Involuntary Termination by the Company. The Company shall be entitled to terminate Consultant’s Services under this Agreement upon Consultant’s material breach of any material provision of this Agreement.
Involuntary Termination by the Company. Without Cause or Termination by the Executive for Good Reason. If the Executive is involuntarily terminated by the Company without Cause in accordance with Section 5(e) above or the Executive terminates his employment for Good Reason in accordance with Section 5(f) above, the Executive shall be entitled, in lieu of any other payments or benefits, subject to Section 7(b) hereof, to any Accrued Obligations and the following:
Involuntary Termination by the Company. The Company shall be entitled to terminate your Consulting Services under this Agreement upon your material breach of any material provision of this Agreement. Upon any termination of your Consulting Services by the Company in accordance with the previous sentence, the Company will pay only those Consulting Fees earned and expenses incurred through and including the effective date of such termination and the Company shall thereafter have no further obligations to you under this Agreement.
Involuntary Termination by the Company. The Company may terminate -------------------------------------- the Executive's employment, as provided under this Agreement, at will, at any time, by notifying the Executive in writing of its intent to terminate at least thirty (30) calendar days prior to the effective date of such termination. The termination automatically shall become effective upon the expiration of the notice period, and the Executive shall receive the benefits provided below in this Paragraph 6.5. The failure to reelect the Executive to any one or more of the positions of Chairman of the Board, President, or Chief Executive Officer of the Company or the Parent shall be treated as an involuntary termination of the Executive's employment. Such termination shall become effective upon the earliest expiration of the Executive's term as Chairman of the Board, President, or Chief Executive Officer of the Company or the Parent, and the Executive shall receive the benefits provided below in this Paragraph 6.5. Additionally, if (i) either the - Company or the Parent materially breaches any obligation to the Executive hereunder and does not cure such breach within 30 days of receipt of notice form the Executive or (ii) the Company delivers a notice to the Executive pursuant to -- Section 1 stating that the Company does not wish to have the term of the Agreement automatically extended (a "Nonrenewal Notice"), then, in either case, the Executive may elect, by written notice to the Company within 90 days thereafter (the "Elective Termination Notice"), to treat the Nonrenewal Notice as an involuntary termination of his employment with the Company effective as of the date the Elective Termination Notice is sent by the Executive in accordance with the provision of Section 10.2 hereof. In any such event, the Executive shall receive the benefits provided below in this Paragraph 6.5. Upon the effective date of any such termination described in this Paragraph 6.5, the Company shall pay to the Executive all benefits which the Executive has a vested right to at that time. This shall include Base Salary (at the rate then in effect as provided in Paragraph 4.1 herein), accrued vacation pay, unreimbursed business expenses, and all other items earned by and owed to the Executive through and including the Effective Date of Termination. The Executive also shall receive a bonus for that year equal to the product of (i) the Bonus - Payment Amount and (ii) a fraction, the numerator of which is the number of full -...
Involuntary Termination by the Company. If 100% of the Target earnings levels for 2000 and 75% of such Target earnings levels for 2001 related to the Initial Options have not been achieved on a cumulative basis through September 30, 2001, then the Company may, by written notice to the Executive delivered as soon as practicable after such third quarter 2001 results have been reviewed by the Board or the appropriate committee thereof (but in all events prior to December 31, 2001), terminate the Executive's employment effective as of December 31, 2001. Upon the effective date of any termination described in this Section 6.3, the Company shall pay to the Executive all compensation and benefits to which the Executive has a vested right at that time. Also, as severance pay, the Company shall pay the Executive a lump sum amount equal to the sum of (i) an amount equal to the Executive's Base Salary and (ii) the annual bonus that would have been payable to the Executive for 2002 in accordance with Section 4.2 assuming that target levels of earnings are achieved. With the exception of the covenants contained in Section 7 herein (which shall survive such termination), and with the exception of the payments and benefits described in this Section 6.3, the Company and the Executive thereafter shall have no further obligations under this Agreement.
Involuntary Termination by the Company. If the Company terminates your employment under circumstances not involving Cause and you execute and do not revoke an agreement and release satisfactory to MSCI within 55 days following termination of your employment, your unvested Options will time vest on the date immediately following the end of the applicable revocation period. The Options shall price vest by tranche if the price vesting conditions set forth for each tranche in Section 2(c) are satisfied by the later of (a) 90 days following the fifth anniversary of the Grant Date or (b) 90 days following the termination date. Vested Options will remain exercisable until the Expiration Date.
