THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason then, (i) the Company shall pay to the Executive in a lump sum in cash within thirty days after the Date of Termination, any portion of the Executive’s Annual Base Salary earned through the Date of Termination that has not been paid and earned annual bonuses for completed fiscal years prior to the Date of Termination and (ii) all outstanding equity awards shall be treated according to the provisions of the plan and agreements under which such awards were granted.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive's employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason then, the Company shall pay to the Executive in a lump sum in cash within thirty days after the Date of Termination, any portion of the Executive's Annual Base Salary and bonus earned through the Date of Termination that has not been paid. In addition, if such termination takes place prior to the time when the Company's common stock becomes publicly traded, the Company may (but is not obligated to) repurchase from the Executive (or the transferee of such shares) each share of common stock acquired by the Executive pursuant to the option and restricted stock awards described in Sections 3(d) and 3(e), at a per share price equal to the fair market value of such shares as of the Date of Termination. The Executive shall obtain the consent of any transferee of such shares to such repurchase right for so long as it shall remain in effect.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason, then the Company shall pay to the Executive (i) the Accrued Amounts in a lump sum within thirty (30) days after the Date of Termination and (ii) the Other Benefits. All outstanding unvested equity and equity-based awards shall be forfeited upon a termination governed by this Section 5(c).
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason during or after the Term, then (i) the Company shall pay to the Executive the Accrued Amounts in a lump sum within thirty (30) days after the Date of Termination; (ii) any unvested Time-Based Restricted Shares and Performance-Based Restricted Shares shall be forfeited and the Executive shall have no further rights with respect thereto; (iii) if the Date of Termination is prior to the fourth anniversary of the Effective Date, any portion of the Option which is not then exercisable (and in the event of any termination for Cause, the entire Option, whether or not then exercisable) shall be immediately forfeited and canceled and, in the event of a voluntary termination of employment by the Executive (other than for Good Reason), the portion of the Option which is then exercisable shall remain exercisable for a period of ninety (90) days; (iv) all other outstanding equity awards shall be treated according to the provisions of the plan and any agreements under which such awards were granted; and (v) the Company shall also pay or provide the Other Benefits to the Executive.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive's employment is terminated by the Company for Cause during the Employment Period, or if the Executive voluntarily terminates employment during the Employment Period, other than for Good Reason, the Company shall pay to the Executive in a lump sum in cash within 30 days of the Date of Termination any portion of the Executive's Annual Base Salary through the Date of Termination that has not yet been paid plus any accrued but unpaid vacation pay to which Executive was entitled on the Date of Termination, and the Company shall have no further obligations under this Agreement, except as otherwise specified in this Agreement. The rights and benefits of the Executive under the benefit plans and programs of the Company shall be determined in accordance with the provisions of such plans and programs. The rights and benefits of the Executive with respect to the options referred to in Section 3(C) shall be determined in accordance with the provisions of the plans and grant agreements governing such options.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason then, (i) the Company shall pay to the Executive in a lump sum in cash within thirty days after the Date of Termination, any portion of the Executive’s Annual Base Salary earned through the Date of Termination that has not been paid and earned annual bonuses for completed fiscal years prior to the Date of Termination and (ii) all outstanding equity awards shall be treated according to the provisions of the plan and agreements under which such awards were granted. Upon termination of employment under this subsection(c), the Executive may elect to continue health (including prescription drug), dental and vision coverage from the Company in accordance with the continuation of coverage requirements of Internal Revenue Code Section 4980B (“COBRA”), provided that the Company will not require any premium payment for such COBRA coverage greater than the premium for such coverage then being charged for active employees. If such COBRA coverage ends before December 31, 2014, then upon expiration of COBRA coverage the Company will at the Company’s expense continue to cover the Executive (and/or his eligible dependents, as applicable) under the Company’s health (including prescription drug), dental and vision coverages (or substantially equivalent coverage under an alternative arrangement) through December 31, 2014, provided that the Company may charge a premium for such coverages no greater than the premium for such coverages then being charged for active employee. However, coverage provided by the Company under the preceding sentence for the Executive or any of his eligible dependents will end before December 31, 2014, for any such person who becomes eligible for coverage under another employer provided health insurance plan or Medicare. To the extent any such continued coverage is provided under a self-insured arrangement, the Company provided premium equivalent value of such continued coverage will be treated as imputed taxable income to the Executive (or income in respect of the decedent, as applicable), subject to any withholding and reporting requirements imposed by law. In addition to the health coverage provided above, the Company shall purchase and maintain through December 31, 2014 a single family policy equivalent in all material aspects to the Company’s health coverage, except with deductibles of $2,500 per pers...
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive terminates employment during the Employment Period other than for Good Reason, this Agreement shall terminate without further obligations by the Company to the Executive. NON-EXCLUSIVITY OF RIGHTS
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s employment with the Company is terminated by the Company for Cause or by the Executive other than for Good Reason, then the Company shall pay the Executive the Earned Salary.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive's employment is terminated by the Company for Cause during the Employment Period, the Company shall pay the Executive any unpaid Base Salary through the Date of Termination within 30 days of the Date of Termination, and shall timely pay or provide the Other Benefits, and shall have no other severance obligations under this Agreement. If the Executive voluntarily terminates employment during the Employment Period, excluding a termination for Good Reason, the Company shall pay the Executive the Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination, and shall timely pay or provide the Other Benefits, and shall have no other severance obligations under this Agreement.
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive's employment is terminated by the Company for Cause or the Executive voluntarily terminates employment other than for Good Reason during the Term, the Company shall pay to the Executive in a lump sum in cash immediately prior to the Date of Termination, (1) any portion of the Executive's Annual Base Salary through the Date of Termination that has not been paid; and (2) all compensation and benefits payable to the Executive under the terms of the Company's compensation and benefit plans, programs or arrangements as in effect immediately prior to the Date of Termination.
