Termination by Executive Without Cause. This Agreement shall terminate upon any voluntary termination by Executive of his/her employment with the Company or the Subsidiary, as the case may be, other than pursuant to Section 4 of this Agreement. In the event of a termination of this Agreement pursuant to this Section 6.1, then, notwithstanding anything to the contrary that may be contained elsewhere herein, except for any severance or other compensation to which Executive may be entitled, by reason of such termination, under the Employment Agreement, neither the Company nor the Subsidiary shall have any liability to Executive, or Executive’s estate, heirs, successors, representatives or assigns, due to such termination of this Agreement or by reason of any prior or subsequent Change in Control of the Company.
Termination by Executive Without Cause. Executive may terminate his employment without cause by giving the Company thirty (30) days written notice of termination. If Executive terminates his employment without cause under this section, he will receive only his salary and benefits earned pro rata to the date of his termination. All other salary and benefits will cease on the date of Executive’s termination. At its option, the Company may pay Executive his salary and benefits provided in this Agreement through the effective date of his written notice of termination and immediately accept his termination.
Termination by Executive Without Cause. If the Executive resigns without cause (as defined in paragraph ), this Agreement shall terminate as of the date of his resignation, and the Company's obligations and the Executive's rights under this Agreement shall terminate.
a. Survival of restrictive covenants. Notwithstanding the expiration or termination of this Agreement for any reason, the Executive's covenants in section and his obligations under that section shall survive the termination of this Agreement as set forth in that section.
Termination by Executive Without Cause. Executive may terminate this Agreement without cause upon the provision of twelve (12) weeks' prior notice to the Company. The date of such termination shall be referred to as the "Without Cause Termination Date" in this Agreement. Upon such a termination, the Executive shall receive an amount equal to one year's Base Salary in effect at the time of termination, the full bonus under the senior management Bonus Plan of the Company based on the actual performance of the Company under the Bonus Plan and not pro-rated for months of service in the year of termination, and the full Performance Bonus that Executive would have received under this Agreement based on the actual performance of the Company and not pro-rated for months of service in the year of termination. Executive also shall be entitled to receive the value of the vested retirement benefit and the tax gross up thereon when payable in accordance with Sections 5(d) and 5(h) of this Agreement and any other non-reimbursed business expenses and health insurance as set forth in Section 8 below. Executive must comply with Section 6 below. All stock options which are vested through the Without Cause Termination Date can be exercised by the Executive under the terms of the applicable option plan as if the Executive remained in the Company's employ. No other payment shall be made to Executive under this Agreement other than that provided in this paragraph. Executive will receive payment under this section as long as notice of termination is given during the term of the Agreement even if the Without Cause Termination Date extends beyond the term of the Agreement.
Termination by Executive Without Cause. Executive may terminate her -------------------------------------- employment at any time without cause, i.e., for grounds other than those described in paragraphs 5.2, 5.3, 5.6, and 5.7.
Termination by Executive Without Cause. Executive may terminate this Agreement without cause upon the provision of two weeks' prior written notice to the Company. Upon such a termination, the following payments will be made by the Company to the Executive:
1. If Executive elects such a termination between the Effective Date of this Agreement and the first date of work of either the permanent Chairman of the Board, the permanent Chief Executive or the permanent President, the Executive would receive no benefits under this Agreement.
2. If the Executive elects such a termination after the first date of work of either the permanent Chairman, permanent Chief Executive Officer or the permanent President, the Executive would receive the same payment as a termination pursuant to Section 5(c) above.
Termination by Executive Without Cause. Executive may terminate this Agreement without cause upon the provision of twelve (12) weeks' prior notice to the Company. The date of such termination shall be referred to as the "Without Cause Termination Date" in this Agreement. Upon such a termination, the Executive shall receive an amount equal to one year's Base Salary in effect at the time of termination, the full bonus under the senior management Bonus Plan of the Company based on the actual performance of the Company under the Bonus Plan and not pro-rated for months of service in the year of termination, and the full Performance Bonus that Executive would have received under this Agreement based on the actual performance of the Company and not pro-rated for months of service in the year of termination. Executive also shall be entitled to receive the vested retirement and the portion of the vested annuity and tax gross up retirement benefit in accordance with Sections 5(d) and 5(h) of this Agreement which have vested prior to the Executive's termination date and any other non-reimbursed business expenses and health insurance as set forth in Section 8 below. Executive must comply with Section 6 below. No other payment shall be made to Executive under this Agreement other than that provided in this paragraph.
Termination by Executive Without Cause. Executive may terminate this Agreement at any time upon thirty (30) days' prior written notice to Bowmxx. Xx the event of such termination, Bowmxx xxxll have no further obligations to Executive under this Agreement except for any amounts earned by, or accrued for, Executive under any employee benefit plans in which the Executive is then a participant, earned and unpaid salary and accrued and unused vacation pay and any rights of Executive under any bonus or stock option agreement, which right has been earned by Executive at the time of such termination pursuant to the terms of such plan or agreement. Executive shall not after termination be entitled to Base Salary, Incentive Compensation, Severance Pay, fringe benefits, additional stock options, or any other compensation or benefits. Bowmxx xxx, in its sole discretion, accept Executive's resignation and terminate his employment prior to the expiration of the thirty (30) day notice period and pay Executive's compensation for the notice period (or remaining term thereof).
Termination by Executive Without Cause. Executive may terminate this Agreement without cause upon the provision of eight (8) weeks' prior written notice to the Company. Upon such a termination, the Executive shall receive the compensation set forth in Section 7 below. No other payment shall be made to Executive under this Agreement other than the retirement benefit in accordance with Section 5(d) of this Agreement which has vested prior to the Executive's termination date and any other non-reimbursed business expenses.
Termination by Executive Without Cause. At any time during the Period of Employment, Executive may terminate his employment hereunder for any reason. If Executive provides notice to the Company under Section 1 that he does not wish to extend the Period of Employment, such action shall be deemed a voluntary termination by Executive.
