Common use of Executive’s Rights Upon Termination Clause in Contracts

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.

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 three 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 18 months after such event. Stock options vested to date of termination may be exercised at any time during the 12 18 months period following termination.

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 three 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 month period following termination.