Common use of Payments Upon Termination Clause in Contracts

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant to

Appears in 4 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

AutoNDA by SimpleDocs

Payments Upon Termination. (a) In the event the Employee’s 's employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s 's employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s 's employment is terminated by the Company pursuant to

Appears in 2 contracts

Samples: Employment Agreement (Parthusceva Inc), Employment Agreement (Parthusceva Inc)

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him her under Section 3 through the last day of his her actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by the Parent shall accelerate in full.

Appears in 2 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by the Parent shall accelerate in full.

Appears in 2 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by Parent shall accelerate in full.

Appears in 2 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by the Company shall accelerate in full.

Appears in 2 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

Payments Upon Termination. (a) In the event the Employee’s employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him her under Section 3 through the last day of his her actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s employment is terminated by the Company pursuant to

Appears in 2 contracts

Samples: Employment Agreement (Ceva Inc), Employment Agreement (Ceva Inc)

AutoNDA by SimpleDocs

Payments Upon Termination. (a) In the event the Employee’s 's employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s 's employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s 's employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by the Parent shall accelerate in full.

Appears in 1 contract

Samples: Employment Agreement (Parthusceva Inc)

Payments Upon Termination. (a) In the event the Employee’s 's employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him her under Section 3 through the last day of his her actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s 's employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s 's employment is terminated by the Company pursuant to

Appears in 1 contract

Samples: Employment Agreement (Parthusceva Inc)

Payments Upon Termination. (a) In the event the Employee’s 's employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him her under Section 3 through the last day of his her actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s 's employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s 's employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by the Parent shall accelerate in full.

Appears in 1 contract

Samples: Employment Agreement (Parthusceva Inc)

Payments Upon Termination. (a) In the event the Employee’s 's employment is terminated by the Company pursuant to Section 4.1 or Section 4.3 or by the Employee pursuant to Section 4.4, the Company shall pay to the Employee the compensation and benefits otherwise payable to him under Section 3 through the last day of his actual employment by the Company, including, but not limited to, any bonus awarded prior to the date of termination that is attributable to the period of employment, even if such bonus is payable after the date of termination. Notwithstanding the date of termination of actual employment of the Employee, in the event that the Employee’s 's employment is terminated by the Employee pursuant to Section 4.4, the Employee shall be entitled to compensation and benefits hereunder through the termination of the notice period. In addition, in the event that the Employee’s 's employment is terminated by the Company pursuant toto Section 4.3, the vesting of any options granted to the Employee by Parent shall accelerate in full.

Appears in 1 contract

Samples: Employment Agreement (Parthusceva Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.