Termination and Compensation Upon Termination. The Executive’s employment hereunder may be terminated under the following circumstances:
Termination and Compensation Upon Termination. Employee's employment under this Agreement shall terminate:
Termination and Compensation Upon Termination. 3.1 Termination will be deemed to occur as follows:
Termination and Compensation Upon Termination. 5.1 Notice and Date of Termination
Termination and Compensation Upon Termination. Executive’s employment with the Company hereunder may be terminated under the circumstances set forth below and, upon each such specified termination, Executive shall be entitled to the benefits enumerated below; provided, however, that, notwithstanding anything contained herein to the contrary, to the extent required by Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”), Executive shall not be considered to have terminated employment with the Company for purposes of this Agreement until he would be considered to have incurred a “separation from service” from the Company within the meaning of Section 409A.
Termination and Compensation Upon Termination. 5.1 Notice and Date of Termination ------------------------------ (a) Any termination of Executive's Employment by Company or Executive shall be communicated by a written notice to the other party (the "Notice of Termination"). The Notice of Termination shall indicate the specific termination provision in this Agreement that is applicable and is being relied upon, and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Employment under the provision so indicated.
Termination and Compensation Upon Termination. (a) Employer may terminate Employee's employment at any time without Cause (as defined in Section 5(c) below) by giving prior, written notice to Employee. In such case, Employer shall pay to Employee in a lump sum an amount equal to the unpaid balance of Employee's salary, Performance Bonus, accrued vacation and fringe benefits remaining during the Initial Term of the Agreement if the termination takes place during the Initial Term or during the Second Term if the termination takes place during the Second Term. For purposes of calculating the Performance Bonus, if any due to Employee in the event of such a termination, Employer shall apply the Target Plan achievement as of the end of the fiscal year preceding the fiscal year during which the termination becomes effective. All stock options granted but not vested at such time shall immediately become fully vested in Employee. Otherwise, the stock options will be treated as prescribed under Employer's Stock Option Plan and the Stock Option Agreement.
Termination and Compensation Upon Termination. This Agreement may be terminated prior to the Expiration Date only in accordance with the following provisions:
Termination and Compensation Upon Termination. (a) Employer may terminate Employee's employment at any time without Cause (as defined in Section 5(c) below) by giving prior, written notice to Employee. In such case, Employer shall pay to Employee in a lump sum an amount equal to the unpaid balance of Employee's salary, Performance Bonus, accrued vacation and fringe benefits remaining during the Term of the Agreement. For purposes of calculating the Performance Bonus, if any due to Employee in the event of such a termination, Employer shall apply the Target Plan achievement as of the end of the fiscal year preceding the fiscal year during which the termination becomes effective. All stock options granted but not vested at such time shall immediately become fully vested in Employee. Otherwise, the stock options will be treated as prescribed under Employer's Stock Option Plan and the Stock Option Agreement.
Termination and Compensation Upon Termination
