Termination by Executive for Other than Good Reason. In the event Executive terminates his employment for other than Good Reason, this Agreement shall terminate and the Company's obligations to Executive under this Agreement shall be limited to his (a) Prorated Salary; (b) Earned Incentive Compensation; (c) Accrued PTO; (d) Reimbursable Expenses; and (e)
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Samples: Executive Employment Agreement (Spacedev Inc), Executive Employment Agreement (Spacedev Inc), Executive Employment Agreement (Spacedev Inc)
Termination by Executive for Other than Good Reason. In the event Executive terminates his employment for other than Good Reason, this Agreement shall terminate and the Company's obligations to Executive under this Agreement shall be limited to his (a) Prorated Salary; (b) Earned Incentive Compensation; (c) Accrued PTO; (d) Reimbursable Expenses; and (e)under
Appears in 1 contract
Samples: Employment Agreement (Spacedev Inc)
Termination by Executive for Other than Good Reason. In the event If Executive terminates his Executive’s employment for any reason other than Good Reason, this Agreement shall terminate and the Company's without further obligations to Executive under this Agreement shall be limited to his other than (a) Prorated Salary; the timely payment of Accrued Obligations and (b) Earned Incentive Compensation; payment to Executive of any bonus payments under Section 3.3, prorated to the date of termination, subject to achievement of the applicable metrics and qualitative assessment of Executive’s performance by the Board of Directors (c) Accrued PTO; (d) Reimbursable Expenses; less standard withholdings and (eother authorized deductions).
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