Compensation for Termination Without Cause. Subject to the provisions of this Agreement, in the event Employee's employment is terminated by Employer without Cause prior to February 28, 2006, Employer shall pay to Employee an amount equal to $500,000 minus the amount of any Transition Bonus paid prior to the Termination Date.
Appears in 3 contracts
Samples: Stock Option Agreement (Transaction Systems Architects Inc), Stock Option Agreement (Transaction Systems Architects Inc), Stock Option Agreement (Transaction Systems Architects Inc)
Compensation for Termination Without Cause. Subject to the provisions of this Agreement, in the event Employee's employment Employee is terminated by Employer without Cause prior to February 28June 30, 2006, Employer shall pay to Employee an amount equal to $500,000 minus the amount of any Transition Bonus paid prior to the Termination Date500,000.
Appears in 1 contract
Samples: Stock Option Agreement (Transaction Systems Architects Inc)
