Common use of Termination for Cause or Other Than for Good Reason, etc Clause in Contracts

Termination for Cause or Other Than for Good Reason, etc. If the Company terminates Executive’s employment for Cause (whether before or after a Change of Control) or Executive terminates his employment other than for Good Reason, death or Disability, or Executive Termination, the Company shall pay to Executive immediately after the Date of Termination an amount equal to the sum of Executive’s Accrued Base Salary and Accrued Annual Bonus and Executive shall not be entitled to receive any severance payment.

Termination for Cause or Other Than for Good Reason, etc. If the Company terminates Executive’s 's employment for Cause (whether before or after a Change of Control) or Executive terminates his employment other than for Good Reason, death or Disability, or Executive Termination, the Company shall pay to Executive immediately after the Date of Termination an amount equal to the sum of Executive’s 's Accrued Base Salary and Accrued Annual Bonus and Executive shall not be entitled to receive any severance payment.