Common use of Termination Not for Cause or for Good Reason Clause in Contracts

Termination Not for Cause or for Good Reason. If the -------------------------------------------- Optionee's employment is terminated by Resorts or the Company other than for "Cause," or if the Optionee's employment by Resorts or the Company is terminated by the Optionee for "Good Reason," in each case as defined below, the Optionee shall continue to vest in the Option pursuant to the provision of Section 2.2(a) and the Optionee may exercise the vested portion of the Option at any time before the Expiration Date.