Common use of Termination for Cause or by the Executive Other Than for Good Reason Clause in Contracts

Termination for Cause or by the Executive Other Than for Good Reason. If the Executive's employment hereunder is terminated by the Company for Cause or by the Executive (other than for Good Reason), then (i) the Company shall pay the Executive, as soon as practicable after Date of Termination, any Base Salary and any reimbursable expenses accrued or owing the Executive hereunder for services as of the Date of Termination; and (ii) the Executive shall immediately forfeit any unvested career shares and earned but unvested incentive stock shares. In the event of termination by the Company for Cause, the Executive shall have the right to exercise the vested unexercised portion of all outstanding stock option and stock awards prior to the Date of Termination, and the unexercised portion of any such award shall be forfeited thereafter and any restricted stock shall remain subject to the terms of each grant. In the event of termination by the Executive other than for Good Reason but subject to the provisions of Section 12, the Executive shall have the right to exercise the vested unexercised portion of all outstanding stock options and stock awards then held by the Executive for such period following the Date of Termination as shall be provided for under the terms of each grant, and the unexercised portion of any such awards shall be forfeited thereafter and any restricted stock shall remain subject to the terms of each grant.

Termination for Cause or by the Executive Other Than for Good Reason. If the Executive's employment hereunder is terminated by the Company for Cause or by the Executive (other than for Good Reason), then (i) the Company shall pay the Executive, as soon as practicable after Date of Termination, any Base Salary and any reimbursable expenses accrued or owing the Executive hereunder for services as of the Date of Termination; and (ii) the Executive shall immediately forfeit any then unvested career shares all Annual Option Grants, Restricted Stock Grants and earned but unvested incentive stock sharesAdditional Incentive Awards. In the event of termination by the Company for Cause, the Executive shall have the right to exercise the vested unexercised portion of all outstanding stock option options and stock awards prior to for such period following the Date of TerminationTermination as shall be provided for under the terms of each grant, and the unexercised portion of any such award shall be forfeited thereafter and any restricted stock shall remain subject to the terms of each grantforfeited. In the event of termination by the Executive other than for Good Reason but subject to the provisions of Section 12Reason, the Executive shall have the right to exercise the vested unexercised portion of all outstanding stock options and stock awards then held by the Executive for such period following the Date of Termination as shall be provided for under the terms of each grant, and the unexercised portion of any such awards shall be forfeited thereafter and any restricted stock shall remain subject to the terms of each grantforfeited.