Termination of Employment other than for Cause. (a) If the employment of the Participant shall terminate for any reason other than Cause, this Option, to the extent (if any) it is not yet exercisable, shall terminate immediately and be forfeited to the Company; provided, however, that if the employment of the Participant shall terminate by reason of death, Disability or Normal Retirement (as defined below) and provided further that this Option has been held by the Participant for at least six (6) months from the date of grant at the time of such termination, this Option, to the extent it is not yet exercisable, shall immediately vest and remain exercisable until the earlier to occur of one (1) year from the date of termination or the scheduled expiration date of this Option; and provided further that the Committee, in its sole discretion, shall have the right to immediately vest, upon any other termination without Cause, all or any portion of this Option, subject to such terms as the Committee, in its sole discretion, deems appropriate, provided that the maximum exercise period which may be permitted upon any such acceleration of vesting shall be the shorter of one year or the scheduled expiration date of this Option.
Termination of Employment other than for Cause. In the event that the employment relationship of Participant with the Company is or was terminated for any reason, whether voluntarily or involuntarily, other than by the Company for “Cause”:
Termination of Employment other than for Cause. If Optionee's employment shall terminate for any reason, voluntary or involuntary, other than for Cause, the Optionee may at any time within three months after such termination exercise the Option to the extent the Option was exercisable by the Optionee on the date of the termination of his employment.
Termination of Employment other than for Cause. If Executive’s employment with the Company and its Subsidiaries is terminated for any reason other than by the Company or any of its Subsidiaries for Cause, the purchase price per Share will be Fair Market Value (measured as of the purchase date).
Termination of Employment other than for Cause. (and not subject to Section 4(c)). In the event of Employee’s Termination of Employment (other than a Termination not for Cause following a Change in Control or a Termination by the Company for Cause), Units not previously vested shall not then be forfeited provided that Employee executes a separation agreement and release in such form as may be requested by the Company within 21 days (or such longer period as may be required by law) (and provided further that any period of revocation required by law has expired without Employee exercising his right to revoke his agreement to the separation agreement and release), but thereafter all unvested Units shall be forfeited if there occurs a Forfeiture Event prior to the Settlement Date which would have applied in the absence of such Termination of Employment. Upon such a Termination of Employment, the then-outstanding Units that are vested at the date of Termination (if not already settled) and that become vested thereafter will be settled in accordance with the settlement terms set out on the Cover Page, giving effect to any valid deferral election of Employee then in effect. A “Forfeiture Event” shall be deemed to occur if, following Employee’s Termination of Employment other than a Termination by the Company for Cause, Employee renders services for any organization or engages (either as owner, investor, partner, stockholder, employer, employee, consultant, advisor, or director) directly or indirectly, in any business which is or becomes competitive with the Company, its subsidiaries or affiliates, or otherwise engaged in conduct violating Section 7.4(a), 7.4(b) or 7.4(c) of the Plan. However, following Employee’s Termination of Employment other than a Termination by the Company for Cause, Employee shall be free to purchase stock or other securities of an organization or business so long as it is listed upon a recognized securities exchange or traded over-the-counter and such investment does not represent a greater than five percent equity interest in the organization or business. If Employee does not sign a separation agreement and release within the time period requested by the Company (or signs and then timely revokes his agreement to the separation agreement and release), all Units which are not vested at the date of Termination will be forfeited.
Termination of Employment other than for Cause. Upon the Grantee's ------------------------------------------------ Termination of Employment by the Company or one of its Affiliates or Subsidiaries other than for Cause, subject to the Grantee's continued compliance with Section 11 below and the execution and non-revocation of a general release in the Company's favor, each unvested installment of RSUs held by the Grantee shall vest upon the earlier to occur of (i) the date such installment would have otherwise vested or (ii) the first anniversary of the Grantee's Termination of Employment.
Termination of Employment other than for Cause. In the event that (i) Employee's employment relationship with the Company is terminated by the Company other than for cause, (ii) Employee voluntarily terminates his employment relationship with the Company within one hundred eighty (180) days of the commencement of employment of a Chief Executive Officer not previously approved by Employee in writing or by affirmative vote as a member of the Company's Board of Directors, (iii) Employee voluntarily terminates his employment relationship with the Company within thirty (30) days of a change in Employee's main place of employment to a location more than forty (40) miles from Employee's current residence without his consent, or (iv) Employee voluntarily terminates his employment relationship with the Company within 60 days of a failure by the Company to comply with any material provision of this Agreement which has not been cured within thirty (30) days of written notice thereof by Employee to the Board of Directors, Employee shall be entitled to severance payments equal to twelve (12) months of Employee's then-current base salary (payable during such 12 month period on the Company's normal payroll dates) and shall be entitled to receive continued benefits under the Company's benefit plans of general application (other than further accrual of vacation time, which shall cease upon termination of the employment relationship) during such 12-month period, and Employee agrees in exchange for such severance payments and benefits continuation to execute a release in reasonable form provided by the Company releasing each party and its affiliates or related parties from all claims, known and unknown, which such party may have against the other party or its affiliates or related parties other than as related to the payment of such severance, the provision of such benefits or the continued operation of the applicable provisions of agreements relating to confidential information which the parties have previously executed.
Termination of Employment other than for Cause. Upon the termination of the Executive’s employment hereunder for Death or Disability (Paragraph 4.1) or Termination Without Cause by the Company (Paragraph 4.3) or by Executive for Good Reason (Paragraph 4.5), Executive, or his estate in the case of Executive’s death, shall have the right to receive: (i) any unpaid portion of Executive’s accrued Base Salary and prorated annual bonus as of the date of termination; (ii) payment for any accrued, but unused, vacation pay and documented unreimbursed expenses; (iii) severance equal to continuation of Executive’s then current Base Salary and all insurance benefits provided hereunder (including those benefits applicable to Executive’s family) for a one (1) year period from the date of termination; and (iv) acceleration of any unvested shares of restricted stock or options and no early expiration of exercise period due to termination of the Employment Period. Such amounts shall be in addition to any benefits Executive may receive under any insurance plan provided by the Company or from the State of California or Workers’ Compensation and the cash portions of the foregoing shall be paid in a single lump sum severance amount as soon as practicable following such termination of employment, but in no event later than thirty (30) days after the effective date after such termination of employment except for the prorated annual bonus which shall be paid within fifteen (15) days of the end of the last calendar quarter of the applicable Employment Period.
Termination of Employment other than for Cause. If Executive’s employment with Catalent terminates for any reason other than by Catalent for Cause, the purchase price per Share will be Fair Market Value (measured as of the purchase date).
Termination of Employment other than for Cause. 1.1 If your employment with VCA Antech is terminated by VCA Antech other than for “Cause” (as defined herein) or as a result of your death or Disability (as provided herein), then:
