Termination by Corporation Without Cause. Corporation may terminate Executive’s employment with Corporation without Cause for any reason or for no reason at any time by written notice to Executive.
Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit A, to a lump sum severance payment of eighteen (18) months salary.
Termination by Corporation Without Cause. The Corporation may, at its option, terminate all or any part of the Work or the Contract/ Work Order forthwith without cause at any time by giving written notice to the Contractor, subject to the provisions of Clause 24.2 (Reimbursement to Contractor).
Termination by Corporation Without Cause. This Agreement and Employee’s employment hereunder may be immediately terminated by Corporation without Cause. In the event of any such termination by Corporation without Cause, Corporation shall be obligated to continue to pay Employee (i) the Base Salary due Employee under this Agreement up to Employee’s termination date; and (ii) Severance Pay as defined below.
Termination by Corporation Without Cause. The Corporation may terminate this Agreement Without Cause upon at least thirty (30) days prior written notice to the Executive. Any termination of this Agreement by the Corporation for a reason other than for Cause shall be considered a termination Without Cause.
Termination by Corporation Without Cause. If the Corporation terminates the Agreement for any reason except for cause as defined in Section Ten then upon the termination of the Employee’s employment under the Agreement, the Corporation shall pay an amount equal to eighteen (18) months’ salary. The amount shall be paid in one lump sum on the date the Employee’s services terminate. All employee benefits provided to the Employee shall be continued as if the Employee was still an employee of the Corporation, for a period of one (1) year from the date of termination or replacement of equal or better benefits from a new employer. In the event Employee has existing stock options, they will be honored in accordance with the terms of said options.
Termination by Corporation Without Cause. In the event the Corporation desires to terminate Executive’s employment for any reason other than as set forth in Sections 4, 5 or 6, the Corporation may do so by providing at least thirty (30) days prior written notice, or in lieu thereof, may relieve Executive of all duties and place Executive on a thirty (30) day paid administrative leave. Upon the Separation of Service or the Date of Termination, and subject to the provisions of Section 7(a), the Corporation shall pay Executive severance in the form of continuing to pay Executive’s Base Salary for the balance of the existing term of this Agreement (for purposes of this Section 7, the “Remaining Term”). In addition, the Corporation shall maintain and continue to provide to Executive health, dental, accident and disability insurance and other Executive benefit plans, programs and arrangements in which Executive was entitled to participate under Section 3(d) immediately prior to the Date of Termination (excluding (a) any stock option or other stock compensation, (b) any bonus or incentive compensation of the Corporation, (c) any retirement benefit plan contributions, (d) any vehicle allowance, and (e) any social or professional club dues) until the earlier of (i) the expiration of the Remaining Term; (ii) Executive commences full-time employment with another employer or commences self-employment where Executive will earn compensation on an annualized basis that is 75% or more of the Base Salary as of the Date of Termination; or (iii) the date on which the Corporation determines that the Executive has violated any provisions of Sections 13-16 of this Agreement.
Termination by Corporation Without Cause. The Executive's ---------------------------------------- employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, 7d, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of
Termination by Corporation Without Cause. In the event the Corporation desires to terminate Executive’s employment for any reason other than as set forth in Sections 5, 6 or 7, the Corporation may do so by providing at least thirty (30) days prior written notice, or in lieu thereof, may relieve Executive of all duties and place Executive on a thirty (30) day paid administrative leave. Subject to Executive complying with the provisions of Sections 8(a) and 8(b), the Corporation, beginning with the first regularly scheduled Corporation payroll date after the Waiver required by Section 8(a) becomes effective, shall pay Executive severance in the form of continuing to pay Executive’s Base Compensation and shall either provide for and maintain Executive’s coverage under the Corporation’s group health, dental, accident and disability insurance plan(s) or pay the required premiums on Executive’s behalf for equivalent continuation coverage, for eighteen (18) months following the Date of Termination. If the Corporation pays the insurance premiums for continuation coverage, and if these amounts are deemed taxable to Executive, then the Corporation shall also provide an additional grossed up amount to cover Executive’s tax liability on such premium payments.
Termination by Corporation Without Cause. The Corporation may terminate this Agreement and Executive’s employment hereunder without Cause, effective upon delivery of written notice to Executive given at any time during the Term (without any necessity for prior notice) provided that the Corporation complies with all provisions of this Agreement, including without limitation, obligations related to severance, vesting of options and continuation of benefits as set forth herein.
