By Employer Without Cause. Employer may, at any time, terminate Executive's employment without Cause and for reasons not specified above. In the event Executive's employment is terminated without Cause, Employer shall pay Executive the Base Salary computed pro rata up to and including the date Executive ceases to perform services for Employer. If (i) Executive executes and delivers to Employer a waiver and release of claims satisfactory to Employer and its counsel (the "Release") and (ii) Executive has not instituted any dispute resolution procedure or taken any other legal action in any way related to Employer or Executive's employment with Employer, then (a) Employer shall pay Executive Executive's then current Base Salary for the twelve (12) month period following the date of termination (the "Base Severance Payment"); (b) Employer shall pay Executive an Incentive Bonus which Executive would have otherwise received based upon the applicable Milestones in effect at time of Executive's termination (the "Incentive Severance Payments"); (iii) Employer shall continue to provide Executive with employee benefits, including health, life and disability insurance, not to exceed an aggregate amount of $5,000 for such payments that could not have been deducted for income tax purposes by the Executive if Executive had paid them directly, for twelve (12) months following the date of termination of Executive's employment with Employer; and (iv) all of Executive's unvested Options shall immediately vest upon such termination date. The Base Severance Payment and Incentive Severance Payment shall be paid in one lump sum on or before the date that is thirty (30) days after the termination date. The Incentive Severance Payment shall be subject to deduction for state and federal withholding tax, Social Security, and other employee taxes and payroll deductions. The obligation of Employer to pay the Base Severance Payment and Incentive Severance Payment shall cease in the event that Executive breaches any terms of this Agreement, the Creative Works Agreement, or the Release that apply to Executive after termination of Executive's employment with Employer.
By Employer Without Cause. Subject to Section 7(c) hereof, Employer may terminate Executive's employment hereunder without Cause upon written notice from the Chief Executive Officer to Executive.
By Employer Without Cause. Employer may terminate Employee's employment at will, with at least 30 days' prior written notification to Employee, but if Employer does so, Employee will be entitled to Severance Pay as provided in and subject to Section 6 (Severance Pay).
By Employer Without Cause. At any time during the Term, Employer may terminate Executive’s employment with the consequences set forth herein.
By Employer Without Cause. In addition to its right to elect not to renew this Agreement, as provided herein, Employer may terminate this Agreement without cause upon 30 days prior written notice to Executive.
By Employer Without Cause. Employer may, at any time, terminate Employee’s employment without Cause and for reasons not specified above.
By Employer Without Cause. At any time, Employer may terminate Executive without Cause (as defined below), effective as of the date specified in a written notice from
By Employer Without Cause. If Employer terminates Employee's employment hereunder without Cause and within two years following a Change of Control (as defined below), Employer shall provide Employee with the severance benefits provided in Section 7.2(d) except that the Severance Period shall be the greater of (A) the remainder of the two years following the Change of Control following the effective date of termination and (B) the Severance Period provided in Section 7.2(d). For the purposes of this Section only, Cause shall be limited to:
By Employer Without Cause. The Employer may terminate this Agreement without Cause at any time upon not less than 60 days’ written notice to the Executive.
By Employer Without Cause. If Employer terminates Employee's employment hereunder without Cause and within two years following a Change of Control (as defined below), Employer shall provide Employee with the severance benefits provided in
