Common use of Termination for Any Reason Clause in Contracts

Termination for Any Reason. Upon Executive’s termination of employment with the Corporation for any reason, Executive shall be paid all amounts earned or accrued but unpaid as of the Executive’s termination of employment, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Corporation during the period ending on the date of termination, (iii) pay for unused vacation time, (iv) any bonuses and incentive compensation earned through the date of termination, and (v) reimbursement for any unused amounts deposited in the Corporation’s ESPP.

Appears in 6 contracts

Samples: Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc)

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Termination for Any Reason. Upon Executive’s termination of employment with the Corporation for any reason, Executive shall be paid all amounts earned or accrued but unpaid as of the Executive’s termination of employment, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Corporation Company during the period ending on the date of termination, (iii) pay for unused vacation time, (iv) any bonuses and incentive compensation earned through the date of termination, and (v) reimbursement for any unused amounts deposited in the CorporationCompany’s ESPP.

Appears in 4 contracts

Samples: Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc), Retention Agreement (Hansen Medical Inc)

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Termination for Any Reason. Upon Executive’s termination of employment with the Corporation for any reason, Executive shall be paid all amounts earned or accrued but unpaid as of the Executive’s termination of employment, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Corporation during the period ending on the date Date of terminationTermination, (iii) pay for unused vacation time, (iv) any bonuses and incentive compensation earned through the date Date of terminationTermination, and (v) reimbursement for any unused amounts deposited in the Corporation’s ESPP.

Appears in 1 contract

Samples: Retention Agreement (Hansen Medical Inc)

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