Termination by the Company for Cause or by the Executive other than for Good Reason Sample Clauses
Termination by the Company for Cause or by the Executive other than for Good Reason. In the event of a termination by the Company of the Executive’s employment during the Contract Term for Cause or by the Executive other than for Good Reason, the Executive shall be entitled to the compensation and benefits ordinarily provided to senior executives of the Company upon termination of employment in accordance with the plans, programs and practices of the Company applicable to senior executives as in effect on the date of the Change in Control.
Termination by the Company for Cause or by the Executive other than for Good Reason. If during the Employment Term (i) the Executive’s employment is terminated by the Company for Cause, (ii) the Executive voluntarily terminates his employment not for Good Reason and not following a Change of Control as provided in subsection (d) below, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the Date of Termination and (B) any other compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.
Termination by the Company for Cause or by the Executive other than for Good Reason. If the Executive’s employment hereunder is terminated by the Company for Cause as defined in Section 6(a) or by the Executive (other than for Good Reason as defined in Section 6(c)), then: (i) the Company shall pay the Executive, within thirty (30) days after the date of termination, any Base Salary and any reimbursable expenses accrued or owing the Executive hereunder as of the date of termination, any earned and unpaid annual bonus in respect of fiscal years of the Company completed prior to the date of termination (it being understood that, absent approval of the Compensation Committee, no such bonus shall have been deemed to have been earned for any year) and any cash distribution payments on the Restricted Units in accordance with and at the time specified in Section 4(a); (ii) the Company shall deliver to the Executive Holding units in respect of any vested Restricted Units on the 60th day following the date of termination (subject to any delay required by Section 409A of the Code as contemplated by Section 14(c)), subject to applicable withholding as provided in Section 4(a); (iii) the Executive shall immediately forfeit any unvested Restricted Units; and (iv) the Executive shall not be entitled to any other benefits under any Benefit Plan or policy except to the extent such benefits are vested as of the date of termination or required by statute or the express provisions of this Agreement (the “Other Benefits”). In addition, in the event of termination by the Executive other than for Good Reason (including, without limitation, after the expiration of the Employment Term), the Company shall provide the Executive and his spouse with access to participation in the Company’s medical plans at the Executive’s (or his spouse’s) sole expense based on a reasonably determined fair market value premium rate following the period of continued coverage under COBRA for as long as the Executive (or his spouse) elects to participate.
Termination by the Company for Cause or by the Executive other than for Good Reason. Subject to the provisions of Section 7 of this Agreement, if the Executive’s employment shall be terminated for Cause during the Employment Period, or if the Executive terminates employment during the Employment Period other than for Good Reason, the Company shall have no further obligations to the Executive under this Agreement other than the Accrued Obligations and deferred compensation and such rights and benefits to which the Executive may be entitled under the relevant Company employee benefit plans or programs. The Company hereby agrees to provide the Executive with an additional 180-day period following the Date of Termination in which to exercise any options that were vested as of his Date of Termination. Such 180-day period shall be extended by a number of days equal to the number of days in any “blackout” periods, if any, imposed by the Company during which such options are unexercisable.
Termination by the Company for Cause or by the Executive other than for Good Reason. If the Executive’s employment is terminated by the Company for Cause or by the Executive other than for Good Reason:
(1) the Executive shall be entitled to receive an immediate lump sum cash payment (to be paid within 30 days following the date of termination) equal to the sum of:
(I) his Base Salary through the date of termination; and any accrued but unpaid compensation for any prior Fiscal Year; and
(II) any accrued and unpaid compensation as of the date of termination of employment;
(2) any stock options then held by the Executive that have not previously been exercised shall be forfeited;
(3) any unvested Units shall be forfeited and the Executive shall be entitled to payment in respect of those Units that have vested as of the date of the Executive’s termination of employment with the Company; and
(4) except as expressly provided above and except for the Company’s obligations under Section 5(g) hereof, the Company will have no further obligations to the Executive hereunder following the Executive’s termination of employment under the circumstances described in this Section 6(c).
Termination by the Company for Cause or by the Executive other than for Good Reason. If the Executive's employment is terminated by the Company for Cause or by the Executive other than for Good Reason:
(1) the Executive shall be entitled to receive an immediate lump sum cash payment (to be paid within 30 days following the date of termination) equal to the sum of:
(I) his Base Salary through the date of termination; and any accrued but unpaid compensation for any prior Fiscal Year; and
(II) any accrued and unpaid compensation as of the date of termination of employment;
(2) any stock options then held by the Executive that have not previously been exercised shall be forfeited;
(3) any unvested RPSUs shall be forfeited; and
(4) except as expressly provided above and except for the Company's obligations under Section 5(g) hereof, the Company will have no further obligations to the Executive hereunder following the Executive's termination of employment under the circumstances described in this Section 6(c).
Termination by the Company for Cause or by the Executive other than for Good Reason. If, during the Employment Term, the Executive incurs a Separation from Service by reason of (i) the Company’s termination of the Executive’s employment for Cause or (ii) the Executive’s resignation, excluding resignation by him for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) his Base Salary through the date of Separation from Service and (B) any other 4 Change made by Amendment No. 2 dated as of May 19, 2001. 5 Change made by third amendment effective January 1, 2003. 6 Change made by third amendment effective January 1, 2003. compensation and benefits due to the Executive in accordance with this Agreement, in each case to the extent theretofore unpaid.
Termination by the Company for Cause or by the Executive other than for Good Reason. If the Executive’s employment with the Company is terminated by the Company for Cause or by the Executive other than for Good Reason (and not due to death or Disability), the Company shall have no further payment obligations to the Executive or his legal representatives under this Agreement, other than for:
(i) to the extent not theretofore paid, the sum of (A) the Executive’s Annual Base Salary earned through the Date of Termination, (B) the Bonus for the fiscal year ending immediately prior to the Date of Termination, (C) compensation previously deferred by the Executive (together with any accrued interest or earnings thereon), and (D) any accrued and unused vacation pay through the Date of Termination (the “Accrued Obligations”), which sum shall be paid within 15 days following the Date of Termination; and
(ii) to the extent not theretofore paid or provided, the Company shall timely pay or provide to the Executive and/or the Executive’s family any other amounts or benefits required to be paid or provided or which the Executive and/or the Executive’s family is eligible to receive pursuant to this Agreement and under any plan, program, policy or practice or contract or agreement of the Company (“Other Benefits”).
Termination by the Company for Cause or by the Executive other than for Good Reason. If, during the Term, the Executive’s employment with the Company is terminated by the Company for Cause or by the Executive other than for Good Reason (and not due to death or Disability), the Company shall have no further payment obligations to the Executive or his legal representatives under this Agreement, other than for:
(i) to the extent not theretofore paid, the sum of (A) the Executive’s Annual Base Salary earned through the Date of Termination, (B) any bonus (should any have been approved by the Board in its discretion) earned but not paid as of the Date of Termination, and (C) compensation previously deferred by the Executive (together with any accrued interest or earnings thereon as may have been approved by the Board), and (D) any accrued and unused vacation pay (as the same may have been approved by the Board) through the Date of Termination (the “Accrued Obligations”), which sum shall be paid within 15 days following the Date of Termination; and
(ii) to the extent not theretofore paid or provided, the Company shall timely pay or provide to the Executive and/or the Executive’s family any vested other amounts or benefits required to be paid or provided or which the Executive and/or the Executive’s family is eligible to receive pursuant to this Agreement and under any General Benefit Plan (“Other Benefits”).
Termination by the Company for Cause or by the Executive other than for Good Reason. If, during the Employment Term, the Executive incurs a Separation from Service by reason of (i) the Company’s termination of the Executive’s employment for Cause, or (ii) the Executive’s resignation, excluding a resignation by her for Good Reason, then the Company shall have no further obligation to the Executive other than the obligation to pay to the Executive (A) her Base Salary through the date of Separation from Service and (B) any other compensation and benefits due to the Executive in accordance with this Agreement or any other plan or arrangement, in each case to the extent theretofore unpaid. Xxxxxxx X. Xxxxx