Common use of Termination by the Executive for any Reason Clause in Contracts

Termination by the Executive for any Reason. (a) Upon a termination of the Executive’s employment hereunder in accordance with the terms and provisions of Section 7.2, the Executive shall be entitled to receive all Accrued Salary and Benefits calculated through the date such termination is effective. The Executive thereafter shall not be entitled to receive any additional compensation from the Company. (b) Notwithstanding the termination of Executive’s employment, the Executive shall continue to be bound by the terms and provisions of Sections 10, 11, 12, 13 and 14 in accordance with their terms.

Termination by the Executive for any Reason. (a) Upon If the Executive terminates employment for any reason, the Executive shall receive the salary to which she is entitled through the date on which her termination becomes effective and any other benefits to which she may be entitled under the Employer’s benefit plans and policies.” 4. Section 4.5 of the Employment Agreement is hereby amended to add the following sentence at the end of the section: “Notwithstanding anything set forth above, as of the Closing Date, this Section 4.5 shall only be applicable to a termination of the Executive’s employment hereunder in accordance with the terms and provisions of Section 7.2, the Executive shall be entitled due to receive all Accrued Salary and Benefits calculated through the date such termination is effective. The Executive thereafter shall not be entitled to receive any additional compensation from the Companydisability. (b) Notwithstanding the termination of Executive’s employment, the Executive shall continue to be bound by the terms and provisions of Sections 10, 11, 12, 13 and 14 in accordance with their terms.”

Termination by the Executive for any Reason. (a) Upon If the Executive terminates employment for any reason, the Executive shall receive the salary to which he is entitled through the date on which his termination becomes effective and any other benefits to which he may be entitled under the Employer’s benefit plans and policies.” 4. Section 4.5 of the Employment Agreement is hereby amended to add the following sentence at the end of the section: “Notwithstanding anything set forth above, as of the Closing Date, this Section 4.5 shall only be applicable to a termination of the Executive’s employment hereunder in accordance with the terms and provisions of Section 7.2, the Executive shall be entitled due to receive all Accrued Salary and Benefits calculated through the date such termination is effective. The Executive thereafter shall not be entitled to receive any additional compensation from the Companydisability. (b) Notwithstanding the termination of Executive’s employment, the Executive shall continue to be bound by the terms and provisions of Sections 10, 11, 12, 13 and 14 in accordance with their terms.”