Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” for purposes of this Section 12(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 3 contracts
Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)
Termination for Just Cause. In the event the Executive Employee is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive Employee of written notice of such termination (the “date of termination” for purposes of this Section 12(cparagraph 10(c)), except that the Company shall pay Executive Employee any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock and/or other equity securities shall cease on the date of termination.
Appears in 2 contracts
Samples: Employment Agreement (Allos Therapeutics Inc), Employment Agreement (Allos Therapeutics Inc)
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” for purposes of this Section 12(cparagraph 10(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined in paragraph 10(a) below), the Company’s 's obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “"date of termination” " for purposes of this Section 12(cparagraph 9(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” for purposes of this Section 12(cparagraph 10(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” for purposes of this Section 12(cparagraph 10(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted and/or other stock awards shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” for purposes of this Section 12(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s 's obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “date of termination” "DATE OF TERMINATION" for purposes of this Section 12(cparagraph 10(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation personal time and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract
Termination for Just Cause. In the event the Executive is terminated by the Company for Just Cause (as defined below), the Company’s 's obligation to make payments hereunder shall cease upon the date of receipt by Executive of written notice of such termination (the “"date of termination” " for purposes of this Section 12(cparagraph 9(c)), except that the Company shall pay Executive any salary earned but unpaid prior to termination, all accrued but unused vacation personal time and any business expenses that were incurred but not reimbursed as of the date of termination. Vesting of any unvested stock options or restricted stock shall cease on the date of termination.
Appears in 1 contract