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.
Appears in 5 contracts
Samples: Employment Agreement (Vertis Inc), Employment Agreement (Vertis Inc), Employment Agreement (Vertis Inc)
THE EXECUTIVE OTHER THAN FOR GOOD REASON. If the Executive’s '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 's Annual Base Salary and bonus 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.
Appears in 2 contracts
Samples: Employment Agreement (Idec Pharmaceuticals Corp / De), Employment Agreement (Idec Pharmaceuticals Corp / De)