Common use of Voluntary Termination without Good Reason; Termination for Cause Clause in Contracts

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for severance benefits only in accordance with the Company’s then established plans, programs, and practices.

Appears in 10 contracts

Samples: Change of Control Retention Agreement, Change of Control Retention Agreement (Brocade Communications Systems Inc), Control Retention Agreement (Brocade Communications Systems Inc)

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Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then then, except as provided in Section 7, (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, and Executive’s outstanding equity awards will terminate in accordance with the terms and conditions of the applicable award agreement(s), (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for entitled to receive benefits, including severance benefits benefits, only in accordance with the Company’s then established plans, programs, and practicespractices other than this Agreement.

Appears in 4 contracts

Samples: Agreement (Cree Inc), Executive Change in Control Agreement (Cree Inc), Executive Change in Control Agreement (Cree Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediatelyimmediately (except as to amounts already earned), and (iii) Executive will be eligible for severance paid all expense reimbursements and other benefits only in accordance with the due to Executive through his termination date under any Company’s then established -provided or paid plans, programspolicies, and practicesarrangements.

Appears in 4 contracts

Samples: Employment Agreement (Sunpower Corp), Employment Agreement (Sunpower Corp), Employment Agreement (Sunpower Corp)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates other than pursuant to Executive’s death or Disability and either (i) voluntarily by Executive without other than for Good Reason Reason, or is terminated (ii) for Cause by the Company, then (iA) all further vesting of under Executive’s outstanding equity awards will terminate immediately, (ii) immediately and all payments of compensation by the Company to Executive hereunder will terminate immediatelyimmediately (except as to amounts already earned), and (iiiB) Executive will not be eligible for entitled to severance benefits only in accordance with the Company’s then established plans, programs, and practicesbenefits.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Tintri, Inc.), Employment Agreement (Tintri, Inc.)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s 's employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s 's outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for severance benefits only in accordance with the Company’s 's then established plans, programs, and practices.

Appears in 3 contracts

Samples: Control Retention Agreement (Brocade Communications Systems Inc), Control Retention Agreement (Brocade Communications Systems Inc), Control Retention Agreement (Brocade Communications Systems Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediatelyimmediately (except as to amounts already earned), and (iii) Executive will not be eligible for entitled to any severance but Executive will be paid all accrued but unpaid vacation, expense reimbursements and other benefits only in accordance with the due to Executive through his termination date under any Company’s then established -provided or paid plans, programspolicies, and practicesarrangements.

Appears in 3 contracts

Samples: Employment Agreement (Tibco Software Inc), Employment Agreement (Tibco Software Inc), Vivek Ranadive Employment Agreement (Tibco Software Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, ; and (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for severance benefits only in accordance with the Company’s then established plans, programs, and practices.

Appears in 2 contracts

Samples: Change of Control Retention Agreement (Aldila Inc), Change of Control Retention Agreement (Aldila Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s 's employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then then, except as provided in Section 7, (i) all further vesting of Executive’s 's outstanding equity awards will terminate immediately, and Executive's outstanding equity awards will terminate in accordance with the terms and conditions of the applicable award agreement(s), (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for entitled to receive benefits, including severance benefits benefits, only in accordance with the Company’s 's then established plans, programs, and practicespractices other than this Agreement.

Appears in 2 contracts

Samples: Control Agreement (Cree Inc), Agreement (Cree Inc)

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Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then then, except as provided in Section 7, (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for entitled to receive benefits, including severance benefits benefits, only in accordance with the Company’s then established plans, programs, and practicespractices other than this Revised Agreement.

Appears in 1 contract

Samples: Charles Swoboda Employment Agreement (Cree Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s 's employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then then, except as provided in Section 7, (i) all further vesting of Executive’s 's outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, and (iii) Executive will be eligible for severance benefits only in accordance with the Company’s 's then established plans, programs, and practices.

Appears in 1 contract

Samples: Swoboda Employment Agreement (Cree Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then then, except as provided in Section 6, (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, and Executive’s outstanding equity awards will terminate in accordance with the terms and conditions of the applicable award agreement(s); (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately, ; and (iii) Executive will be eligible for entitled to receive benefits, including severance benefits benefits, only in accordance with the Company’s then established plans, programs, and practicespractices other than this Agreement.

Appears in 1 contract

Samples: Control Agreement (Cree Inc)

Voluntary Termination without Good Reason; Termination for Cause. If Executive’s employment with the Company terminates voluntarily by Executive without Good Reason or is terminated for Cause by the Company, then (i) all further vesting of Executive’s outstanding equity awards will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediatelyimmediately (except as to amounts already earned), and (iii) Executive will not be eligible for entitled to any severance benefits only but Executive will be paid all amounts as provided in accordance with the Company’s then established plans, programs, and practicesSection 2 above.

Appears in 1 contract

Samples: Employment Agreement (Tibco Software Inc)

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