Termination upon Expiration of the Term. This Agreement and the Executive’s employment by the Company shall terminate upon the expiration of the Term.
Termination upon Expiration of the Term. If this Agreement and Executive’s employment with Employer terminate as a result of the expiration of the Term, Employer shall be obligated to pay to Executive only the Accrued Obligations and shall have no further obligations to Executive.
Termination upon Expiration of the Term. (a) Executive's employment shall terminate upon the expiration of the Term. Upon such termination, Executive shall be entitled to receive, and his sole remedies under this Agreement shall be:
(i) any earned and unpaid Salary accrued through the date of termination, payable in a lump sum not later than 15 days following Executive's termination of employment;
(ii) compensation for any unused vacation days accrued in the fiscal year in which termination occurs through the date of termination, payable as in clause (i) of this Section 7(a);
(iii) any unpaid benefits accrued through the date of termination that may be due Executive under any employee benefit plans or programs of the Company, payable in accordance with the terms of such plans or programs, together with any documented, unreimbursed business expenses, payable in accordance with Company policies; and
(iv) provided that the Release in Exhibit I becomes fully effective and nonrevocable by its terms, any stock options, grants of Common Stock, restricted share grants or other benefits under any of the Company's compensation plans that were vested as of 5:00 PM on the date immediately prior to the date of termination, which may be exercised (in the case of options) or delivered (in the case of restricted stock) in accordance with the terms of such plans and any applicable plan agreements with Executive.
Termination upon Expiration of the Term. If the Executive’s employment terminates as a result of the expiration of the Term of this Agreement, the Executive shall be entitled to the following:
(i) Base Compensation accrued through the date of termination, based on the number of days in such year that had elapsed as of the termination date;
(ii) any accrued but unpaid PTO through the date of termination;
(iii) any bonuses earned but unpaid with respect to fiscal years or other completed bonus periods preceding the termination date;
(iv) any nonforfeitable benefits payable to the Executive under the terms of any deferred compensation, incentive or other benefit plans maintained by the Corporation, payable in accordance with the terms of the applicable plan; and
(v) any expenses owed to the Executive under Section 4(d). All payments required to be made pursuant to subsections (i), (ii), (iii) and (v) shall be made to the Executive within sixty (60) days following the date of such termination and within any shorter time period required by law.
Termination upon Expiration of the Term. If this Agreement and Employee’s employment with Employer terminate as a result of the expiration of the Term, Employer shall be obligated to pay to Employee only the Accrued Obligations and shall have no further obligations to Employee.
Termination upon Expiration of the Term. (i) If the Executive’s employment is terminated for any reason after receiving notice from the Company that it will not be renewing the Term in accordance with Section 2, or upon expiration of the Term without this Agreement being renewed, then the Executive shall only be entitled to:
(1) the payments set forth in Sections 5(a)(1)-(5);
(2) accelerated full vesting of unvested equity awards that were granted as Acquisition Shares (as defined under the Company’s Alignment of Interest Program) to the Executive pursuant to, and in exchange for his participation under, the Company’s Alignment of Interest Program; and
(3) accelerated vesting of a pro rata portion of unvested equity awards that were granted as Award Shares (as defined under the Company’s Alignment of Interest Program) to the Executive pursuant to, and in exchange for his participation under, the Company’s Alignment of Interest Program, as determined by multiplying the number of unvested Award Shares by a fraction, the numerator of which is the total number of days that the Executive was employed by the Company between the grant date and the Executive’s termination date and the denominator of which is the total number of days in the applicable vesting period for each such award.
(ii) If the Executive’s employment is terminated for any reason after receiving notice from the Executive that he will not be renewing the Term in accordance with Section 2, then the Executive shall only be entitled to the payments set forth in Sections 5(c)(i)(1)-(2).
Termination upon Expiration of the Term. Upon the expiration of the then existing Term, the Company shall have no further obligations to Executive under this Agreement and any continuation of Executive’s employment shall be “at will”.
Termination upon Expiration of the Term. If the Executive’s employment terminates as a result of the expiration of the Term of this Agreement, the Executive shall be entitled to the following:
(i) Base Compensation accrued through the date of termination;
(ii) any accrued but unpaid vacation pay through the date of termination;
(iii) any bonuses earned but unpaid with respect to fiscal years or other completed periods preceding the termination date; and
(iv) any nonforfeitable benefits payable to the Executive under the terms of any deferred compensation, incentive or other benefit plans maintained by the Corporation, payable in accordance with the terms of the applicable plan. All cash payments required to be paid pursuant to this Section shall be made to the Executive within sixty (60) days following the date of such termination and shall be in the form of a bank cashier’s check.
Termination upon Expiration of the Term. If (I) the Executive’s employment terminates as a result of the expiration of the Term of this Agreement and (II) the Corporation elects not to extend this Agreement while the Executive wishes to extend this Agreement, the Executive shall be entitled to the following:
(i) Base Compensation accrued through the date of termination, based on the number of days in such year that had elapsed as of the termination date;
(ii) any accrued but unpaid PTO through the date of termination;
(iii) any bonuses earned but unpaid with respect to fiscal years or other completed bonus periods preceding the termination date;
(iv) any nonforfeitable benefits payable to the Executive under the terms of any deferred compensation, incentive or other benefit plans maintained by the Corporation, payable in accordance with the terms of the applicable plan;
(v) any expenses owed to the Executive under Sections 4(d), or 4(e);
(vi) any pro-rated portion of the annual bonus that the Executive would have earned based on the performance goals or criteria for the year in which the termination occurs (if he had remained employed for the entire year), based on the number of days in such year that had elapsed as of the termination date, payable at the time that the Corporation pays bonuses to its executive officers for such year;
(vii) all of Executive’s outstanding stock options, restricted stock or other equity awards with time-based vesting shall become fully vested and, in the case of stock options, exercisable in full, and the Executive shall have the right to exercise such stock options during a period of ninety (90) days following the termination of employment;
(viii) the treatment of all of Executive’s outstanding stock options, restricted stock, restricted stock units or other equity awards with performance-based vesting shall be determined in accordance with the long-term incentive plan, and any other plans, pursuant to which such awards were granted and the applicable award agreement;
(ix) continued coverage under any group health plan maintained by the Corporation in which the Executive participated at the time of his termination for the period during which the Executive elects to receive continuation coverage under Section 4980B of the Code at an after-tax cost to the Executive comparable to the cost that the Executive would have incurred for the same coverage had he remained employed during such period; and
(x) a series of semi-monthly severance payments for the Severance Period...
Termination upon Expiration of the Term. If the Executive’s employment terminates as a result of the expiration of the term of this Agreement, the Executive shall be entitled to the following:
(i) base salary accrued through the date of termination;
(ii) any accrued but unpaid vacation pay through the date of termination;
(iii) any bonuses earned but unpaid with respect to fiscal years or other completed periods preceding the termination date;
(iv) any nonforfeitable benefits payable to the Executive under the terms of any deferred compensation, incentive or other benefit plans maintained by the Corporation, payable in accordance with the terms of the applicable plan; and
