Common use of Termination for Cause or Voluntary Termination Without Good Reason Clause in Contracts

Termination for Cause or Voluntary Termination Without Good Reason. The Employer may in its sole discretion terminate this Agreement and Employee's employment with Employer for Cause (as defined in Section 7(e) below) at any time and with or without advance notice to Employee. If Employee's employment is terminated for Cause, or if Employee Voluntarily Terminates (as defined below) his employment with Employer without Good Reason (as defined below), Employer shall promptly pay to Employee all amounts of Base Salary accrued pursuant to Section 4 above through the date of termination (but not Bonus Compensation), whereupon Employer shall have no further obligations to Employee under this Agreement. Employee and his dependents shall also be entitled to any continuation health insurance coverage rights, if any, under applicable law. If Employee Voluntarily Terminates without Good Reason and provide at least 6 months prior written notice, Employee is entitled to receive, in one lump sum, an amount equal to employee's annual Base Salary at the end of the six-month notice period (in addition to his Base Salary and Bonus Compensation during the six-month notice period). If Employee Voluntarily Terminates without Good Reason but gives less than 6 months written notice, then Employee will be entitled to no further payments of Base Salary or Bonus Compensation from and after the date of the transmission of the written notice.

Termination for Cause or Voluntary Termination Without Good Reason. The Employer may in its sole discretion terminate this Agreement and Employee's employment with Employer for Cause (as defined in Section 7(e) below) at any time and with or without advance notice to Employee. If Employee's employment is terminated for Cause, or if Employee Voluntarily Terminates (as defined below) his employment with Employer without Good Reason (as defined below), Employer shall promptly pay to Employee all amounts of Base Salary accrued pursuant to Section 4 above through the date of termination (but not Bonus Compensation), whereupon Employer shall have no further obligations to Employee under this Agreement. Employee and his dependents shall also be entitled to any continuation health insurance coverage rights, if any, under applicable law. If Employee Voluntarily Terminates without Good Reason and provide provides at least 6 months prior written notice, Employee is entitled to receive, in one lump sum, an amount equal to employee's annual Base Salary at the end of the six-month notice period (in addition to his Base Salary and Bonus Compensation during the six-month notice period). If Employee Voluntarily Terminates without Good Reason but gives less than 6 months written notice, then Employee will be entitled to no further payments of other than Base Salary or Bonus Compensation from and after earned through the date of the transmission of the written noticetermination.

Termination for Cause or Voluntary Termination Without Good Reason. The Employer Company may in its sole discretion terminate this Agreement and EmployeeExecutive's employment with Employer the Company for Cause (as defined in Section 7(e) below) at any time and with or without advance notice to EmployeeExecutive. If EmployeeExecutive's employment is terminated for Cause, or if Employee Executive Voluntarily Terminates (as defined below) his employment with Employer the Company without Good Reason (as defined below), Employer the Company shall promptly pay to Employee Executive all amounts of Base Salary accrued pursuant to Section 4 above through the date of termination (but not Bonus Compensation), whereupon Employer the Company shall have no further obligations to Employee Executive under this Agreement. Employee Executive and his dependents shall also be entitled to any continuation health insurance coverage rights, if any, under applicable law. If Employee Executive Voluntarily Terminates without Good Reason and provide provides at least 6 6-months prior written notice, Employee Executive is entitled to receive, in one lump sum, an amount (the “Voluntary Termination with Notice Amount”) equal to employee's Executive’s annual Base Salary at the end of the six-month notice period (period. This Voluntary Termination with Notice Amount shall be in addition to his the Base Salary and Bonus Compensation during the six-month notice period). If Employee Executive Voluntarily Terminates without Good Reason but gives less than 6 months written notice, then Employee Executive will be entitled to no further payments of other than Base Salary or Bonus Compensation from and earned through the date of termination. The Voluntary Termination with Notice Amount shall be made as soon as practicable following the effective date of Executive’s termination (but in no event later than the fifteenth day of the third month after the date of termination), unless the transmission of the written notice.Company reasonably determines that Code

Termination for Cause or Voluntary Termination Without Good Reason. The Employer may in its sole discretion terminate this Agreement and Employee's employment with Employer for Cause (as defined in Section 7(e6(e) below) at any time and with or without advance notice to Employee. If Employee's employment is terminated for Cause, or if Employee Voluntarily Terminates (as defined below) his employment with Employer without Good Reason (as defined below), Employer shall promptly pay to Employee all amounts of Base Salary accrued pursuant to Section 4 above through the date of termination (but not Bonus Compensation)termination, whereupon Employer shall have no further obligations to Employee under Section 4 of this Agreement, except as set forth in Section 4(e). Employee and his dependents shall also be entitled to any continuation health insurance coverage rights, if any, under applicable law. If Employee Voluntarily Terminates without Good Reason and provide provides at least 6 months prior written notice, Employee is entitled to receive, in one lump sum, an amount equal to employeeEmployee's annual Base Salary at the end of the six-month notice period (in addition to his Base Salary and Bonus Compensation during the six-month notice period). If Employee Voluntarily Terminates without Good Reason but gives provides less than 6 months written notice, then Employee will be entitled to no further payments of Base Salary or Bonus Compensation from and after the effective date of the transmission of the written noticetermination.