Common use of Termination for Cause; Resignation Clause in Contracts

Termination for Cause; Resignation. If you cease to be an employee for any reason other than as set forth in Section 10.2(b), then the Company shall have no obligation to make any payments to you for periods after the Date of Termination, your unvested stock options shall terminate, and your vested options must be exercised, if at all, within the time periods after the Date of Termination specified in your stock option agreement(s).

Appears in 3 contracts

Samples: Memorandum of Understanding (Catellus Development Corp), Memorandum of Understanding (Catellus Subco Inc), Memorandum of Understanding (Catellus Development Corp)

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Termination for Cause; Resignation. If you cease to be an employee for any reason other than as set forth in Section 10.2(b), then the Company shall have no obligation to make any payments to you for periods after the Date of Termination, your unvested stock options options, shares of restricted stock, restricted stock units, performance units and other equity awards shall terminate, and your vested options must be exercised, if at all, within the time periods after the Date of Termination specified in your stock option agreement(s)award agreements.

Appears in 2 contracts

Samples: Memorandum of Understanding (Catellus Development Corp), Memorandum of Understanding (Catellus Development Corp)

Termination for Cause; Resignation. If you cease to be an ---------------------------------- employee for any reason other than as set forth in Section 10.2(b), then the Company shall have no obligation to make any payments to you for periods after the Date of Termination, your unvested stock options shall terminate, and your vested options must be exercised, if at all, within the time periods after the Date of Termination specified in your stock option agreement(s).

Appears in 2 contracts

Samples: Memorandum of Understanding (Catellus Development Corp), Memorandum of Understanding (Catellus Development Corp)

Termination for Cause; Resignation. If you cease to be an employee ---------------------------------- for any reason other than as set forth in Section 10.2(b), then the Company shall have no obligation to make any payments to you for periods after the Date of Termination, your unvested stock options shall terminate, and your vested options must be exercised, if at all, within the time periods after the Date of Termination specified in your stock option agreement(s).

Appears in 1 contract

Samples: Memorandum of Understanding (Catellus Development Corp)

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Termination for Cause; Resignation. If you cease to be an employee for any reason other than as set forth in Section 10.2(b10.2 (b), then the Company shall have no obligation to make any payments to you for periods after the Date of Termination, your unvested stock options options, shares of restricted stock, restricted stock units, performance units and any other equity awards shall terminate, terminate and your vested options must be exercised, exercised if at all, within the time periods after the Date of Termination specified in your stock option agreement(s)award agreements.

Appears in 1 contract

Samples: Memorandum of Understanding (Catellus Development Corp)

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