Common use of Termination by Corporation Without Cause Clause in Contracts

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit A, to a lump sum severance payment of eighteen (18) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Aacceptable to the Board, to a lump sum severance payment of eighteen (18) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Aacceptable to the Board, to a lump sum severance payment of eighteen twelve (1812) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Arelease acceptable to the Board, or its authorized representative, to a lump sum severance payment of eighteen (18twelve(12) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's ---------------------------------------- employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Arelease acceptable to the Board, or its authorized representative, to a lump sum severance payment of eighteen (18eighteen(18) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set asset forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Aacceptable to the Board, to a lump sum severance payment of eighteen twelve (1812) months salary.

Termination by Corporation Without Cause. The ---------------------------------------- Executive's employment under this Agreement may be terminated at any time by the Board, or its authorized representative, without cause; provided, however, that unless the termination of this Agreement is for "cause," as set forth in Section 7a(1), or pursuant to Sections 7b, 7c, or 9, then, upon such termination, in addition to any benefits that had accrued to the date of termination but in lieu of any rights or benefits that would have accrued following such termination, the Executive shall be entitled, upon execution of a Severance Agreement and Release as provided in Exhibit Arelease acceptable to the Board, or its authorized representative, to a lump sum severance payment of eighteen twelve (1812) months salary.