Common use of TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE Clause in Contracts

TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE. (a) If Executive’s employment is terminated by the Company for any reason other than Executive’s death or Disability or for Cause (a “Qualifying Termination”) then (i) the Company shall pay to Executive an amount equal to twelve (12) months of Base Salary, which amount shall be payable in equal, biweekly installments (or, if different, in accordance with the Company’s payroll practice as in effect from time to time) during the twelve (12)-month period following such Qualifying Termination (the “Severance Period”); and (ii) the Company shall pay Executive within thirty (30) days of the date of such Qualifying Termination in a lump sum in cash any Accrued Obligations (as defined below) (together, the “Severance Payments”). The payment to Executive of the Severance Payments shall be subject to Executive’s execution and non-revocation of a general release of the Company and its affiliates, in a form substantially similar to that used for similarly situated executives of the Company and its affiliates (the “Release”), and Executive’s compliance with the restrictive covenants set forth in Section 3 hereof. Executive acknowledges and agrees that the Severance Payments constitute good and valuable consideration for the Release.

TERMINATION BY THE COMPANY OTHER THAN FOR DEATH, DISABILITY OR CAUSE. (a) If Executive’s employment is terminated by the Company for any reason other than Executive’s death or Disability or for Cause (a “Qualifying Termination”) then (i) the Company shall pay to Executive an amount equal to twelve six (126) months of Base Salary, which amount shall be payable in equal, biweekly installments (or, if different, in accordance with the Company’s payroll practice as in effect from time to time) during the twelve six (12)-month 6)-month period following such Qualifying Termination (the “Severance Period”); and (ii) the Company shall pay Executive within thirty (30) days of the date of such Qualifying Termination in a lump sum in cash any Accrued Obligations (as defined below) (together, the “Severance Payments”). The payment to Executive of the Severance Payments shall be subject to Executive’s execution and non-revocation of a general release of the Company and its affiliates, in a form substantially similar to that used for similarly situated executives of the Company and its affiliates (the “Release”), and Executive’s compliance with the restrictive covenants set forth in Section 3 hereof. Executive acknowledges and agrees that the Severance Payments constitute good and valuable consideration for the Release.