Common use of Termination Without Cause; For Good Reason Clause in Contracts

Termination Without Cause; For Good Reason. In the event that this Agreement is terminated by the Company without Cause, or by the Executive for Good Reason, the Executive shall receive from the Company as a termination settlement an amount equal to twelve (12) month's base salary and living expenses under Section 6.03 as is in effect at the effective date of termination (the "Termination Payment"), pursuant to the Company's normal payroll practices. In addition, the Executive shall receive that portion of the performance bonus payable pursuant to Section 5 hereof equal to that percentage of the calendar year during which the Executive was employed by the Company, payable when such bonus would otherwise normally be paid by the Company. In addition to the Termination Payment, the Executive shall continue to receive the insurance benefits described in Section 6.02 for a period of twelve (12) months following the effective date of termination. The Executive shall have no obligation to mitigate the amount of the Termination Payment provided for herein by seeking other employment or otherwise.

Termination Without Cause; For Good Reason. In the event that this Agreement is terminated by the Company without Cause, or by the Executive for Good Reason, the Executive shall receive from the Company as a termination settlement an amount equal to twelve (12) month's base salary and living expenses under Section 6.03 as is in effect at the effective date of termination (the "Termination Payment"), pursuant to the Company's normal payroll practices. In addition, the Executive shall receive that portion of the performance bonus payable pursuant to Section 5 hereof equal to that percentage of the calendar year during which with the Executive was employed by the Company, payable when such bonus would otherwise normally be paid by the Company. In addition to the Termination Payment, the Executive shall continue to receive the insurance benefits described in Section 6.02 for a period of twelve (12) months following the effective date of termination. The Executive shall have no obligation to mitigate the amount of the Termination Payment provided for herein by seeking other employment or otherwise.

Termination Without Cause; For Good Reason. In the event that this Agreement is terminated by the Company without Cause, or by the Executive for Good Reason, the Executive shall receive from the Company as a termination settlement an amount equal to twelve (12) month's base salary and living expenses under Section 6.03 as is in effect at the effective date of termination (the "Termination Payment"), pursuant to the Company's normal payroll practices. In addition, the Executive shall receive that portion of the performance bonus payable pursuant to Section 5 hereof equal to that percentage of the calendar year during which with the Executive was employed by the Company, payable when such bonus would otherwise normally be paid by the Company. In addition to the Termination Payment, the Executive shall continue to receive the insurance benefits described in Section 6.02 for a period of twelve (12) months following the effective date of termination. The Executive shall have no obligation to mitigate the amount of the Termination Payment provided for herein by seeking other employment or otherwise.

Termination Without Cause; For Good Reason. In the event that this Agreement is terminated by the Company without Cause, Cause or by the Executive for Good Reason, the Executive shall receive from the Company as a termination settlement an amount equal to twelve (12) month's base salary and living expenses under Section 6.03 as is in effect at the effective date of termination (the "Termination Payment"), pursuant to the Company's normal payroll practices. In addition, the Executive shall receive that portion of the performance bonus payable pursuant to Section 5 hereof equal to that percentage of the calendar year during which with the Executive was employed by the Company, payable when such bonus would otherwise normally be paid by the Company. In addition to the Termination Payment, the Executive shall continue to receive the insurance benefits described in Section 6.02 for a period of twelve (12) months following the effective date of termination. The Executive shall have no obligation to mitigate the amount of the Termination Payment provided for herein by seeking other employment or otherwise.