Termination of Executive. a. If Norlight terminates Executive’s employment without cause before the closing date of the Transaction, it shall pay Executive the Retention Payment at the time specified in paragraph 6, and the Stock Options shall vest on the date of such termination.
Appears in 4 contracts
Samples: Retention Agreement (Norlight Telecommunications, Inc.), Retention Agreement (Norlight Telecommunications, Inc.), Retention Agreement (Norlight Telecommunications, Inc.)
Termination of Executive. a. If Norlight terminates Executive’s employment without cause before the closing date of the Transaction, it shall pay Executive the Retention Payment at the time specified in paragraph 6, and the Stock Options shall vest on the date of such termination.
Appears in 3 contracts
Samples: Retention Agreement (Journal Communications Inc), Retention Agreement (Norlight Telecommunications, Inc.), Retention Agreement (Norlight Telecommunications, Inc.)
