Common use of Payments Due Upon Termination Clause in Contracts

Payments Due Upon Termination. In the event Executive’s employment is terminated pursuant to Section 6(d) or (e) above, then (i) any unvested Options held by Executive shall immediately vest, (ii) GEEKS ON CALL shall continue pay to Executive his base salary as in effect on the date of termination for a period of twelve (12) months and (iii) GEEKS ON CALL shall reimburse Executive for the costs of obtaining comparable medical benefits for twelve (12) months, unless Executive obtains other employment which provides for comparable medical benefits as Executive received while employed by GEEKS ON CALL. In the event Executive’s employment is terminated for any other reason, then Executive shall be entitled to receive his base salary though the effective date of termination and GEEKS ON CALL shall reimburse Executive for any reasonable expenses previously incurred for which Executive had not been reimbursed prior to the termination of employment. Executive acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Executive shall, if requested by GEEKS ON CALL, sign and agree to be bound by a general release of claims against GEEKS ON CALL related to Executive’s employment (and termination of employment) with GEEKS ON CALL in such form as GEEKS ON CALL may deem appropriate. Upon Executive’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with GEEKS ON CALL.

Payments Due Upon Termination. In the event Executive’s employment is terminated pursuant to Section 6(d) or (e) above, in years one through three of the agreement, then (i) any unvested Options stock options held by Executive shall immediately vest, (ii) GEEKS ON CALL the Company shall continue pay to Executive his base salary as in effect on the date of termination for a period of twelve (12) months and (iii) GEEKS ON CALL the Company shall reimburse Executive for the costs of obtaining comparable medical benefits for twelve (12) months, unless Executive obtains other employment which that provides for comparable medical benefits as Executive received while employed by GEEKS ON CALLthe Company. In the event Executive’s employment is terminated pursuant to Section 6(d) above, in years four and subsequent years of the agreement, then (i) any unvested stock options held by Executive shall immediately vest, (ii) the Company shall continue pay to Executive his base salary as in effect on the date of termination for a period of six (6) months and (iii) the Company shall reimburse Executive for the costs of obtaining comparable medical benefits for six (6) months, unless Executive obtains other employment that provides for comparable medical benefits as Executive received while employed by the Company. In the event Executive’s employment is terminated for any other reason, then Executive shall be entitled to receive his base salary though Base Salary through the effective date of termination and GEEKS ON CALL the Company shall reimburse Executive for any reasonable expenses previously incurred for which Executive had not been reimbursed prior to the termination of employment. Executive acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Executive shall, if requested by GEEKS ON CALLthe Company, sign and agree to be bound by a general release of claims against GEEKS ON CALL the Company related to Executive’s employment (and termination of employment) with GEEKS ON CALL the Company in such form as GEEKS ON CALL the Company may deem appropriate. Upon Executive’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with GEEKS ON CALLthe Company.

Payments Due Upon Termination. In the event Executive’s employment is terminated pursuant to Section 6(d) or (e) above, then (i) any unvested Options held by Executive shall immediately vest, (ii) GEEKS ON CALL shall continue pay to Executive his base salary as in effect on the date of termination for a period of twelve eighteen (1218) months and (iii) GEEKS ON CALL shall reimburse Executive for the costs of obtaining comparable medical benefits for twelve eighteen (1218) months, unless Executive obtains other employment which provides for comparable medical benefits as Executive received while employed by GEEKS ON CALL. In the event Executive’s employment is terminated for any other reason, then Executive shall be entitled to receive his base salary though the effective date of termination and GEEKS ON CALL shall reimburse Executive for any reasonable expenses previously incurred for which Executive had not been reimbursed prior to the termination of employment. Executive acknowledges and agrees that prior to receiving any payments under this Section, and as a material condition thereof, Executive shall, if requested by GEEKS ON CALL, sign and agree to be bound by a general release of claims against GEEKS ON CALL related to Executive’s employment (and termination of employment) with GEEKS ON CALL in such form as GEEKS ON CALL may deem appropriate. Upon Executive’s termination of employment for any reason, upon the request of the Board, he shall resign any memberships or positions that he then holds with GEEKS ON CALL.