Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination date, plus, within five (5) business days of the termination date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of the termination date. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 3 contracts
Samples: Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's ’s employment hereunder is terminated pursuant to Sections 7(a7(b), 7(c) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, within five (5) business days of the termination dateTermination Date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of the termination dateTermination Date. If Employee's ’s employment is terminated by the Company under Section 7(c7(a) without cause, or if there is a change “Change in control of the Company Control” as defined in Section 7(d), all unexercised options granted to Employee under the Company's ’s Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's ’s employment is terminated pursuant to Sections 7(b7(a), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 3 contracts
Samples: Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a), 7(b) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, within five (5) business days of the termination dateTermination Date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as at of the termination dateTermination Date. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 3 contracts
Samples: Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination date, plus, within five (5) business days of the termination date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of the termination date. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 2 contracts
Samples: Employment Agreement (America Service Group Inc /De), Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a), 7(b) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, within five (5) business days of the termination dateTermination Date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as at of the termination dateTermination Date. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change "Change in control of the Company Control" as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 1 contract
Samples: Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, within five (5) business days of the termination dateTermination Date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of at the termination dateTermination Date. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections Section 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 1 contract
Samples: Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder ------------------------ is terminated pursuant to Sections 7(a) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, within five (5) business days of the termination dateTermination Date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of the termination dateTermination Date, including those described in (ii) below. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 1 contract
Samples: Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections Section 7(a) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination dateTermination Date, plus, plus within five (5) business days of the termination date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as of the termination date, including those described in (ii) below. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 1 contract
Samples: Employment Agreement (America Service Group Inc /De)
Termination Compensation. If Employee's employment hereunder is terminated pursuant to Sections 7(a), 7(b) or 7(e) of this Agreement, the Company shall pay the Employee his full base salary through the termination date, plus, within five (5) business days of the termination date, any bonuses, incentive compensation, or other payments due which pursuant to the terms of any compensation or benefit plan have been earned or vested as at of the termination datesate. If Employee's employment is terminated by the Company under Section 7(c) without cause, or if there is a change in control of the Company as defined in Section 7(d), all unexercised options granted to Employee under the Company's Incentive Stock Plan or Amended Incentive Stock Plan shall accelerate and shall immediately vest. If Employee's employment is terminated pursuant to Sections 7(b), 7(c) or 7(d) of this Agreement, the Company shall pay the Employee the following:
Appears in 1 contract
Samples: Employment Agreement (America Service Group Inc /De)