Common use of Termination Other than for Cause or Voluntary Termination Clause in Contracts

Termination Other than for Cause or Voluntary Termination. If the Employee's employment is terminated before the end of the Contract Term other than (i) in a Voluntary Termination by the Employee, (ii) for Cause by the Company, any parent or subsidiary of the Company or any successor to the Company or any parent or subsidiary of the Company, (iii) by reason of death, or (iv) by reason of disability, as defined in the Company's disability insurance policy, the Agreement shall terminate without further obligations to the Employee, except that (A) the Employee shall be entitled to the health and medical benefits referenced in Section 5.4 for the six month period following such termination, (B) the Company shall pay the Employee any Accrued Obligations, (C) the Employee shall become fully vested in his Company stock options granted under this Agreement or otherwise, and (D) the Company shall pay to the Employee the annual salary in effect as of such termination in accordance with normal payroll practices of the Company for six months; provided, however, that if such termination of the Employee occurs on or after a sale of all of the stock of the Company or a sale of all or substantially all of the Company's assets, the Employee shall receive on the date of such termination a lump sum payment equal to two times the Employee's annual salary in effect as of such termination instead of the six months of salary referenced in subparagraph (D) of this Section.