Common use of Termination of Employment by the Executive Clause in Contracts

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President of Strategic Marketing and Commercialization and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President Chief Executive Officer and Principal Financial Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing Chief Executive Officer and Commercialization Principal Financial Officer of a corporation or corporation, (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Employment Agreement that is not remedied by the Company within 15 days of receipt of notice thereof by the Executive, the Executive may elect to terminate his her employment by notice to the Company (subject to Article IVIV hereof). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "“Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President and Chief Financial Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization Chief Financial Officer of a corporation or corporation, (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation (if applicable) or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his her employment by notice to the Company (subject to Article IVIV hereof). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”"): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice Vice-President for Finance and Chief Financial Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice Vice-President of Strategic Marketing for Finance and Commercialization Chief Financial Officer of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a any of the material term terms of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his her employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”"): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior a Vice President of Strategic Marketing and Commercialization and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization of a corporation Company or (ii) a failure by the Company to provide the Executive with the Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 30 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a any of the material term terms of this Agreement that is not remedied by the Company within 15 30 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of of: (x) the receipt of such notice by the Company and (y) the expiration of the 1530-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”"): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President and General Counsel of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization General Counsel of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a any of the material term terms of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "“Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Executive Vice President and Chief Scientific Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Executive Vice President of Strategic Marketing and Commercialization Chief Scientific Officer of a corporation or corporation, (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation (if applicable) or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his her employment by notice to the Company (subject to Article IVIV hereof). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”"): (i) a material change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President Vice-President, Drug Development of Strategic Marketing and Commercialization the Company and no longer has substantially such responsibilities and authorities authority as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization of a corporation him initially or in substitution therefore with his consent not unreasonably withheld or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a any of the material term terms of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President and General Counsel of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization General Counsel of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice CEO or President of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice CEO or President of Strategic Marketing and Commercialization of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "“Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President Chief Executive Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization Chief Executive Officer of a corporation or (ii) a failure by the Company to provide the Executive with the Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a any of the material term terms of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of of: (x) the receipt of such notice by the Company and (y) the expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”"): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice Vice-President for Research and Chief Scientific Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing president for Research and Commercialization Chief Scientific Officer of a corporation or (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Agreement that is not remedied by the Company within 15 days of notice thereof by the Executive, the Executive may elect to terminate his employment by notice to the Company (subject to Article IV). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).

Termination of Employment by the Executive. (a) If during the Employment Period there should occur any of the following events (each of the following being an event giving the Executive the right to resign for "Good Reason”): (i) a change in the title and/or responsibilities of the Executive, such that the Executive is no longer functionally the Senior Vice President and Chief Scientific Officer of Strategic Marketing and Commercialization the Company and no longer has such responsibilities and authorities as are customarily exercisable by the Senior Vice President of Strategic Marketing and Commercialization Chief Scientific Officer of a corporation or corporation, (ii) a failure by the Company to provide the Executive with Basic Compensation, Incentive Compensation or Benefits, other than a failure that is not in bad faith and is remedied by the Company within 15 days after receipt of notice thereof given by the Executive, or (iii) a breach by the Company of a material term of this Employment Agreement that is not remedied by the Company within 15 days of receipt of notice thereof by the Executive, the Executive may elect to terminate his her employment by notice to the Company (subject to Article IVIV hereof). If the Executive exercises such election, the Employment Period shall terminate effective upon the later to occur of (x) receipt of such notice by the Company and (y) expiration of the 15-day period referred to in Section 3.03(a)(ii) or (iii).