Upon termination of Employee s employment pursuant to any of the provisions herein, Employee or his legal representative shall deliver to the Company all originals and all duplicates and/or copies of all documents, records, notebooks, and similar repositories of or containing Confidential Information then in his possession, whether prepared by him or not.
Upon termination of Employee s employment for any reason prior to the expiration of the Term, the Company shall be obligated to pay, and Employee shall be entitled to receive:
1. all accrued and unpaid Base Salary to the date of termination;
2. any earned, but unpaid, bonuses for the bonus year ending prior to the date of termination;
3. all incurred but unreimbursed business expenses for which Employee is entitled to reimbursement; and
4. any benefits to which he is entitled under the terms of any applicable employee benefit plan or program, or applicable law.
Upon termination of Employee s employment hereunder for cause or upon the death or disability of Employee, Employee will have no rights to any unvested benefits or any other compensation or payments after the termination date or the last day of the month in which Employee's death or disability occurred. For purposes of this Agreement, "disability" means the incapacity or inability of Employee, whether due to accident, sickness or otherwise, as determined by a medical doctor acceptable to the Board of Directors of Employer and confirmed in writing by such doctor, to perform the essential functions of Employee's position under this Agreement, with or without reasonable accommodation (provided that no accommodation that imposes undue hardship on Employer will be required) for an aggregate of ninety (90) days during any period of one hundred eighty (180) consecutive days.
Upon termination of Employee s employment for any reason, the Company shall have no obligation to make further contributions to Employee's 401(k) Account pursuant to this Section 3.5 or otherwise.
Upon termination of Employee s employment hereunder during the Term as a result of death, Employee's estate or named beneficiary(ies) shall receive from the Company (x) Employee's Base Salary at the rate in effect at the time of Employee's death through the end of the month in which his death and (y) the proceeds of any life insurance policy maintained for his benefit by the Company pursuant to this Agreement (or the Plans and Policies of the Company generally).
Upon termination of Employee s employment relationship hereunder, the Company and Employee agree that, unless otherwise legally required to do so, they will each at all times thereafter refrain from discussing the circumstances relating to such termination and from disparaging, or describing in a derogatory light, the performance, capabilities, services, business practices, or ethics of the other (or of the officers, directors or controlling shareholders of the other). This provision does not apply to statements made by Employee to Employee's immediate family or attorneys, or to statements made by either party in legal proceedings in conjunction with legal actions to pursue rights and/or remedies under this Agreement.
Upon termination of Employee s employment, pursuant to the provisions of this Paragraph 8, Employee shall be paid the following amounts: (I) any unpaid Base Salary up to the date of termination and (II) any accrued PTO.
Upon termination of Employee s employment with Company for any reason whatsoever, and as a condition to the fulfillment of Company’s obligations, if any, towards Employee at such time, Employee affirms and undertakes to (i) transfer his position to his replacement, as shall be determined by Company, in an efficient, complete, appropriate and orderly manner, (ii) return to Company’s principal office the Cellular Phone and any other equipment (including a personal computer, a laptop and the like) or documentation, in any media (collectively: the “Company Equipment”). Employee shall have no (and hereby waives any) rights of lien with respect to any asset or right comprising the Company Equipment.
Upon termination of Employee s employment with Employer ------- for any reason under this Agreement, Employee shall promptly deliver to Employer any and all correspondence, mailing lists, drawings, blueprints, manuals, letters, records, notes, notebooks, reports, flow-charts, programs, proposals, computer tapes, discs and diskettes which are in Employee's possession or under his control, and any and all documents concerning or relating to Employer's or any other Company's business, clients, customers, investors or lenders, or concerning products, processes or technologies used by Employer or any other Company which are in Employee's possession or under his control, and, without limiting the foregoing, shall promptly deliver to Employer any and all documents or materials which are in Employee's possession or under his control containing or constituting Confidential Information.
Upon termination of Employee s employment under Section 5.1, the Company shall continue paying Employee's Base Salary through the 180th day following the commencement of Employee's disability giving rise to such termination, but in no event beyond the Employment Period; provided, however, that such payments may be reduced by the amount of any disability payments received by Employee from disability insurance purchased by the Company for the benefit of Employee. Except for such Base Salary, the Company shall have no further obligation under this Agreement to make any payments to Employee or to bestow any benefits on Employee after the termination date, other than payments and benefits accrued and due and payable to Employee prior to the termination date.
