Common use of Termination With or Without Cause Clause in Contracts

Termination With or Without Cause. The Company shall be entitled to terminate Employee's engagement at any time with or without cause by giving the Employee a written notice that has been approved by a majority of the board. If the Company terminates the Employee's engagement, Employee shall be paid the compensation provided for above through the life of this agreement. Employee shall retain ownership of any Stock Options, which shall immediately vest in full.

Termination With or Without Cause. The Company shall be entitled to terminate Employee's engagement at any time with or without cause by giving the Employee a written notice that has been approved by a majority of the board. If the Company terminates the Employee's engagement, Employee shall be paid the compensation current base salary provided for above through the life of this agreement. Employee shall retain ownership of any Stock and/or Stock Options, which shall immediately vest in full.