Termination by Reason Clause Samples
Termination by Reason of Lessee Default or Non-Performance. This Agreement may be terminated at the option of Lessor without further notice if (i) Lessee fails to make a payment required by Section V and such breach continued uncured for a period of ten (10) consecutive days after written notice of such breach; (ii) Lessee does not commence transmission over the Modified Station within one (1) year after the FCC grants the Modification Application unless such failure is beyond Lessee's reasonable control.
Termination by Reason of the Executive’s Death or Disability or as a Result of Delivery of
Termination by Reason of the Employee's Death or Disability. If, prior to the expiration of the Employment Period, the Employee's employment is terminated by the Employee's death or Disability pursuant to Section 4.3, (a) The Company shall pay to the Employee, or in the case of the Employee's death, to the estate of the Employee, the severance and medical and dental benefits (as described in Section 5.1c) for a nine (9) month period.
Termination by Reason of the Employee's Death or Disability. If, prior to the expiration of the Employment Period, the Employee's employment is terminated by the Employee's death or Disability pursuant to Section 4.3,
(a) The Company shall pay to the Employee, or in the case of the Employee's death, to the estate of the Employee, the severance and medical and dental benefits (as described in Section 5.1c) for a twelve (12) month period.
(b) All options to purchase shares of capital stock of the Company previously granted to the Employee pursuant to any stock option plan with the Company which have not vested at such time shall immediately vest and become fully exercisable in accordance with their terms, and shall remain exercisable for a period of one hundred eighty (180) days following the Date of Termination.
Termination by Reason of the Employee’s Death or Disability. If, prior to the expiration of the Employment Period, the Employee’s employment is terminated by the Employee’s death or Disability pursuant to Section 4.3, the Company shall pay to the Employee, or in the case of the Employee’s death, to the estate of the Employee, twenty-four (24) months of his salary in effect on the Date of Termination in one-lump sum amount within sixty (60) days after the Date of Termination, plus medical and dental benefits (as described in Section 5.1(c)).
Termination by Reason of Voluntary Termination by ▇▇▇▇▇▇ (other than by reason of Retirement) or Termination by the Company for Cause. If the Holder’s employment with the Company or one of its Subsidiaries is terminated voluntarily by the Holder for any reason other than Retirement or is terminated by the Company or one of its Subsidiaries for Cause before the Vesting Date, the Holder will forfeit the Award as of the date of termination. The Company and its Subsidiaries will not have any further obligations to the Holder under this Agreement as to any shares of Stock subject to the Award that are forfeited as provided herein; the Holder will not be entitled to any portion of the Award on a pro rata basis (or otherwise) as of the date of termination; and the Company and its Subsidiaries will not be liable to provide any replacement benefit or compensation in lieu of such forfeiture.