Common use of Termination By Company Without Cause or By Employee For Good Reason Clause in Contracts

Termination By Company Without Cause or By Employee For Good Reason. (i) If the Company terminates Employee's employment other than for Cause (as defined below) or if Employee terminates his employment for Good Reason (as defined below) or if Employee shall die or become disabled as a direct result of business related activities within nine (9) months of the Effective Date, then (A) within five (5) business days of the date on which Employee's employment is terminated, the Company shall pay to Employee in one lump sum payment that aggregate amount of Base Salary and Bonus that the Company would have paid to Employee during the Severance Period if Employee had remained employed with the Company throughout the Severance Period, (B) during the Severance Period the Company shall continue to make available to Employee the benefits made generally available by the Company to its employees, to the extent permitted under applicable law and the terms of the benefit plans, and (C) all non-vested options to purchase Company stock granted to Employee will immediately become vested. If the date of Employee's termination is on or before the first anniversary of the Effective Date, then for purposes of this Agreement the term "