Common use of Termination During Term of Employment Clause in Contracts

Termination During Term of Employment. During the Term, either Party may terminate Executive’s employment at any time upon ninety (90) days written notice of termination, except that the Company need not provide notice for termination of Executive’s employment with Cause or upon Executive’s death or Disability (as defined below) (“Notice Period”). Upon termination of Executive’s employment, for any reason, the Company shall pay Executive (1) any unpaid Base Salary accrued through the date of termination; (2) any accrued, unused vacation through the date of termination; and (3) any unreimbursed expenses properly incurred prior to the date of termination (the “Accrued Obligations”), within the time period required by applicable law.

Termination During Term of Employment. During the Term, either Party may terminate Executive’s employment at any time upon ninety (90) days written notice of termination, except that the Company need not provide notice for termination of Executive’s employment with Cause or upon Executive’s death or Disability (as defined below) (“Notice Period”). Upon termination of Executive’s employment, for any reason, the Company shall pay Executive (1) any unpaid Base Salary accrued through the date of termination; , and (2) any accrued, unused vacation through the date of termination; and (3) any unreimbursed expenses properly incurred prior to the date of termination (the “Accrued Obligations”), within the time period required by applicable law.