Common use of Termination for Cause or Resignation without Good Reason Clause in Contracts

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) Executive’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares will be as set forth in the New Option Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.1 herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) Executive’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares Equity Awards will be as set forth in the New Option Equity Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and ExecutiveEmployee’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.1 herein). A resignation by Executive Employee without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and ExecutiveEmployee’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) ExecutiveEmployee’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive Employee shall be entitled to receive all Accrued Benefits Payments Owed from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares options or equity awards will be as set forth in the New Option Planapplicable plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive Employee shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and ExecutiveEmployee’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.1 herein). A resignation by Executive Employee without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and ExecutiveEmployee’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) ExecutiveEmployee’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive Employee shall be entitled to receive all Accrued Benefits Payments Owed from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares will be as set forth in the New Option Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive Employee shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 9.1 herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) Executive’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares will be as set forth in the New Option Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.1 herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: : (i) Executive’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares Equity Awards will be as set forth in the New Option Equity Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s 's employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.l herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s 's employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: : (i) Executive’s 's employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares will be as set forth in the New Option Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.

Termination for Cause or Resignation without Good Reason. (a) The Company will have the right to terminate the Employment Term and Executive’s employment with the Company at any time from his or her then-current positions for Cause (as defined in Section 11.1 10.1 herein). A resignation by Executive without Good Reason shall not be a breach of this Agreement. (b) If the Employment Term and Executive’s employment are terminated for Cause, or if he or she resigns from his or her position without Good Reason, then: (i) Executive’s employment shall be deemed terminated on the date of such termination or resignation; (ii) Executive shall be entitled to receive all Accrued Benefits from the Company within thirty (30) days following such termination; and (iii) his or her rights with respect to his or her Options and Option Shares will be as set forth in the New Option Plan. (c) Except as otherwise provided in this Agreement, and except for any vested benefits under any tax qualified pension plans of the Company and vested deferred compensation under any applicable deferred compensation plans, and continuation of health insurance benefits on the terms and to the extent required by COBRA, neither the Company nor Executive shall have any additional obligations under this Agreement.