Common use of TERMINATION FOR CAUSE OR AT EXECUTIVE’S ELECTION Clause in Contracts

TERMINATION FOR CAUSE OR AT EXECUTIVE’S ELECTION. In the event this Agreement and Executive’s employment are terminated for Cause pursuant to Section 4.1, or at Executive’s election for other than Good Reason pursuant to Section 4.3, Hasbro shall pay Executive the compensation and benefits otherwise payable to Executive under Section 3 through the last day of Executive’s actual employment by Hasbro.

Appears in 2 contracts

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

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TERMINATION FOR CAUSE OR AT EXECUTIVE’S ELECTION. In the event this Agreement and Executive’s employment are terminated for Cause pursuant to Section 4.1, or at Executive’s election for other than Good Reason pursuant to Section 4.3, Hasbro shall pay Executive the compensation and benefits otherwise payable to Executive under Section 3 through the last day of Executive’s actual employment by Hasbro. All stock options, restricted stock, restricted stock units and contingent performance share awards granted to Executive shall be treated in connection with the relevant agreements and plans.

Appears in 1 contract

Samples: Employment Agreement (Hasbro Inc)

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TERMINATION FOR CAUSE OR AT EXECUTIVE’S ELECTION. In the event this Agreement and Executive’s employment are terminated for Cause pursuant to Section 4.1, or at Executive’s election for other than Good Reason pursuant to Section 4.3, Hasbro shall pay Executive the compensation and benefits otherwise payable to Executive under Section 3 through the last day of Executive’s actual employment by Hasbro. All stock options, restricted stock units and contingent performance share awards granted to Executive, except where otherwise provided in this Agreement, shall be treated as provided in the relevant agreements and plans.

Appears in 1 contract

Samples: Employment Agreement (Hasbro Inc)

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