Obligations of the Company Upon Certain Terminations Sample Clauses

Obligations of the Company Upon Certain Terminations. In the event that (i) the Company unilaterally terminates the Executive’s employment other than for Cause, (ii) the Executive terminates employment for Good Reason or (iii) the Executive terminates employment for any reason following a Change in Control, the Company shall pay the Executive the following payments and benefits:
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Obligations of the Company Upon Certain Terminations. 6.5.1 If Employee's employment with the Company is terminated pursuant to Section 6.3 of this Agreement, the Company will pay Employee an amount equal to his Base Salary to which he is entitled for a period of six months following the date of termination of employment in a manner consistent with the Company's then applicable payroll practices, and, notwithstanding anything in this Agreement to the contrary, the Company shall have no further obligations to Employee.
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Obligations of the Company Upon Certain Terminations. (a) Termination without Cause, Non-renewal during Change of Control --------------------------------------------------------------- Period, or Termination with Good Reason. If (1) the Company shall terminate the --------------------------------------- Executive's employment other than pursuant to Section 4.1 or 4.2 (death, Disability or Cause) or (2) the Company shall, after the Change Date, elect not to renew the Term of this Agreement at the expiration of the Initial Term or any Extension Period (other than at the expiration of any such Term ending on or after the last day of the Change of Control Period) or (3) the Executive shall terminate employment for Good Reason:
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Obligations of the Company Upon Certain Terminations. In the event that Bentley's employment with the Company is terminated pursuant to Sections 6.2, 6.4, 6.5 and 6.6 of this Agreement, all Options granted to Bentley by the Company shall immediately vest upon such termination and remain exercisable until the scheduled expiration date of each such Option. The Options shall be subject to the provisions of the specific option agreement currently in effect with regard to each Option grant, provided that, to the extent the provisions of the option agreements are inconsistent with this Section 6.8.1, the Section shall control.
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Obligations of the Company Upon Certain Terminations. Upon termination by the Company without Cause (and not due to Officer’s death or disability) or upon termination by Officer for Good Reason, in addition to any accrued compensation payable through the effective date of termination, the Company shall provide the following to Officer:
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Obligations of the Company Upon Certain Terminations. In the event that Xxxxx'x employment with the Company is terminated pursuant to Sections 6.2, 6.4, 6.5 and 6.6 of this Agreement, all Options granted to Xxxxx by the Company shall immediately vest upon such termination and remain exercisable until the scheduled expiration date of each such Option. The Options shall be subject to the provisions of the specific option agreement currently in effect with regard to each Option grant, provided that, to the extent the provisions of the option agreements are inconsistent with this Section 6.8.1, the Section shall control.
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Obligations of the Company Upon Certain Terminations 
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Obligations of the Company Upon Certain Terminations 
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Related to Obligations of the Company Upon Certain Terminations

  • Obligations of the Company Upon Termination (a) Termination by the Company for Cause or by the Executive other than for Good Reason. If, during the Employment Period, or any Additional Employment Period, the Executive’s employment with the Company is terminated by the Company for Cause or by the Executive other than for Good Reason (and not due to death or Disability), the Company shall have no further payment obligations to the Executive or his legal representatives under this Agreement, other than for:

  • Payments Upon Certain Terminations (i) If Executive’s employment is terminated by Employer Without Cause or Executive terminates his employment for Good Reason, Employer shall pay or provide to Executive as severance payments and benefits the following:

  • Obligations of Company Upon Termination (a) In the event of the termination of Executive's employment pursuant to Section 7 (a), (b), (c) or (e), Executive will be entitled only to the compensation earned by him hereunder as of the date of such termination (plus life insurance or disability benefits if applicable and provided for pursuant to Section 4(c)).

  • Obligations of the Corporation Upon Termination The following provisions describe the obligations of the Corporation to the Executive under this Agreement upon termination of his employment. However, except as explicitly provided in this Agreement, nothing in this Agreement shall limit or otherwise adversely affect any rights which the Executive may have under applicable law, under any other agreement with the Corporation or any of its subsidiaries, or under any compensation or benefit plan, program, policy or practice of the Corporation or any of its subsidiaries.

  • Certain Terminations The termination of any Proceeding or of any claim, issue, or matter therein by judgment, order, settlement, or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal action or Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

  • Obligations of the Employer Upon Termination The following provisions describe the obligations of the Employer to the Executive under this Agreement upon termination of employment. However, except as explicitly provided in this Agreement, nothing in this Agreement shall limit or otherwise adversely affect any rights which the Executive may have under applicable law, under any other agreement with the Employer or any of its affiliates or subsidiaries, or under any compensation or benefit plan, program, policy or practice of the Employer or any of its affiliates or subsidiaries.

  • Obligations of the Company Upon Termination of Employment (a) Expiration of Term, By the Company for Cause or by Executive without Good Reason. If Executive's employment shall be terminated:

  • Release Upon Termination of the Company’s Obligations In the event (i) that the Company delivers to the Trustee an Officer’s Certificate and Opinion of Counsel certifying that all the Obligations under this Indenture, the Notes, the Note Guarantees and the Security Documents have been satisfied and discharged by the payment in full of the Company’s obligations under the Notes, the Note Guarantees, this Indenture and the Security Documents, and all such Obligations have been so satisfied, or (ii) a discharge, Legal Defeasance or Covenant Defeasance of this Indenture occurs under Article 8 or 14, the Trustee at the written request of the Company shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Security Documents, and upon receipt by the Collateral Agent of such notice, the Collateral Agent shall be deemed not to hold a Lien in the Collateral on behalf of the Trustee, and the Trustee shall do or cause to be done, at the Company’s sole cost and expense, all acts reasonably necessary to release such Lien in favor of the Trustee as soon as is reasonably practicable.

  • Certain Terminations of Employment (a) In the event of the termination of your Employment (determined as described in Section 1.2.20 of the Plan) for any reason, all terms and conditions of this Award Agreement shall continue to apply.

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