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 (except as to amounts already earned), (iii) Executive will be paid any accrued but unpaid salary, earned bonuses, vacation, expense reimbursements and other benefits due to Executive through his termination date under any Company-provided or paid plans, policies, and arrangements, and (iv) Executive will be eligible for severance benefits only in accordance with the Company's then established policies and practices.

Appears in 1 contract

Samples: Sohaib Abbasi Employment Agreement (Informatica Corp)

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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 stock options will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), (iii) Executive will be paid any all accrued but unpaid salary, vacation, any earned bonuses, vacation, expense reimbursements and other benefits due to Executive through his her termination date under any Company-provided or paid plans, policies, and arrangements, and (iv) except as provided in subparagraph (a) above, Executive will be eligible for severance benefits only in accordance with the Company's ’s then established policies and practices.

Appears in 1 contract

Samples: Bartz Employment Agreement (Autodesk 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 outstanding equity awards ’s Compensatory Equity will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), (iii) Executive will be paid any all accrued but unpaid salary, vacation, any earned bonuses, vacation, expense reimbursements and other benefits due to Executive through his termination date under any Company-provided or paid plans, policies, and arrangements, and (iv) Executive will be eligible for severance benefits only in accordance with the Company's ’s then established policies and practices.

Appears in 1 contract

Samples: Gregoire Employment Agreement (Taleo Corp)

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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 (i) all further vesting of Executive's outstanding equity awards Stock Options will terminate immediately, (ii) all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), (iii) Executive will be paid any all accrued but unpaid salary, vacation, any earned bonuses, vacation, expense reimbursements and other benefits due to Executive through his termination date under any Company-provided or paid plans, policies, and arrangements, and (iv) Executive will be eligible for severance benefits only in accordance with the Company's then established policies and practices.

Appears in 1 contract

Samples: Gregoire Employment Agreement (Taleo Corp)

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