Executive’s Rights Upon Termination Sample Clauses

Executive’s Rights Upon Termination. Upon termination of this Agreement, Executive shall be entitled to the following:
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Executive’s Rights Upon Termination. In the event that Executive's employment with Company is terminated for any reason other than (a) death, (b) Disability, (c) Cause, (d) voluntary resignation by Executive not constituting Constructive Termination or (e) Retirement, Company will pay to Executive Base Compensation for a period of two years. In addition, Company will fully and immediately vest all unvested stock options and restricted stock awards previously granted by Company to Executive and fully vest and immediately pay to Executive any accrued award earned by Executive under the 5-Year Plan applicable to his Group or corporate position, as the case may be, or any other Company-sponsored long-term cash incentive plan in which Executive is a participant. Base Compensation payments shall be made when payments would otherwise have been made to Executive if he were still employed by Company, except in such cases where a different payment schedule is provided for in other Company-sponsored plans or programs. In the event Executive's employment with Company is terminated for death, Disability, Cause, voluntary resignation not constituting Constructive Termination or Retirement, Executive shall not be entitled to any benefits under this Agreement. This statement, however, shall not preclude Executive from any payments or benefits available to Executive from participation in Company-sponsored plans or programs that are generally applicable to salaried personnel.
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Executive’s Rights Upon Termination. In the event that Executive's employment at DCXI is terminated for any reason other than (a) death, (b) Disability, (c) Cause, (d) voluntary resignation by Executive not constituting Constructive Termination, or (e) the expiration of the term of this Agreement, DCXI will pay to Executive Base Compensation for a period continuing two years after the date of termination. In addition, DCXI will fully vest all stock options and restricted stock awards previously granted by DCXI to Executive and fully vest and immediately pay to Executive any accrued award earned by Executive under the Performance Bonus Plan(s), above, or any other DCXI executive incentive plans which may exist at the time of termination and in which the Executive is a participant. Base Compensation payments shall be made when payments would otherwise have been made to Executive if he were still employed by DCXI, except in such cases where a different payment schedule is provided for in other Company-sponsored plans or programs. In the event Executive's employment at DCXI is terminated for death, Disability, Cause, voluntary resignation not constituting Constructive Termination, or upon expiration of the term of this Agreement, Executive shall be entitled to all benefits under this Agreement, including base salary, performance and incentive bonuses for 12 months after such event. Stock options vested to date of termination may be exercised at any time during the 12 months period following termination.
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Executive’s Rights Upon Termination a. In the event that Executive's employment at ONLN is terminated for any reason other than (i) Death, (ii) Disability, (iii) Cause, (iv) voluntary resignation by Executive not constituting Constructive Termination, or (v) the expiration of the term of his Agreement, ONLN will pay to Executive Base Compensation for a period continuing five years after the date of termination. In addition, ONLN will fully vest all stock options and restricted stock awards previously granted by ONLN to Executive and fully vest and immediately pay to Executive any accrued award earned by Executive under the Performance Bonus Plan(s), above, or any other ONLN Executive incentive plans which may exist at the time of termination and in which the Executive is a participant.
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Executive’s Rights Upon Termination. In the event that Executive's employment at DCXI is terminated for any reason other than (a) Death, (b) Disability, (c) Cause, (d) voluntary resignation by Executive not constituting Constructive Termination, or (e) the expiration of the term of his Agreement, DCXI will pay to Executive Base Compensation for a period continuing three (3) years after the date of termination. In addition, DCXI will fully vest all stock options and restricted stock awards previously granted by DCXI to Executive and fully vest and immediately pay to Executive any accrued award earned by Executive under the Performance Bonus Plan(s), above, or any other DCXI Executive incentive plans which may exist at the time of termination and in which the Executive is a participant. Base Compensation payments shall be made when payments would otherwise have been made to Executive if he were still employed by DCXI, except in such cases where a different payment schedule is provided for in other Company-sponsored plans or programs. In the event the Executive's employment at DCXI is terminated for Death, Disability, Cause, voluntary resignation not constituting Constructive Termination, or upon expiration of the term of this Agreement, Executive shall be entitled to all benefits under this Agreement, including base salary, performance and incentive bonuses for eighteen (18) months after such event. Stock options vested to date of termination may be exercised at any time during the eighteen (18) months period following termination and may be exercised by the estate of the Executive in the event of his death during the same time period. Should the Executive exercise his option to terminate his Executive Employment voluntarily after June 30, 2000, the Company shall continue to employ the Executive as an advisor and consultant ("Consulting Employment") for a period of five years. During the period of Consulting Employment, the Executive shall at all reasonable times, to the extent his physical and mental condition permits, be available to consult with and advise the Company's officers, directors, representatives and clients. In addition to all other forms of compensation otherwise conferred in this Agreement, the Company shall pay to the Executive during the period of Consulting Employment, a minimum annual compensation equal to one half of the average annual salary paid to him during the last thirty six month period of his Executive Employment subject to increase from time to time at the discreti...
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Executive’s Rights Upon Termination. Other than For Cause or ----------------------------------------------------------- Breach. During the term of this Agreement, if the Company terminates Executive ------ other than for Cause, death or Executive terminates her employment hereunder because the Company shall fail in any material respect to observe or perform any covenant or agreement in this Agreement to be observed or performed by the Company, then
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Executive’s Rights Upon Termination. (a) Subject to the next sentence of this 3.2(a) and also to the provisions of 3.2(b), upon termination of the Executive's employment pursuant to 3.1(a) [death] or 3.1(b) [disability], the Company shall have no further obligation to the Executive under this Agreement except to distribute to the Executive or to the Executive's estate or designated beneficiary the Executive 's appropriately pro-rated salary and Bonus, if any, due pursuant to Section 1.3 hereof. If the Executive's employment is terminated pursuant to 3.1(b) hereof (disability), the Company shall pay the Executive, in respect of the first six (6) months following termination, the shortfall (if any) between (i) the amount in respect of such six (6) months the Executive is entitled to receive under any long-term disability insurance policy in favor of the Executive which may be maintained by and at the cost and expense of the Company and (ii) the total of what the Executive would have been paid as salary and Bonus by the Company in respect of such six (6) month period if the Executive's employment had not been so terminated.
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Executive’s Rights Upon Termination 
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Related to Executive’s Rights Upon Termination

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

  • Rights Upon Termination of Employment The terms which regulate the treatment of the International Participant's Restricted Stock Units upon termination of employment are set out in the Plan and in the Award Documents. In summary, upon the International Participant's termination of employment for any reason other than death, Disability or Retirement, any unvested Restricted Stock Units shall be forfeited and cancelled on the date of such termination of employment.

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • PAYMENTS AND BENEFITS UPON TERMINATION (a) If within eighteen (18) months after a Change in Control, the Company terminates Employee's employment other than by reason of Employee's death, Disability, Retirement or for Cause, or if Employee terminates Employee's employment for Good Reason, then the Employee shall be entitled to the following payments and benefits:

  • Payments Upon Termination of Employment (a) If Executive’s employment with the Company is terminated by reason of:

  • Certain Benefits Upon Termination Executive’s employment shall be terminated upon the earlier of (i) the voluntary resignation of Executive with or without Good Reason; (ii) Executive’s death or permanent disability; or (iii) upon the termination of Executive’s employment by LTC for any reason at any time. In the event of such termination, the below provisions of this Section 6 shall apply, and in the event of a Change in Control, whether or not Executive’s employment is terminated thereby, Section 6(b) shall apply.

  • Duties Upon Termination Upon termination of this Agreement for any reason, the Contractor shall upon receipt of all sums due and owing, promptly deliver the following in accordance with the directions of the Company:

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Payments Upon Termination (a) In the event the Employee’s employment is terminated pursuant to Section 4.1, Section 4.2, Section 4.4 or Section 4.6, the Company shall pay to the Employee the compensation and benefits otherwise payable to him or her under Sections 3.1 and 3.4 through the last day of his or her actual employment by the Company.

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