Common use of Termination by Executive Without a Termination Reason Clause in Contracts

Termination by Executive Without a Termination Reason. In the event that Executive’s employment is terminated by Executive without a Termination Reason as provided in Section 4(e), Executive shall receive all payments due under Section 4(g) as of the termination date and thereafter shall not be entitled to any further compensation from the Company and all outstanding unvested stock options and all unvested restricted stock and units shall be immediately forfeited.

Termination by Executive Without a Termination Reason. In the event that Executive’s employment is terminated by Executive without a Termination Reason as provided in Section 4(e), Executive shall receive all payments due under Section 4(g) as of the termination date and not thereafter shall not be entitled to any further compensation from the Company and all outstanding unvested stock options and all unvested restricted stock and units shall be immediately forfeited.