Termination For Cause Other. Than Nonpayment
Termination For Cause Other. If prior to the Vesting Date and provided there has been no event of Early Termination, then in the event (a) the Board decides to replace Arpey as the Corporation’s CEO for reasons of Cause or (b) Arpey resigns as CEO for reasons other than Good Reason, each Award made prior to such replacement or resignation will be forfeited in its entirety and this Agreement will terminate immediately.
Termination For Cause Other. 11.3.1. Either Party may terminate this Addendum for cause (without opportunity for cure) by delivering a written termination notice to the other Party if (i) the other Party is subject to a Change in Control in favor of a direct competitor of the terminating Party (if a public company, as listed in the other Party’s then-most recent 10-K filing) or (ii) if the other party becomes the subject of a petition in bankruptcy or any other proceeding relating to insolvency, receivership, liquidation or assignment for the benefit of creditors.
Termination For Cause Other
