Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, shall immediately expire effective the date of termination of employment. (ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month after the termination of employment. (iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment. (iv) If the Executive’s employment is terminated (A) in connection with a Change of Control, as defined below, (B) by the Company without Cause or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
Appears in 6 contracts
Samples: Employment Agreement (Ethanex Energy, Inc.), Employment Agreement (Ethanex Energy, Inc.), Employment Agreement (Alternative Energy Sources Inc)
Termination of Service; Accelerated Vesting. (i) If the Executive’s 's employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, shall immediately expire effective the date of termination of employment.
(ii) If the Executive’s 's employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month after the termination of employment.
(iii) If the Executive’s 's employment terminates on account of death or Disability, as defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If In the event of a Change of Control (as defined below) or in the event the Executive’s 's employment is terminated (A) in connection with a Change of Control, as defined below, (B) by the Company without Cause or (CB) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
Appears in 3 contracts
Samples: Employment Agreement (High Tide Ventures, Inc.), Employment Agreement (High Tide Ventures, Inc.), Employment Agreement (High Tide Ventures, Inc.)
Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, shall immediately expire effective the date of termination of employment.
(ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month after the termination of employment.
(iii) If Except as set forth in Section 9(d)(iv), if the Executive’s employment terminates on account of is terminated (i) by the Company without Cause, as defined below; (ii) by the Executive for Good Reason, as defined below; or (iii) upon death or Disability, as defined below, all unvested Awards shall immediately expire effective and the date of termination of employment. Vested vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If the Executive’s employment is terminated (A) in connection with a Change of Control, as defined below, (B) by the Company without Cause or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
(iv) If the Executive’s employment is terminated as a result of a circumstance contemplated in Section 11(e)(i)(C), all unvested Awards shall immediately vest and become exercisable effective on the date of termination of employment, and to the extent unexercised, shall expire one year after any such event.
Appears in 3 contracts
Samples: Employment Agreement (GoFish Corp.), Employment Agreement (Betawave Corp.), Employment Agreement (GoFish Corp.)
Termination of Service; Accelerated Vesting. (i) If the Executive’s 's employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, shall immediately expire effective the date of termination of employment.
(ii) If the Executive’s 's employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month after the termination of employment.
(iii) If the Executive’s 's employment terminates on account of death or Disability, as defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If the Executive’s 's employment is terminated (A) in connection with a Change of Control, as defined below, (B) by the Company without Cause or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
Appears in 3 contracts
Samples: Employment Agreement (Alternative Energy Sources Inc), Employment Agreement (Alternative Energy Sources Inc), Employment Agreement (Alternative Energy Sources Inc)
Termination of Service; Accelerated Vesting. (i) If the Executive’s 's employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, shall immediately expire effective the date of termination of employment.
(ii) If the Executive’s 's employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month after the termination of employment.
(iii) If the Executive’s 's employment terminates on account of death or Disability, as defined below, or on account of Executive's inability to obtain an H-1B Visa as provided by Section 12(c) below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If the Executive’s 's employment is terminated (A) in connection with a Change of Control, as defined below, . or (B) by the Company without Cause or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
Appears in 1 contract
Samples: Employment Agreement (Alternative Energy Sources Inc)
Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire 120 days after termination of employment.
(ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month 120 days after the termination of employment.
(iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If the Executive’s employment is terminated (A) in connection with a Change of Control, as defined belowControl (or following a Change of Control event), (B) by the Company without Cause Cause, or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, and to the extent unexercised, shall expire one year after any such event.
Appears in 1 contract
Samples: Employment Agreement (GoFish Corp.)
Termination of Service; Accelerated Vesting. (i) If the Executive’s employment is terminated for Cause, as such term is defined below, all Awards, whether or not vested, unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire 120 days after termination of the employment.
(ii) If the Executive’s employment is terminated voluntarily by the Executive without Good Reason, as such term is defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one month 120 days after the termination of employment.
(iii) If the Executive’s employment terminates on account of death or Disability, as defined below, all unvested Awards shall immediately expire effective the date of termination of employment. Vested Awards, to the extent unexercised, shall expire one year after the termination of employment.
(iv) If the Executive’s employment is terminated (A) in connection with a Change of Control, as defined belowControl (or following a Change of Control event), (B) by the Company without Cause or (C) by the Executive for Good Reason, all unvested Awards shall immediately vest and become exercisable effective the date of termination of employment, and, to the extent unexercised, shall expire one year after any such event.
Appears in 1 contract
Samples: Employment Agreement (GoFish Corp.)