Common use of Voluntary Termination by Employee for Good Reason Clause in Contracts

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below). In the event of such voluntary termination for "good reason," (a) the Company shall pay Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (without discounting to present value) one times his then effective annual base salary under Section 3.1 hereof, (b) the Company shall provide the continued benefit coverage described in Section 4.1, and (c) any outstanding stock options to acquire shares of the Company's common stock held by Employee not already fully vested and exercisable pursuant to the Agreement Regarding Vesting and Adjustment of Stock Options attached hereto as EXHIBIT A, shall become fully vested and exercisable.

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below). In the event of such voluntary termination for "good reason," (a) the Company shall pay Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (without discounting to present value) one two times his then effective annual base salary under Section 3.1 hereof, (b) the Company shall provide the continued benefit coverage described in Section 4.1, 4.1 and (c) any all outstanding stock options to acquire shares of the Company's common stock held by Employee not already fully vested and exercisable pursuant to the Agreement Regarding Vesting and Adjustment of Stock Options attached hereto as EXHIBIT A, shall become fully vested and exercisable.

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below). In the event of such voluntary termination for "good reason," (a) the Company shall pay Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (without discounting to present value) one times two times' his then effective annual base salary under Section 3.1 hereof, (b) the Company shall provide the continued benefit coverage described in Section 4.1, and (c) any outstanding stock options to acquire shares of the Company's common stock held by Employee not already fully vested and exercisable pursuant to the Agreement Regarding Vesting and Adjustment of Stock Options attached hereto as EXHIBIT A, shall become fully vested and exercisable.

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below). In the event of such voluntary termination for "good reason," (a) the Company shall pay Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (without discounting to present value) one times his then effective annual base salary under Section 3.1 hereof, (b) the Company shall provide the continued benefit coverage described in Section 4.1, 4.1 hereof and (c) any all outstanding stock options to acquire shares of the Company's common stock held by Employee not already shall become fully vested and exercisable pursuant to the Agreement Regarding Vesting and Adjustment of Stock Options attached hereto as EXHIBIT A, shall become fully vested and exercisable.A.