder will determine the terms of the vesting of options and the exercisability of vested options.

Appears in 6 contracts

Samples: Severance Agreement (Federal Realty Investment Trust), Severance Agreement (Federal Realty Investment Trust), Severance Agreement (Federal Realty Investment Trust)

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Severance Payment Upon Termination with Cause. In the event of --------------------------------------------- termination for Failure to Perform pursuant to Section 3(a), or termination for cause pursuant to Section 3(b), (c) or (d) above, the terms of the stock option agreements between Employer and Employee thereunder will determine the terms of the vesting of options and the exercisability of vested options.

Appears in 2 contracts

Samples: Severance Agreement (Federal Realty Investment Trust), Severance Agreement (Federal Realty Investment Trust)

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Severance Payment Upon Termination with Cause. In the event of termination for Failure to Perform pursuant to Section 3(a4(a), or termination for cause pursuant to Section 3(b4(b), (c) or (d) above, the terms of the stock option agreements between 4 of 20 Employer and Employee thereunder will determine the terms of the vesting of options and the exercisability of vested options.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Federal Realty Investment Trust)

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