Termination by the Corporation Other Than For Cause. (1) The foregoing notwithstanding, the Corporation may terminate the Executive's employment for whatever reason it deems appropriate; provided, however, that in the event such termination is not based on Cause, as provided in Section 6c above, the Corporation may terminate this Agreement upon giving the Executive thirty (30) days' prior written notice. During such thirty (30) day period, the Executive shall continue to perform the Executive's duties pursuant to this Agreement. Notwithstanding any such termination, the Corporation shall continue to pay to the Executive the Base Salary and Executive Benefits he would be entitled to receive under this Agreement for the balance of the Term of this Agreement; and at the end of the thirty (30) day period, the Corporation shall pay to the Executive a sum equal to one (1) times the Executive's annual Base Salary, as of the date of termination, together with any Annual Bonus which may have been earned as of the date of termination. Such amount shall be payable in six equal monthly installments beginning on the date of termination.
Termination by the Corporation Other Than For Cause. (1) The foregoing notwithstanding, the Corporation may terminate the Executive's employment for whatever reason it deems appropriate; provided, however, that in the event such termination is not based on Cause, as provided in Section 6c above, the Corporation may terminate this Agreement upon giving the Executive thirty (30) days' prior written notice. During such thirty (30) day period, the Executive shall continue to perform the Executive's duties pursuant to this Agreement. Notwithstanding any such termination, the Corporation shall continue to pay to the Executive the Base Salary and Executive Benefits he would be entitled to receive under this Agreement for the balance of the Term of this Agreement in accordance with the Corporation's regular payroll policies.
Termination by the Corporation Other Than For Cause including non-renewal under section 3 above
Termination by the Corporation Other Than For Cause. The Corporation may terminate the Executive's employment hereunder upon the expiration of the Initial Term or any Successor Term, provided that notice of termination is furnished as set forth in Section 1, or at any time prior to the expiration of any successor Term, upon 30 days notice to the Executive, and subject, in either event, to the right of the Executive, within such notification period, to effect his own Good Reason termination as described in subsection e. below. In the event of either such termination, the Executive shall be entitled to receive any salary and benefits accrued, vested and unpaid as of the date of any such termination and any benefits to which the Executive may be entitled under and in accordance with the terms of any employee benefit plan, policy or program maintained by the Corporation, as well as, in the event that the Executive shall have timely effected a Good Reason termination, those benefits authorized under the provisions of subsection e.; and following his receipt of such salary and benefits the Corporation shall be under no further obligation hereunder to the Executive and the Executive no longer shall be entitled to receive any payments or any other rights or benefits under this Agreement.
Termination by the Corporation Other Than For Cause. If the Executive ceases to be employed by the Corporation or a Subsidiary and such termination is the result of a termination by the Corporation or Subsidiary other than for Cause (as such term is defined in the Employment Agreement), then: · the outstanding and previously unvested portion of the Option shall automatically become fully vested as of the date of such termination of employment, · the Option shall continue to be exercisable for 90 days after such termination of employment (subject to earlier termination pursuant to Section 6.2 of the Plan and subject to the maximum ten-year term of the Option), and · the Option, to the extent not exercised prior to the expiration of such period, shall automatically terminate at the end of such period. ·
Termination by the Corporation Other Than For Cause. If the Executive ceases to be employed by the Corporation or a Subsidiary and such termination is the result of a termination by the Corporation or Subsidiary other than for Cause (as such term is defined in the Employment Agreement), then the unvested portion of the Award shall automatically become fully vested as of the date of such termination of employment.
