Common use of Termination Under Other Circumstances Clause in Contracts

Termination Under Other Circumstances. In the event of Executive's termination for Cause, or any resignation by Executive that does not constitute a Termination Upon a Change of Control or a Termination in Absence of Change of Control, the Company's sole financial obligations to Executive shall be to pay to Executive all salary and accrued vacation (less applicable withholding) earned through the effective date of Executive's termination or resignation, to honor Executive's vested options and restricted stock (if any), and to provide the benefits, if any, under the Company's benefit plans to which Executive may be entitled pursuant to the terms of such plans. In the event of a termination of Executive's employment (1) by the Company as a result of the Disability of Executive or (2) as a result of the death of Executive, Executive (or Executive's estate) shall be entitled to the benefits of Section 3.

Appears in 4 contracts

Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Homestore Inc)

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Termination Under Other Circumstances. In the event of Executive's ------------------------------------- termination for Cause, or any resignation by Executive that does not constitute a Termination Upon a Change of Control or a Termination in Absence of Change of Control, the Company's sole financial obligations to Executive shall be to pay to Executive all salary and accrued vacation (less applicable withholding) earned through the effective date of Executive's termination or resignation, to honor Executive's vested options and restricted stock (if any), and to provide the benefits, if any, under the Company's benefit plans to which Executive may be entitled pursuant to the terms of such plans. In the event of a termination of Executive's employment (1) by the Company as a result of the Disability of Executive or (2) as a result of the death of Executive, Executive (or Executive's estate) shall be entitled to the benefits of Section 3.

Appears in 3 contracts

Samples: Retention and Severance Agreement (Homestore Com Inc), Retention and Severance Agreement (Homestore Com Inc), Retention and Severance Agreement (Homestore Com Inc)

Termination Under Other Circumstances. In the event of Executive's ’s termination for Cause, or any resignation by Executive that does not constitute a Termination Upon a Change of Control or a Termination in Absence of Change of Control, the Company's ’s sole financial obligations to Executive shall be to pay to Executive all salary and accrued vacation (less applicable withholding) earned through the effective date of Executive's ’s termination or resignation, to honor Executive's ’s vested options and restricted stock (if any), and to provide the benefits, if any, under the Company's ’s benefit plans to which Executive may be entitled pursuant to the terms of such plans. In the event of a termination of Executive's ’s employment (1) by the Company as a result of the Disability of Executive or (2) as a result of the death of Executive, Executive (or Executive's ’s estate) shall be entitled to the benefits of Section 3.

Appears in 3 contracts

Samples: Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc), Retention and Severance Agreement (Move Inc)

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Termination Under Other Circumstances. In the event of Executive's ’s termination for Cause, or any resignation by Executive that does not constitute a Termination Upon a Change of Control or a Termination in Absence of Change of Control, the Company's ’s sole financial obligations to Executive shall be to pay to Executive all salary and accrued vacation (less applicable withholding) earned through the effective date of Executive's ’s termination or resignation, to honor Executive's ’s vested options and restricted stock (if any)options, and to provide the benefits, if any, under the Company's ’s benefit plans to which Executive may be entitled pursuant to the terms of such plans. In the event of a termination of Executive's ’s employment (1) by the Company as a result of the Disability of Executive or (2) as a result of the death of Executive, Executive (or Executive's ’s estate) shall be entitled to the benefits of Section 3.

Appears in 1 contract

Samples: Retention and Severance Agreement (Move Inc)

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