Common use of Termination for Cause, Death, Disability, or Resignation Clause in Contracts

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated for Cause, or is terminated as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 5 contracts

Samples: Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.)

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Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive's termination for Cause, or is terminated termination as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 4 contracts

Samples: Employment Agreement (OncoCyte Corp), Employment Agreement (Biotime Inc), Employment Agreement (OncoCyte Corp)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by Bank for Cause, or is terminated termination of Executive’s employment as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if anysalary actually earned prior to or as of the date of termination of Executive’s employment, and vacation or paid time off accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 4 contracts

Samples: Executive Employment Agreement (Silvergate Capital Corp), Executive Employment Agreement (Silvergate Capital Corp), Executive Employment Agreement (Silvergate Capital Corp)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated for Cause, or is terminated as a result of death, Disability, or resignationresignation without “Good Reason” as defined in this Agreement, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 3 contracts

Samples: Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.), Employment Agreement (Asterias Biotherapeutics, Inc.)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by Company for Cause, or is terminated termination of Executive’s employment as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if anysalary actually earned prior to or as of the date of termination of Executive’s employment, and vacation or paid time off accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 3 contracts

Samples: Employment Agreement (Biotime Inc), Employment Agreement (Biotime Inc), Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated for Cause, or is terminated as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 2 contracts

Samples: Employment Agreement (Biotime Inc), Employment Agreement (Asterias Biotherapeutics, Inc.)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by Company for Cause, Cause or is terminated as a result of death, Disability, the death or resignationDisability of Executive or if Executive resigns , Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if anysalary actually earned prior to or as of the date of termination of Executive’s employment, and vacation PTO accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 2 contracts

Samples: Employment Agreement (Lineage Cell Therapeutics, Inc.), Employment Agreement (Lineage Cell Therapeutics, Inc.)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive’s termination for Cause, or is terminated termination as a result of death, his death or Disability, or resignationhis resignation other than for Good Reason, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but by unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employmentemployment (the “Accrued Benefits”). Executive will not be entitled to any cash severance benefits or additional vesting of any Company stock options or other equity or cash awards.

Appears in 2 contracts

Samples: Employment Agreement (OncoCyte Corp), Employment Agreement (OncoCyte Corp)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by the Company for Cause, or is terminated termination of Executive’s employment as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive’s termination for Cause, or is terminated termination as a result of death, his death or Disability, or his resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any Company stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of the Executive is terminated for Cause, or is terminated as a result of death, Disability, or resignationresignation without Good Reason, the Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and accrued but unused vacation accrued days as of the date of termination of the Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 1 contract

Samples: Executive Employment Agreement (HWEL Holdings Corp.)

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Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive’s termination for Cause, or is terminated termination as a result of death, his death or Disability, or resignationhis Resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any Company stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive's termination for Cause, or is terminated termination as a result of death, his death or Disability, or his resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any Company stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive's termination for Cause, or is terminated termination as a result of death, his death or Disability, or his resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options Options or Subsidiary Options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated for Cause, or is terminated as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but by unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Asterias Biotherapeutics, Inc.)

Termination for Cause, Death, Disability, or Resignation. In the event that the employment of Executive is terminated Executive=s termination for Cause, or is terminated termination as a result of death, his death or Disability, or resignationhis Resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if any, and vacation accrued as of the date of his termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any Company stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Biotime Inc)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by OncoCyte for Cause, or is terminated termination of Executive’s employment as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if anysalary actually earned prior to or as of the date of termination of Executive’s employment, and vacation or paid time off accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (OncoCyte Corp)

Termination for Cause, Death, Disability, or Resignation. In the event that of the termination of Executive’s employment of Executive is terminated by Company for CauseCause (as defined below), or is terminated termination of Executive’s employment as a result of death, Disability, or resignation, Executive will be entitled to receive payment for all accrued but unpaid salary, accrued but unpaid bonus, if anysalary actually earned prior to or as of the date of termination of Executive’s employment, and vacation PTO accrued as of the date of termination of Executive’s employment. Executive will not be entitled to any cash severance benefits or additional vesting of any stock options or other equity or cash awards.

Appears in 1 contract

Samples: Employment Agreement (Lineage Cell Therapeutics, Inc.)

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