Termination By Signalife Without Good Cause, Termination By Xxxxxxx For Good Reason; Change of Control; Sale of Business Sample Clauses

Termination By Signalife Without Good Cause, Termination By Xxxxxxx For Good Reason; Change of Control; Sale of Business. Anything in this section 13(C) or elsewhere in this Agreement to the contrary notwithstanding, in the event of the termination of this Agreement by reason of (1) Termination By Signalife Without Good Cause pursuant to section 12(D), (2) Termination By Xxxxxxx For Good Reason pursuant to section 12(E), (3) a Change of Control pursuant to section 12(G), or (4) a Sale of Business pursuant to section 12(H); then (i) all unvested Time-In-Service Options shall fully vest, and (ii) all unvested Stock Performance Options and Financial Performance Options which would have otherwise vested in the twenty-four (24) month period following such termination shall vest to the extent of the satisfaction of their performance requirements during such twelve (12) month period; and (iii) all other unvested Options shall be deemed forfeited effective upon termination. In addition, the remaining term of all vested Options (including those vested pursuant to the preceding sentence) shall be accelerated to two (2) years from the date of termination if earlier than the stipulated expiration date for such vested Options; with the exception of any Stock Performance Options and Financial Performance Options which vest in the twenty-four month period following termination as provided in the preceding sentence, which shall expire two years from their date of vesting.
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Related to Termination By Signalife Without Good Cause, Termination By Xxxxxxx For Good Reason; Change of Control; Sale of Business

  • Termination by Employee without Good Reason The Employee shall have the right at any time to terminate the Employee's employment with both Employers without Good Reason by giving the Employers written notice that the Employee is terminating his employment. Any such termination shall apply to the Employee's employment with both Employers and be effective ninety (90) days after the giving of such notice by the Employee.

  • Termination without Cause or Resignation for Good Reason in Connection with a Change of Control If the Company or its Affiliates terminate Executive’s employment with the Company or its Affiliates, respectively, without Cause or Executive resigns from such employment for Good Reason within twelve (12) months following a Change of Control, and Executive signs and does not revoke a separation agreement and release of claims with the Company (in a form acceptable to the Company), then Executive will receive the following severance from the Company:

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • Termination by the Company for Cause; Termination by the Executive without Good Reason (a) For purposes of this Agreement, “

  • Termination without Cause or Resignation for Good Reason in Connection with a Change in Control If the Company terminates Executive’s employment with the Company without Cause (excluding death or Disability) or if Executive resigns from his or her employment for Good Reason, and, in each case, such termination date occurs during the Change in Control Period, then Executive will receive the Accrued Benefits and, subject to Sections 5 through 7, below, Executive will be eligible to receive the following:

  • Involuntary Termination Without Cause and Voluntary Termination with Good Reason With written notice to the Executive at least thirty (30) days in advance, the Bank may terminate the Executive’s employment without Cause. Termination shall take effect at the end of the notice period. With advance written notice to the Bank as provided in clause (y), the Executive may terminate employment for Good Reason. If the Executive’s employment terminates involuntarily without Cause or voluntarily but with Good Reason, the Executive shall be entitled to the benefits specified in Article 4 of this Agreement. For purposes of this Agreement, a voluntary termination by the Executive shall be considered a voluntary termination with Good Reason if the conditions stated in both clauses (x) and (y) of this Section 3.4 are satisfied:

  • Termination by the Company without Cause; Termination by the Executive for Good Reason (a) For purposes of this Agreement, “Good Reason” shall mean, unless otherwise consented to by the Executive,

  • Termination by the Executive Without Good Reason The Executive may terminate his employment on his own initiative for any reason upon 30 days’ prior written notice to the Company; provided, however, that during such notice period, the Executive shall reasonably cooperate with the Company (at no cost to the Executive) in minimizing the effects of such termination on the Company Group. Such termination shall have the same consequences as a termination for Cause under Section 6.2.

  • Termination by Executive Without Good Reason Executive may terminate his employment upon 30 days’ written notice to the Company. In the event Executive terminates his employment in this manner, he shall remain in the Company’s employ subject to all terms and conditions of this Agreement for the entire 30-day period unless instructed otherwise by the Company in writing.

  • Termination by the Company for Cause or by Executive Without Good Reason If Executive’s employment is terminated by the Company for Cause or by Executive without Good Reason, the Company shall pay Executive all amounts earned or accrued hereunder through the termination date, including:

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