TERMINATION DUE TO NON-RENEWAL. Subject to the first sentence of Section 10(h), in the event that the Company exercises its right not to renew this Agreement pursuant to Section 2, the Executive shall be entitled to the following benefits:
TERMINATION DUE TO NON-RENEWAL. If this Agreement is terminated pursuant to a notice of Non-Renewal in accordance with Section 2, upon the expiration of this Agreement the Executive shall become a participant in the Executive and Key Employee Severance Plan or its successor plan or plans.
TERMINATION DUE TO NON-RENEWAL. During both the Initial Term and any Renewal Term, either party may allow this Agreement and Executive’s employment hereunder to terminate by notifying the other party of an intention not to renew the Initial Term or a Renewal Term, as applicable, in accordance with the provisions of Section 1 hereof. If Executive notifies the Company of his intention not to renew the Term in accordance with Section 1 and Executive’s employment hereunder thereafter terminates upon the expiration of the Term, then Executive shall be entitled to only the compensation and benefits described in Sections 5.1 and 5.5 hereof. If the Company notifies Executive of its intention not to renew the Term in accordance with Section 1 and Executive’s employment hereunder thereafter terminates upon the expiration of the Term, then Executive shall be entitled to only the compensation and benefits described in Sections 5.1 and 5.7 hereof.
TERMINATION DUE TO NON-RENEWAL. If the Executive’s employment with the Employer terminates due to the Employer’s notice of non-renewal of the Term in accordance with Section 1(a), then the Executive shall be entitled to no compensation or other benefits of any kind whatsoever, other than the Accrued Obligations.
TERMINATION DUE TO NON-RENEWAL. If the Executive’s employment with the Employer terminates due to the Employer’s notice of non-renewal of the Term in accordance with Section 1(a), then the Executive shall be entitled to no compensation or other benefits of any kind whatsoever, other than: (i) the Accrued Obligations; (ii) the Severance Amount, which Severance Amount shall be payable, subject to Section 15, in equal installments over the Severance Period in accordance with the Employer’s normal payroll practices, commencing on the first regular pay date of the Employer that occurs after the Termination Date; and (iii) if the Executive elects COBRA coverage, the Employer shall waive the cost of such coverage (for the Executive and his eligible dependents) during the Severance Period (or such earlier date that COBRA coverage expires). In addition, the Executive shall be permitted to exercise the Executive’s stock options granted to the Executive during the Term (to the extent vested as of the Termination Date) for up to six (6) months following the Termination Date the Accrued Obligations.
TERMINATION DUE TO NON-RENEWAL. Subject to Section 3.2, below, all of the Parties’ obligations under this Agreement terminate upon the non-renewal, for whatever reason and by whatever party, of this Agreement pursuant to Section 1.l, above, effective at the end of the Initial Term or the then current Renewal Term during which such notice of non-renewal is provided pursuant to Section 1.1, above.
TERMINATION DUE TO NON-RENEWAL. In the event that the Employee’s employment is terminated due to non-renewal by the Company in accordance with Section 2(b) hereof, the Employee shall be entitled to receive an amount equal to one-half (1/2) of his Base Salary paid in equal installments in accordance with the normal payroll practices of the Company over a twelve (12) month period.”
TERMINATION DUE TO NON-RENEWAL. If the Executive’s employment with the Employer terminates due to the Employer’s notice of non-renewal of the Term in accordance with Section 1(a), then the Executive shall be entitled to no compensation or other benefits of any kind whatsoever, other than: (i) the Accrued Obligations. In addition, the Executive shall be permitted to exercise the Executive’s stock options granted to the Executive during the Term (to the extent vested as of the Termination Date) for up to six (6) months following the Termination Date. Notwithstanding anything contained herein to the contrary, the Executive shall not be entitled to any Severance under this Section in the event the Executive's salary is reduced and/or her position is changed due to non-performance of the SRAX MD Business Unit in the Employer's sole discretion.
TERMINATION DUE TO NON-RENEWAL. If the Executive’s employment with the Employer terminates due to the Employer’s notice of non-renewal of the Term in accordance with Section 1(a), then the Executive shall be entitled to no compensation or other benefits of any kind whatsoever, other than the Accrued Obligations. Any options held by the Executive at such time (to the extent vested as of the Termination Date) shall be exercisable for the period specified in the Plan as in effect at such time. All unvested Restricted Shares held by the Executive as of the Termination Date shall be forfeited.
TERMINATION DUE TO NON-RENEWAL. If the Executive’s employment with the Employer terminates due to notice of non-renewal of the Term by the Executive or the Employer in accordance with Section 1(a), then the Executive shall be entitled to the Accrued Obligations, plus the Monthly Base Salary Amount multiplied by three (3), provided that if this Agreement has been in effect for at least five (5) years and the Executive’s employment terminates due to notice of non-renewal of the Term by the Employer in accordance with Section 1(a), then the Executive shall be entitled to the Accrued Obligations, plus the Monthly Base Salary Amount multiplied by six (6). In addition, in the case of nonrenewal (regardless of whether the notice was provided by the Executive or the Employer), the Employer shall waive the Executive’s COBRA premium for the first three (3) months following the Termination Date in the event that the Executive elects COBRA coverage, provided that if this Agreement has been in effect for at least five (5) years and the Executive’s employment terminates due to notice of non-renewal of the Term by the Employer in accordance with Section 1(a), the Employer shall waive the Executive’s COBRA premium for the first six (6) months following the Termination Date in the event that the Executive elects COBRA coverage. Any options held by the Executive at such time (to the extent vested as of the Termination Date) shall be exercisable for the period specified in the Plan as in effect at such time. All unvested Restricted Shares held by the Executive as of the Termination Date shall be forfeited.
