Common use of Termination With Cause or Without Good Reason Clause in Contracts

Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, Viewpoint terminates Executive’s employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, and the unvested portion of the Option and all other options, if any, granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 2 contracts

Samples: Employment Agreement (Viewpoint Corp), Employment Agreement (Viewpoint Corp)

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Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, Viewpoint terminates Executive’s 's employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, except for a lump sum cash payment in an amount equal to his Base Salary plus any payments under applicable plans or programs, any accrued and unpaid vacation, any earned but unpaid Base Salary or bonuses and any unreimbursed business expense in accordance with Company policy, and the unvested portion of the Option and all or any other options, if any, options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp)

Termination With Cause or Without Good Reason. If, at any time during the Term of Employmentprior to June 30, 2005, Viewpoint terminates Executive’s 's employment with Cause, Cause or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this AgreementAgreement or otherwise, and the unvested portion of the Option and all other options, if any, any options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp)

Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, Viewpoint terminates Executive’s 's employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, except for any payments under applicable plans or programs, any accrued and unpaid vacation, any earned but unpaid Base Salary or bonuses and any unreimbursed business expense in accordance with Company policy, and the unvested portion of the Option and all or any other options, if any, options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp)

Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, Viewpoint terminates Executive’s employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, and the unvested portion of the Option and all other options, if any, any Options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp)

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Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, If Viewpoint terminates Executive’s 's employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, and the unvested portion of the Option and all other options, if any, any options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp/Ny/)

Termination With Cause or Without Good Reason. If, at any time during the Term of Employment, Viewpoint terminates Executive’s employment with Cause, or if Executive terminates his employment with Viewpoint without Good Reason, Viewpoint will have no obligation to make any payments to Executive under this Agreement, except for any payments under applicable plans or programs, any accrued and unpaid vacation, any earned but unpaid Base Salary or bonuses and any unreimbursed business expense in accordance with Company policy, and the unvested portion of the Option and all or any other options, if any, options granted to Executive at any time before such termination will be forfeited and will not vest and will not be exercisable at any time by Executive.

Appears in 1 contract

Samples: Employment Agreement (Viewpoint Corp)

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