Common use of Termination for Cause or Resignation Other than Due to An Involuntary Termination Clause in Contracts

Termination for Cause or Resignation Other than Due to An Involuntary Termination. This Agreement may be terminated at any time by the Company with Cause or by the Executive for any reason other than due to an Involuntary Termination by written notice of termination to the other party setting forth the effective termination date. In the case of resignation without Involuntary Termination, Executive shall provide a 30-day notice to the Company. In the case of termination by the Company for Cause, the notice of termination shall set forth a reasonably detailed explanation of the basis on which the Company claims Cause for the termination. In the event that (i) Executive’s employment is terminated by the Company at any time for Cause or (ii) Executive terminates his employment at any time for any reason other than an Involuntary Termination, then, in any such case, upon the termination of Executive’s employment, the Executive shall be entitled to receive from the Company all Accrued Obligations. Executive shall not be entitled to receive any other payments or benefits by or from the Company except as otherwise required pursuant to COBRA and the terms of any Company employee benefit plan, including, without limitation, any Company equity incentive plan.

Termination for Cause or Resignation Other than Due to An Involuntary Termination. This Agreement may be terminated at any time by the Company with Cause or by the Executive for any reason other than due to an Involuntary Termination by written notice of termination to the other party setting forth the effective termination date. In the case of resignation without Involuntary Termination, Executive shall provide a 30-day notice to the Company. In the case of termination by the Company for Cause, the notice of termination shall set forth a reasonably detailed explanation of the basis on which the Company claims Cause for the termination. In the event that (i) Executive’s employment is terminated by the Company at any time for Cause or (ii) Executive terminates his employment at any time for any reason other than an Involuntary Termination, then, in any such case, upon the termination of Executive’s employment, the Executive shall be entitled to receive from the Company all Accrued Obligations. Executive shall not be entitled to receive any other payments or benefits by or from the Company except as otherwise required pursuant to COBRA and the terms of any Company employee benefit plan, including, without limitation, any Company equity incentive plan.Accrued