Common use of Termination of Your Employment by the Company With Cause or by You Without Good Reason Clause in Contracts

Termination of Your Employment by the Company With Cause or by You Without Good Reason. The Company may terminate your employment with Cause or you may resign at any time. In such case, you shall be paid all amounts due for services rendered under this Agreement up until the termination date. Thereafter, no further payments shall be made to you under this Agreement. All stock options granted to you hereunder or under any other agreement that are fully vested as of the date of your termination shall remain exercisable for ninety (90) days from the termination date. If you dispute the grounds for your termination, your vested options will remain exercisable until ninety (90) day after the date the dispute is resolved. All unvested options shall be forfeited.

Appears in 6 contracts

Samples: Acorda Therapeutics Inc, Acorda Therapeutics Inc, Acorda Therapeutics Inc

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Termination of Your Employment by the Company With Cause or by You Without Good Reason. The Company may terminate your employment with Cause or you may resign at any time. In such case, you shall be paid all amounts due for services rendered under this Agreement up until the termination date. Thereafter, no further payments shall be made to you under this Agreement. All stock options Options granted to you hereunder or under any other agreement that are fully vested as of the date of your termination shall remain exercisable for ninety (90) days from the termination date. If you dispute the grounds for your termination, your vested options Options will remain exercisable until ninety (90) day after the date the dispute is resolved. All unvested options Options, SARs and Stock Awards shall be forfeited.

Appears in 3 contracts

Samples: Employment Agreement (Acorda Therapeutics Inc), Employment Agreement (Acorda Therapeutics Inc), Employment Agreement (Acorda Therapeutics Inc)

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Termination of Your Employment by the Company With Cause or by You Without Good Reason. The Company may terminate your employment with Cause or you may resign at any time. In such case, you shall be paid all amounts due for services rendered under this Agreement up until the termination date. Thereafter, no further payments shall be made to you under this Agreement. , All stock options Options granted to you hereunder or under any other agreement that are fully vested as of the date of your termination shall remain exercisable for ninety (90) days from the termination date. If you dispute the grounds for your termination, your vested options Options will remain exercisable until ninety (90) day after the date the dispute is resolved. All unvested options Options, SARs and Stock Awards shall be forfeited.

Appears in 1 contract

Samples: Employment Agreement (Acorda Therapeutics Inc)

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