Common use of Other than Cause or Death or Disability Clause in Contracts

Other than Cause or Death or Disability. If the Company terminates Employee’s employment for other than Cause or Death or Disability, or if Employee terminates his employment with Company for Good Reason, this Agreement shall terminate without further obligations to Employee other than (a) the timely payment of Accrued Obligations; (b) upon Employee’s execution, and non-revocation, of a release substantially in the form attached hereto as Exhibit B, payment to Employee of a lump sum equal to the greater of (i) eighteen months of his then current salary, or (ii) the balance of base salary payments for all remaining years of this Agreement, including any renewal term if the Agreement has been renewed prior to the termination, less standard withholdings and other authorized deductions. Furthermore, if the Company terminates Employee’s employment for other than Cause, Death or Disability, or if Employee terminates his employment with Company for Good Reason, the Options, and any other options granted to Employee by the Company during his employment, to the extent outstanding and not previously vested at the time of such termination, shall thereupon vest in full and shall, subject to earlier termination pursuant to Section 4.2 of the Plan, continue to be exercisable for a period of three (3) years after such termination (or such longer period of time if and to the extent permitted under the Option Agreement).

Appears in 1 contract

Samples: Employment Agreement (Gemstar Tv Guide International Inc)

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Other than Cause or Death or Disability. If the Company terminates Employee’s employment for other than Cause or Death or Disability, or if Employee terminates his employment with Company for Good Reason, this Agreement shall terminate without further obligations to Employee other than (a) the timely immediate payment of Accrued Obligations; (b) upon Employee’s execution, and non-revocation, of a release substantially in the form attached hereto as Exhibit B, payment to Employee of a lump sum equal to the greater of (i) eighteen months of his then current salary, or (ii) the balance of base salary payments for all remaining years of this Agreement, including any renewal term if the Agreement has been renewed prior to the termination; and (c) payment to Employee of any remaining guaranteed bonus, less standard withholdings and other authorized deductions. Furthermore, if the Company terminates Employee’s employment for other than Cause, Death or Disability, or if Employee terminates his employment with Company for Good Reason, the Options, and any other options granted to Employee by the Company during his employment, to the extent outstanding and not previously vested at the time of such termination, shall thereupon vest in full and shall, subject to earlier termination pursuant to Section 4.2 of the Plan, shall continue to be exercisable for a period of three (3) years after such termination (or such longer period of time if and to the extent permitted under the Option Agreement)termination.

Appears in 1 contract

Samples: Employment Agreement (Gemstar Tv Guide International Inc)

Other than Cause or Death or Disability. If the Company terminates Employee’s employment for other than Cause or Death or Disability, or if Employee terminates his employment with Company for Good Reason, this Agreement shall terminate without further obligations to Employee other than (a) the timely immediate payment of Accrued Obligations; (b) upon Employee’s execution, and non-revocation, of a release substantially in the form attached hereto as Exhibit B, payment to Employee of a lump sum equal to the greater of (i) eighteen months of his then current salary, or (ii) the balance of base salary payments for all remaining years of this Agreement, including ; and (c) payment to Employee of any renewal term if the Agreement has been renewed prior to the terminationremaining guaranteed bonus, less standard withholdings and other authorized deductions. Furthermore, if the Company terminates Employee’s employment for other than Cause, Death or Disability, or if Employee terminates his employment with Company for Good Reason, the Options, and any other options granted to Employee by the Company during his employment, to the extent outstanding and not previously vested at the time of such termination, shall thereupon vest in full and shall, subject to earlier termination pursuant to Section 4.2 of the Plan, shall continue to be exercisable for a period of three (3) years after such termination (or such longer period of time if and to the extent permitted under the Option Agreement)termination.

Appears in 1 contract

Samples: Employment Agreement (Gemstar Tv Guide International Inc)

Other than Cause or Death or Disability. If the Company terminates Employee’s employment for other than Cause or Death or Disability, or if Employee terminates his employment with Company for Good Reason, this Agreement shall terminate without further obligations to Employee other than (a) the timely payment of Accrued Obligations; (b) upon Employee’s execution, and non-revocation, of a release substantially in the form attached hereto as Exhibit B, payment to Employee of a lump sum equal to the greater of (i) eighteen twelve months of his then current salary, or (ii) the balance of base salary payments for all remaining years of this Agreement, including any renewal term if the Agreement has been renewed prior to the termination, less standard withholdings and other authorized deductions. Furthermore, if the Company terminates Employee’s employment for other than Cause, Death or Disability, or if Employee terminates his employment with Company for Good Reason, the Options, and any other options granted to Employee by the Company or Gemstar-TV Guide during his employment, to the extent outstanding and not previously vested at the time of such termination, shall thereupon vest in full and shall, subject to earlier termination pursuant to Section 4.2 of the Plan, continue to be exercisable for a period of three (3) years after such termination (or such longer period of time if and to the extent permitted under the Option Agreement).

Appears in 1 contract

Samples: Employment Agreement (Gemstar Tv Guide International Inc)

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Other than Cause or Death or Disability. If the Company terminates Employee’s 's employment for other than Cause or Death or Disability, or if Employee terminates his employment with Company for Good Reason, this Agreement shall terminate without further obligations to Employee other than (a) the timely payment of Accrued Obligations; (b) upon Employee’s 's execution, and non-revocation, of a release substantially in the form attached hereto as Exhibit B, payment to Employee of a lump sum equal to the greater of (i) eighteen months of his then current salary, or (ii) the balance of base salary payments for all remaining years of this Agreement, including any renewal term if the Agreement has been renewed prior to the termination; and (c) payment to Employee of any remaining guaranteed bonus, less standard withholdings and other authorized deductions. Furthermore, if the Company terminates Employee’s 's employment for other than Cause, Death or Disability, or if Employee terminates his employment with Company for Good Reason, the Options, and any other options granted to Employee by the Company during his employment, to the extent outstanding and not previously vested at the time of such termination, shall thereupon vest in full and shall, subject to earlier termination pursuant to Section 4.2 of the Plan, continue to be exercisable for a period of three (3) years after such termination (or such longer period of time if and to the extent permitted under the Option Agreement)termination.

Appears in 1 contract

Samples: Employment Agreement (Gemstar Tv Guide International Inc)

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