Common use of Termination By the Company Without Cause; By the Executive for Good Reason Clause in Contracts

Termination By the Company Without Cause; By the Executive for Good Reason. If the employment of the Executive should terminate by reason of termination by the Company for any reason other than Cause, or by the Executive for Good Reason, then the Company shall pay all compensation and benefits for the Executive as follows: (i) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of his termination of employment that are related to his period of employment preceding his termination date, including pay in lieu of accrued, but unused, vacation; (ii) the prorated amount of the Maximum Target Bonus for the year in which the termination of employment occurs, pro rated for the portion of such year during which the Executive was employed prior to the effective date of his termination and subtracting all Incentive Bonus payments received by Executive during such year that relate only to such year; (iii) the amount equal to two times the sum of (A) Base Salary in effect on the date of termination, plus (B) the average of the actual bonus received by Executive during the previous two years. For purposes of this section, actual bonus shall mean the sum of the annual cash Incentive Bonus, plus the fair market value, measured as of the grant date, of the annual long-term incentive awards the Company has granted to or agreed to grant to (if such grant has not yet been

Termination By the Company Without Cause; By the Executive for Good Reason. If the employment of the Executive should terminate by reason of termination by the Company for any reason other than Cause, or by the Executive for Good Reason, then the Company shall pay all compensation and benefits for the Executive as follows: (i) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of his termination of employment that are related to his period of employment preceding his termination date, including pay in lieu of accrued, but unused, vacation; (ii) the prorated amount of the Maximum Target Bonus for the year in which the termination of employment occurs, pro rated for the portion of such year during which the Executive was employed prior to the effective date of his termination and subtracting all Incentive Bonus payments received by Executive during such year that relate only to such year; (iii) the amount equal to two three times the sum of (A) Base Salary in effect on the date of termination, plus (B) the average of the actual bonus received by Executive during the previous two years. For purposes of this section, actual bonus shall mean the sum of the annual cash Incentive Bonus, plus the fair market value, measured as of the grant date, of the annual long-term incentive awards the Company has granted to or agreed to grant to (if such grant has not yet been

Termination By the Company Without Cause; By the Executive for Good Reason. If the employment of the Executive should terminate by reason of termination by the Company for any reason other than Cause, or by the Executive for Good Reason, then the Company shall pay all compensation and benefits for the Executive as follows: (i) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of his her termination of employment that are related to his her period of employment preceding his her termination date, including pay in lieu of accrued, but unused, vacation; (ii) the prorated amount of the Maximum Target Bonus for the year in which the termination of employment occurs, pro rated for the portion of such year during which the Executive was employed prior to the effective date of his her termination and subtracting all Incentive Bonus payments received by Executive during such year that relate only to such year; (iii) the amount equal to two times the sum of (A) Base Salary in effect on the date of termination, plus (B) the average of the actual bonus received by Executive during the previous two years. For purposes of this section, actual bonus shall mean the sum of the annual cash Incentive Bonus, plus the fair market value, measured as of the grant date, of the annual long-term incentive awards the Company has granted to or agreed to grant to (if such grant has not yet been