With Cause or Without Good Reason. If the Executive’s employment shall be terminated by the Company for Cause, or if the Executive terminates employment hereunder without Good Reason, the Company shall pay the Executive’s Base Salary, accrued but unpaid business expenses and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings.
With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.
With Cause or Without Good Reason. If Executive’s employment with the Company is terminated at any time either by the Company for Cause or by Executive without Good Reason, the Company shall pay the Accrued Obligations, and the Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law (and except as provided otherwise in Executive’s stock option agreements with the Company).
With Cause or Without Good Reason. If the Executive’s engagement hereunder is terminated by the Company with Cause or by the Executive without Good Reason, the Company shall have no further obligation to make any payments or provide any benefits to the Executive hereunder after the date of termination except for (A) payments of Base Salary, any awarded but unpaid Bonus for any prior completed year, and expense reimbursement that had accrued but had not been paid prior to the date of termination, (B) payments for any accrued but unused vacation time, and (C) any benefits due through the date of termination in accordance with the terms of the Benefit Plans. Any amounts payable under this Section 10(c)(i) shall be paid within five business days of the termination date.
With Cause or Without Good Reason. If the Officer’s employment with the Company is terminated by the Company for Cause or if the Officer terminates employment with the Company without Good Reason, the Company shall pay the Officer’s base salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings, and the Company shall thereafter have no further obligations to the Officer under this Agreement.
With Cause or Without Good Reason. Unless Section 6(d) otherwise applies, if (i) the Company terminates Executive’s employment for Cause, or (ii) Executive terminates employment with the Company without Good Reason, Executive (whichever is applicable) shall be entitled to receive the Accrued Obligations, all at such time as provided in Section 9 below.
With Cause or Without Good Reason. If upon or at any time prior to the occurrence of a Change of Control, the Executive's employment under the Employment Agreement is terminated by the Company with Cause or by the Executive without Good Reason, then no amount shall be payable by the Company under this Agreement.
With Cause or Without Good Reason. If, during the Term of this Agreement, Executive’s employment is terminated by the Board for Cause, or Executive terminates Executive’s employment hereunder without Good Reason, the Company shall pay Executive the Accrued Amounts and Executive shall have the Continuing Rights. The Company shall thereafter have no further obligations to Executive under this Agreement, except as otherwise provided by law.
With Cause or Without Good Reason. If the Employee's employment shall be terminated by the Company with Cause or if the Employee resigns without Good Reason, the Company shall pay the Employee's accrued Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of the notice of termination to Employee, and the Company shall thereafter have no further obligations to the Employee under this Agreement. Employee's stock options to purchase the Company's Common Stock will cease to vest upon termination of employment with Cause or without Good Reason and will be governed by the terms of the applicable Stock Option Agreement and the Company's equity incentive plan.
With Cause or Without Good Reason. If the Executive’s service to the Company as its Chief Financial Officer or other senior financial officer is terminated by the Company prior to the Transition Date with Cause (as defined below), or if the Executive resigns from her position as the Company’s Chief Financial Officer or other senior financial officer prior to the Transition Date without Good Reason (as defined below), all of the Executive’s rights hereunder shall terminate and no further payments of any kind shall be made except for base salary earned and unpaid through the termination date; provided, however, that under such circumstances, the Executive’s options shall be exercisable in accordance with the Company’s Stock Option Plan, the Option Certificates (without giving effect to the first sentence of Section 2.1(v) hereof), and any other restrictions or provisions generally applicable to shares purchased by Company employees. As used herein, “Cause” shall mean (a) conviction of a felony, (b) willful or persistent failure of Executive to follow the reasonable directions of the Board of Directors of the Company which are consistent with the Executive’s position and applicable law after notice detailing the specific failure and the Executive’s failure to cure within 30 days, or (c) material breach by the Executive of Sections 3 or 4 of this Agreement. As used herein, “Good Reason” shall mean (a) failure of the Company to continue the Executive in the position of Chief Financial Officer or other senior financial officer, (b) a material diminution in the nature or scope of the Executive’s responsibilities, duties or authority, (c) a diminution in the Executive’s salary, (d) the Company’s provision of the notice described in Section 1 of its intent not to renew or extend this Agreement upon the expiration of any Term hereof; or (e) failure of the Company to continue to maintain a corporate office within 25 miles of Charlottesville, Virginia from which the Executive can work a minimum of seventy-five percent (75%) of her time.
