Upon termination of the Executive s employment for any reason, the Executive, for the twelve (12) month period following the Notice of Termination, shall not, on his own behalf or on behalf of any person or entity, directly or indirectly solicit or aid in the solicitation of any employees of the Company to leave their employment. In the event the Executive violates the terms of Section 7(a) or this Section 7(b), the Employee shall forfeit the right to all salary and benefits that the Executive and/or his family members were otherwise entitled pursuant to the terms of Section 3. Also, in the event that this Section 7 is determined to be unenforceable in part, it shall be construed to be enforceable to the maximum extent permitted by law.
Upon termination of the Executive s employment he will forthwith return all documents or other carriers of information in his possession, custody or control which contain records of such information and all property in the Executive's possession, custody or control belonging to the Company and/or any Group Companies or its or their customers or suppliers. This restriction shall apply without limit in point of time but shall cease to apply to information or knowledge which shall come (otherwise than by breach of this Clause) into the public domain.
Upon termination of the Executive s employment and the Employment Period for any reason, the Company shall compensate the Executive (or, in the event of the Executive’s death, his surviving spouse, if any, or his estate) for: (a) accrued but unused vacation time, (b) any Base Salary earned but unpaid for services rendered to the Company on or prior to the date of termination, (c) any accrued and unpaid bonus earned or awarded to the Executive, (d) except in the case of a termination under Section 3.1.4 (termination for Cause) or 3.1.7 (voluntary termination by the Executive without Good Reason), an amount equal to a pro rata portion of the current year’s Target Bonus based on the portion of the year expired as of the date of termination, and (e) unreimbursed business expenses in accordance with the Company’s expense reimbursement policy in effect at the time the expenses were incurred, all without regard to the performance by the Executive of further services or the resolution of any contingency, but subject to any and all rights, remedies and claims of the Company against the Executive. These amounts will be paid in a lump-sum within thirty (30) days after termination.
Upon termination of the Executive s employment, the Executive will be entitled to payment in respect of any accrued unused holiday entitlement, except where the Executive's employment is terminated by the Company for misconduct or gross misconduct, in which case only accrued unused statutory holiday will be paid.
Upon termination of the Executive s relationship with -------- the Company, the Executive shall deliver to the Company any property of the Company or materials related to Inventions which may be in the Executive's possession including products, materials, memoranda, notes, records, reports, or other documents or photocopies of the same.
Upon termination of the Executive s employment for any reason, any portion of the Option which is not exercisable as of the date of such termination shall be automatically forfeited as of the date of such termination. Upon termination of the Executive's employment by the Company for Cause (as defined in the Employment Agreement), any unexercised portion of the Option (whether exercisable or not exercisable) shall be automatically forfeited as of the date of such termination.
Upon termination of the Executive s employment, the Executive hereby agrees that the Executive shall automatically be treated as having resigned from any offices or positions related to the Company or any of its affiliates.
