Common use of Constructive Termination Clause in Contracts

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, “Constructive Termination” shall mean:

Appears in 15 contracts

Samples: Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc)

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Constructive Termination. Notwithstanding anything in this Section 4 or Section 5 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, may voluntarily end his employment with the Company and receive the benefits detailed in Section 4.4 upon or within ninety (90) days following the occurrence of an event constituting a "Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange Termination," which for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, “Constructive Termination” Section 4.5 shall mean:

Appears in 2 contracts

Samples: Tality Corporation Employment Agreement (Tality Corp), Tality Corporation Employment Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, "Constructive Termination" shall mean:

Appears in 2 contracts

Samples: Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, “Constructive Termination” shall mean:occurrence

Appears in 2 contracts

Samples: Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 or Section 5 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, may voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive with full payment of the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, “Constructive Termination” shall mean:termination

Appears in 1 contract

Samples: Employment Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, Constructive Termination” shall mean:

Appears in 1 contract

Samples: Indemnity Agreement (Cadence Design Systems Inc)

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Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, may voluntarily end terminate his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination (after providing the notice, if any, required by Section 4.1 hereof) and be eligible to receive for the benefits set forth in Section 5 of the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereofsuch Transition Agreement. For purposes of this Agreement, "Constructive Termination" shall mean:

Appears in 1 contract

Samples: Transition and Release Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination (but with at least five (5) business days' written notice to the Company) and be eligible to receive for the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, "Constructive Termination" shall mean:

Appears in 1 contract

Samples: Indemnity Agreement (Cadence Design Systems Inc)

Constructive Termination. Notwithstanding anything in this Section 4 to the contrary, Executive may, upon at least thirty (30) days’ written notice to the Company, voluntarily end his employment upon or within ninety (90) days following the occurrence of an event constituting a Constructive Termination and be eligible to receive the benefits set forth in the Transition Agreement in exchange for executing and delivering that agreement in accordance with Section 9.3 hereof. For purposes of this Agreement, “Constructive Termination” shall mean:

Appears in 1 contract

Samples: Indemnity Agreement (Cadence Design Systems Inc)

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