Common use of Termination By Company For Any Other Reason Clause in Contracts

Termination By Company For Any Other Reason. In the event that Executive's employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this Agreement, any and all unvested Options shall automatically be cancelled and forfeited by Executive as of the date of such termination and the Company shall pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

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Termination By Company For Any Other Reason. including a Change of Control or by Executive for Good Reason. In the event that Executive's ’s employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this AgreementAgreement or by Executive for Good Reason any and, any and all unvested Options shall automatically be cancelled and forfeited by Executive as of the date of such termination (except as provided by Section 3.4 with respect to a Change of Control), vested Options shall remain exercisable for the Options Exercise Period and the Company shall pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

Termination By Company For Any Other Reason. In the event that Executive's ’s employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this Agreement, any and all unvested Options shall automatically be cancelled and forfeited by the Executive as of the date of such termination and the Company shall pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

Termination By Company For Any Other Reason. In the event that Executive's employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this Agreement, any and all unvested Options shall automatically be cancelled and forfeited by the Executive as of the date of such termination and the Company shall pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

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Termination By Company For Any Other Reason. including a Change of Control or by Executive for Good Reason. In the event that Executive's ’s employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this AgreementAgreement or by Executive for Good Reason, then any and all unvested Options shall automatically be cancelled and forfeited by Executive as of the date of such termination (except as provided by Section 3.4 with respect to a Change of Control), vested Options shall remain exercisable for the Options Exercise Period and the Company shall pay to Executiveshall:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

Termination By Company For Any Other Reason. including a Change in Control or by Executive for Good Reason. In the event that Executive's ’s employment hereunder is terminated by the Company prior to the expiration of the Term for any reason other than as provided in Sections 4.2, 4.3 or 4.4 of this AgreementAgreement or by Executive for Good Reason any and, any and all unvested Options shall automatically be cancelled and forfeited by Executive as of the date of such termination (except as provided by Section 3.4 with respect to a Change in Control), vested Options shall remain exercisable for the Options Exercise Period and the Company shall pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Nephros Inc)

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