Termination for any Reason other than Cause. If the Grantee’s employment is terminated for any reason other than by the Company for Cause, the Grant shall continue to be exercisable in whole or in part (to the extent exercisable on the date of such termination of employment) for the duration of the Exercise Term. In the event of the Grantee’s death, the Grant shall be exercisable (to the extent exercisable on the date of such death), to the extent provided in the Plan and this Agreement, by the legatee or legatees under his or her will, or by his or her personal representatives or distributees and such person or persons shall be substituted for the Grantee each time the Grantee is referred to herein.
Termination for any Reason other than Cause. The Company shall have the right to terminate your employment at any time other than for Cause. In the event of that type of termination occurring after the second anniversary of the Effective Date, you shall be entitled to receive continued base salary at the rate you were receiving base salary when you were terminated for a number of weeks (or fractions thereof) equivalent to the number of years (or fractions thereof) during which you were employed on a full-time basis by the Company, including service at Conductor prior to the Effective Date and service at the Company after the Effective Date. You will also receive any unpaid bonus, provided that the conditions for the payment of the bonus have been fully met. The Company will also maintain all of your benefits through the last day of the calendar month in which termination of your employment occurred. You will also be paid, credited or reimbursed, as the case may be, for all unpaid salary (including credit for any vacation earned but not taken), expenses, benefits and other amounts payable to you or earned by you up to the termination date. The entitlements described in this paragraph are in lieu of any severance or similar entitlements conferred, from time to time, by Conductor's severance policies that applied or apply from time to time to other employees.
Termination for any Reason other than Cause. If the Executive's employment is terminated by the Company during the Term of Employment for any reason other than Cause:
(i) The Company will forgive the outstanding amounts under the Loan and the Executive will be entitled to receive all of the other Employee Benefits set forth in Section 4 of the Severance Agreement and all of the other protections and entitlements set forth in Section 5 of the Severance Agreement; and
(ii) For the greater of (a) thirty-six (36) months following the Effective Date or (b) eighteen (18) months following the date of the Executive?s termination of employment, the Company will arrange to provide the Executive and his eligible dependents with Employee Benefits (excluding retirement, deferred compensation and stock option, stock purchase, stock appreciation or similar compensatory benefits) that are substantially similar to those that the Executive and such dependents were receiving or entitled to receive immediately prior to the effective date of the Executive's termination of employment, except that the level of any such Employee Benefits to be provided to the Executive and such dependents may be reduced in the event of a corresponding reduction generally applicable to all senior executives. If and to the extent that any benefit described in this Section 5(d)(ii) is not or cannot be paid or provided under any policy, plan, program or arrangement of the Company or any Subsidiary, as the case may be, then the Company will itself pay or provide for the payment of such Employee Benefits to the Executive, his dependents and his beneficiaries. Employee Benefits otherwise receivable by the Executive pursuant to this Section 5(d)(ii) will be reduced to the extent comparable welfare benefits are actually received by the Executive from another employer during the Continuation Period following the effective date of the Executive's termination of employment, and any such benefits actually received by the Executive must be reported by the Executive to the Company.
Termination for any Reason other than Cause. If you voluntarily terminate your employment or if your employment with the Corporation is terminated by the Corporation without Cause, as defined below, (i) the unvested portion of the Option shall terminate on, and shall be of no further force or effect from and after, the date of such Termination of Employment; and (ii) the Vested Portion of the Option shall be exercisable by you for a period of 90 days following the date of such Termination of Employment, except as provided in and subject to Sections 2 and 4. If you do not exercise any portion of the Option within the 90 day period, such unexercised Vested Portion shall terminate and shall be of no further force or effect following the close of business on the last day of the 90-day period.
Termination for any Reason other than Cause. If Grantee's employment is terminated for any reason other than by the Company for Cause, or due to Grantee's death, the Award shall continue to be exercisable for the duration of the Exercise Term. In the event of Grantee's death, the Award shall be exercisable by the legatee or legatees under his or her will, or by his or her personal representatives or distributees and such person or persons shall be substituted for Grantee each time Grantee is referred to herein.
Termination for any Reason other than Cause. If the Optionee's employment is terminated for any reason other than by the Company for Cause, the Option shall continue to be exercisable in whole or in part (to the extent exercisable on the date of such termination of employment) for the duration of the Exercise Term. In the event of the Optionee's death, the Option shall be exercisable, to the extent provided in the Plan and this Agreement, by the legatee or legatees under his will, or by his personal representatives or distributees and such person or persons shall be substituted for the Optionee each time the Optionee is referred to herein.
Termination for any Reason other than Cause. If the Grantee’s employment is terminated for any reason other than by the Company for Cause, the Award shall continue to be exercisable in whole or in part (to the extent exercisable on the date of such termination of employment) for the duration of the Exercise Term. In the event of the Grantee’s death, the Award shall be exercisable, to the extent provided in the Plan and this Agreement, by the legatee or legatees under his or her will, or by his or her personal representatives or distributees and such person or persons shall be substituted for the Grantee each time the Grantee is referred to herein.
Termination for any Reason other than Cause. DISABILITY OR DEATH;
Termination for any Reason other than Cause. In the event that Employee's employment is terminated for any reason other than for Cause, the Company, subject to Employee's compliance with Section 6, shall pay the following amounts to Employee:
(i) any accrued but unpaid Salary (as determined pursuant to Section 2);
(ii) severance pay equal to six (6) months' base salary at the Annual Rate in effect on the date of termination;
(iii) an amount reimbursing Employee for the applicable premium payment for any COBRA coverage payable under a Company health or welfare plan for Employee and Employee's dependents during the six (6) month period following the date of termination (the "Six Month Period");
(iv) an amount equal to any employer contribution that would have been made by the Company to any retirement plan of the Company on Employee's behalf had Employee remained employed by the Company during the Six Month Period assuming Employee contributed the maximum amount to such plan;
(v) any accrued but unpaid expenses required to be reimbursed pursuant to Section 3(a); and
(vi) any vacation accrued to the date of termination. Notwithstanding the foregoing, the amounts paid to Employee pursuant to subsections (iii) and (iv) of this Section 5(a) shall not exceed $25,000.
Termination for any Reason other than Cause. If the termination ------------------------------------------- of employment or service of the Participant is for any reason other than Cause (as defined in the Employment Agreement), the Company shall have the right to purchase all or any portion of the Shares issued upon exercise of this option at a price equal to the Fair Value (as defined below) thereof at the time of termination.
