Effect of Other Termination Events Sample Clauses

Effect of Other Termination Events. If Executive voluntarily resigns from employment or is terminated for just cause prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than as may be due Executive through Executive's last day of employment. If Executive's employment is terminated due to Executive's disability or death (as defined in the Company's long-term disability plan or insurance policy), Executive shall be entitled to no payment or compensation other than as provided by the Company's short and long-term disability plans or, in the case of death, its life insurance payment policy in effect for executives of Executive's level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, however, Executive or Executive's estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested at the time of Executive's disability or death (including, without limitation, the rights and benefits provided under applicable retirement plans).
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Effect of Other Termination Events. If Executive is terminated for just cause (as defined in Section 5(d) below) prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than such salary, reimbursable expenses and other amounts as may properly be due Executive through Executive's last day of employment. If Executive voluntarily resigns from employment (other than a "Voluntary Termination" as defined in the Change in Control Agreement), or his employment is terminated due to Executive's disability or death (as defined in the Company's long-term disability plan or insurance policy), Executive shall be entitled to only (i) such salary, reimbursable expenses and other amounts as may be due Executive through Executive's last day of employment; (ii) an annual bonus for the year in which Executive's employment terminates, prorated through the last day of employment (the amount of said bonus to be determined by the Company based on the audited year-end financial results of the Company and paid promptly after such results are determined); and (iii) in the case of disability, such compensation as is provided by the Company's short and long-term disability plans or, in the case of death, such payments as are provided by its life insurance payment policy in effect for executives of Executive's level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, however, Executive or Executive's estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested at the time of Executive's disability or death (including, without limitation, the rights and benefits provided under applicable stock plans, retirement plans).
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Effect of Other Termination Events. If Executive is terminated for Cause prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than such salary, reimbursable expenses and other amounts as may properly be due Executive through Executive’s last day of employment. If Executive voluntarily resigns from employment (other than a Separation from Service for Good Reason, as defined in Section 7(a)(iv) below), then Executive shall be entitled to an amount equal to: (a) Executive’s salary, reimbursable expenses and other amounts as may be due Executive through the last day of Executive’s employment, and (b) the annual bonus for the calendar year in which Executive’s employment terminates, prorated through the last day of Executive’s employment (the amount of such bonus to be determined by the Company based on the audited year-end financial results of the Company). If Executive’s employment is terminated due to Executive’s disability (as defined in the Company’s long-term disability plan or insurance policy) or death, Executive shall be entitled to the amounts described in the preceding sentence, as well as any amounts that may be due under the Company’s short and long-term disability plans or, in the case of death, the Company’s life insurance payment policy or plan in effect for executives of Executive’s level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, Executive or Executive’s estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested (or becomes vested) at the time of Executive’s disability or death (including, without limitation, the rights and benefits provided under the Stock Plans, Executive’s Salary Continuation Agreement or other applicable retirement plans). Executive or, if appropriate, Executive’s spouse, estate or other beneficiary (as applicable) shall receive the amounts due under the first sentence of this Section 6 and clause (a) of the second sentence of this Section 6 in a single lump-sum cash payment within 30 days after the date of Executive’s termination of employment. Executive or, if appropriate, Executive’s spouse, estate or other beneficiary, shall receive the amounts due under clause (b) of the second sentence of this Section 6 in a single lump-sum cash payment between January 1 and March 15, inclusive, of the calendar year immediately foll...
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Effect of Other Termination Events. Except for termination based on Groom's Termination Right, the following applies to the termination of this Agreement (but only on termination of the Agreement and only when such termination is not based on Groom's Termination Right):
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Effect of Other Termination Events. If Executive is terminated for just cause (as defined in Section 5(d) below) prior to the end of the term of this Agreement, then Executive shall be entitled to no payment or compensation whatsoever from the Company under this Agreement, other than such salary, reimbursable expenses and other amounts as may properly be due Executive through Executive’s last day of employment. If Executive voluntarily resigns from employment (other than a “Voluntary Termination” as defined in the Change in Control Agreement), or his employment is terminated due to Executive’s disability or death (as defined in the Company’s long-term disability plan or insurance policy), Executive shall be entitled to only (i) such salary, reimbursable expenses and other amounts as may be due Executive through Executive’s last day of employment; (ii) an annual bonus for the year in which Executive’s employment terminates, prorated through the last day of employment (the amount of said bonus to be determined by the Company based on the audited year-end financial results of the Company and paid promptly after such results are determined); and (iii) in the case of disability, such compensation as is provided by the Company’s short and long-term disability plans or, in the case of death, such payments as are provided by its life insurance payment policy in effect for executives of Executive’s level or pursuant to the terms of any separate agreement concerning split-dollar or similar life insurance; provided, however, Executive or Executive’s estate, as the case may be, shall not by operation of this provision forfeit any rights in which Executive is vested at the time of Executive’s disability or death (including, without limitation, the rights and benefits provided under applicable stock plans and retirement plans).
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Effect of Other Termination Events. For the avoidance of doubt, your employment shall continue to be “at will” until the Separation Date. If your employment is terminated prior to the Separation Date (a) by the Company and its Affiliates for “Cause” (as defined in the Severance Plan) or (b) by you for any reason, you shall not be entitled to the Severance Benefits and any compensation for the Transition Services shall terminate immediately as of your separation from service. Except as provided in the immediately preceding sentence, this Agreement shall otherwise remain in effect following any termination of employment under circumstances described in this Section 6.
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Related to Effect of Other Termination Events

  • Other Termination Events Subject to Section 6.4(b), this Agreement shall terminate with respect to all Parties upon the earliest to occur of (a) a written agreement among the Parties to terminate this Agreement, (b) the Closing and (c) the delivery of a written notice from the Majority Initial Consortium Members.

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Servicer Termination Events The following events will each be a “Servicer Termination Event”:

  • Waiver of Servicer Termination Events The Noteholders of a majority of the Note Balance of the Controlling Class or, if no Notes are Outstanding, the Owner Trustee, at the direction of the holder of the Residual Interest, may direct the Indenture Trustee to waive a Servicer Termination Event, except failure to make required deposits to or payment from any of the Bank Accounts, and its consequences. On any waiver, the Servicer Termination Event will be considered not to have occurred. No waiver will extend to any other Servicer Termination Event or impair a right relating to any other Servicer Termination Event. The Issuer will promptly notify the Rating Agencies of any waiver.

  • Trustee Termination Events Any one of the following events shall constitute a Trustee Termination Event (a "Trustee Termination Event"):

  • LIABILITIES IN EVENT OF TERMINATION Except as provided in Section 7.8 hereof, the termination of this Agreement will in no way limit any obligation or liability of any party based on or arising from a breach or default by such party with respect to any of its representations, warranties, covenants or agreements contained in this Agreement including, but not limited to, legal and audit costs and out of pocket expenses.

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

  • Effect of Benchmark Transition Event (i) If the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time (as defined below) in respect of any determination of the Benchmark (as defined below) on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the Subordinated Notes during the relevant Floating Interest Period in respect of such determination on such date and all determinations on all subsequent dates.

  • Additional Termination Events The following Additional Termination Events will apply:

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