Termination with Cause or Resignation. Upon termination of Executive's employment by the Company for Cause or a voluntary resignation by Executive (other than for Good Reason pursuant to paragraph 5(c) above) during the Term, the Company will remain obligated to pay Executive only the unpaid portion of his Base Salary and benefits to the extent accrued through the effective date of termination. Any amount due under this subparagraph will be payable within 30 days after the date of termination. In addition to whatever other rights or remedies the Company may have at law or in equity, all stock options held by Executive, whether vested or unvested as of the date of termination, shall immediately expire on the date of termination and all unvested stock-based grants shall immediately expire.
Termination with Cause or Resignation. Upon termination of Executive's employment by the Trust pursuant to paragraph 5b above or a voluntary resignation by Executive (other than for Good Reason pursuant to paragraph 5c above, the Trust will remain obligated to pay Executive only the unpaid portion of his Base Salary and benefits to the extent accrued through the effective date of termination. Any amount due under this subparagraph will be payable within 30 days after the date of termination.
Termination with Cause or Resignation. If, during the Transition Period, your employment with the Company is terminated with Cause, or you resign from your employment with the Company, then you will not be eligible for any severance benefits (except for any benefits you may be eligible to receive under the Company's Change of Control, Sr. Management Severance/Equity Acceleration Plan (the "Change of Control Plan"), under the circumstances and conditions described therein), including the Retention Bonus, Severance, or Consultancy.
Termination with Cause or Resignation. If at any time your employment with the Company is terminated with Cause, or you resign from your employment Xxxx Xxxxxxxxx with the Company, then you will not be eligible for any severance benefits, including those set forth herein, with the exception of any severance benefits that you may be eligible to receive under your Officer Agreement.
Termination with Cause or Resignation. In the event the EMPLOYEE is terminated with Cause or Resigns, the EMPLOYEE will not receive severance pay or other benefits described in paragraph 5 above. EMPLOYEE will, however, be entitled to receive all accrued benefits, vacation time, and other benefits routinely available under the Village’s Personnel Manual. Accumulated sick time is specifically excluded. In addition thereto, EMPLOYEE shall further receive all COBRA insurance continuation rights and other benefits provided for by state or federal law.
Termination with Cause or Resignation. If, during the Second Transition Period, your employment with the Company is terminated with Cause, or you resign from your employment with the Company (unless for Good Reason or upon Constructive Termination after a Change in Control), then you will not be eligible for the accelerated vesting of the Restricted Shares and the New Option.
Termination with Cause or Resignation. Upon termination of Executive's employment by the Trust pursuant to paragraph 5(b) above or a voluntary resignation by Executive (other than for Good Reason pursuant to paragraph 5(c) above), the Trust will remain obligated to pay Executive only the unpaid portion of his Base Salary, bonus and benefits
Termination with Cause or Resignation. If, during the Transition Period, your employment with the Company is terminated with Cause, or you resign from your employment with the Company (unless for Good Reason or upon Constructive Termination after a Xxxxx Xxxxxxxx Page 3 Change in Control), then you will not be eligible for any severance benefits, including the Retention Bonus, Severance, Accelerated Vesting, or Consultancy.
Termination with Cause or Resignation. Upon termination of Executive's employment by the Company pursuant to paragraph 5(b) above or a voluntary resignation by Executive (other than for Good Reason pursuant to paragraph 5(c) above), the Company will
Termination with Cause or Resignation. Upon termination of Executive's employment by the Company for Cause or by Executive's voluntary resignation in breach of this Agreement, the Company will remain obligated to pay Executive only the unpaid portion of his bonus and benefits (including the value of any untaken vacation time to the extent Executive has, during the year in which such termination occurs, taken less vacation time than permitted to him hereunder), to the extent accrued through the effective date of termination. Any amount due under this subparagraph will be payable within 30 days after the date of termination, unless a later date has been selected by Executive.
