Common use of Effect of Termination of Employment on Compensation Clause in Contracts

Effect of Termination of Employment on Compensation. (a) If Employee’s employment hereunder shall terminate at the expiration of the Term or for any reason described in Section 3.2(a), 3.2(b), 3.2(c), or 3.3, then all compensation and all benefits to Employee hereunder shall terminate contemporaneously with such termination of employment, except that Employee shall be entitled to (i) payment of all accrued and unpaid Base Salary to the Date of Termination, (ii) reimbursement for all incurred but unreimbursed expenses for which Employee is entitled to reimbursement in accordance with Section 4.4, and (iii) benefits to which Employee is entitled under the terms of any applicable benefit plan or program.

Effect of Termination of Employment on Compensation. (a) If EmployeeExecutive’s employment hereunder shall terminate at the expiration of the Term or Term, for any reason described in Section 3.2(a), 3.2(b), or 3.2(c), ) or 3.3pursuant to Executive’s resignation for other than Good Reason, then all compensation and all benefits to Employee Executive hereunder shall terminate contemporaneously with such termination of employment, except that Employee Executive shall be entitled to (i) payment of all accrued and unpaid Base Salary to the Date of Termination, (ii) reimbursement for all incurred but unreimbursed expenses for which Employee Executive is entitled to reimbursement in accordance with Section 4.4, and (iii) benefits to which Employee Executive is entitled under the terms of any applicable benefit plan or program.

Effect of Termination of Employment on Compensation. (a) If EmployeeExecutive’s employment hereunder shall terminate at the expiration of the Term or Term, for any reason described in Section 3.2(a), 3.2(b), ) or 3.2(c), or 3.3pursuant to Executive’s resignation for other than Good Reason, then all compensation and all benefits to Employee Executive hereunder shall terminate contemporaneously with such termination of employment, except that Employee Executive shall be entitled to (i) payment of all accrued and unpaid Base Salary to the Date of Termination, (ii) reimbursement for all incurred but unreimbursed expenses for which Employee Executive is entitled to reimbursement in accordance with Section 4.4, and (iii) benefits to which Employee Executive is entitled under the terms of any applicable benefit plan or program.