Common use of Termination for Cause; Voluntary Resignation Clause in Contracts

Termination for Cause; Voluntary Resignation. If Executive’s service with the Company is terminated by the Company for Cause or by Executive for any or no reason other than due to death, Disability or as a Covered Termination, then Executive shall only be entitled to any accrued but unpaid salary, bonus, vacation and expense reimbursement in accordance with applicable law.

Appears in 5 contracts

Samples: Change of Control Severance Agreement (Codexis, Inc.), Change of Control Severance Agreement (Codexis, Inc.), Change of Control Severance Agreement (Codexis, Inc.)

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Termination for Cause; Voluntary Resignation. If Executive’s service with In the event the Company is terminated by the Company terminates Executive's employment for Cause Cause, or by If Executive for any or no reason voluntarily resigns other than due to death, Disability or as a Covered Terminationfor Good Reason, then Executive shall only be entitled only to any accrued but unpaid salary, bonus, vacation payment of all amounts earned or owed to Executive and expense reimbursement in accordance with applicable lawall vesting of equity compensation through and including the date of such termination or resignation.

Appears in 1 contract

Samples: Employment Agreement (Micro Linear Corp /Ca/)

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