Common use of With Cause or Without Good Reason Clause in Contracts

With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.

Appears in 7 contracts

Samples: Executive Employment Agreement (Avid Technology, Inc.), Executive Employment Agreement (Avid Technology, Inc.), Employment Agreement (Avid Technology, Inc.)

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With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company and (iib) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.

Appears in 7 contracts

Samples: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology Inc)

With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Terminationdate Executive’s employment with the Company terminates, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company and (iib) all vesting of all stock options, options and restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights awards then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avid Technology Inc), Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s 's employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s 's employment with the Company terminates.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s 's employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Terminationdate Executive's employment with the Company terminates, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 3.1, any accrued but unused vacation pay and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company Company, and (iib) all vesting Executive shall forfeit the portion of all any stock options, restricted stock awards, options and restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease awards that is not vested as of the date Executive’s employment with the Company terminatesDate of Termination. 4.3.3.

Appears in 1 contract

Samples: Executive Employment Agreement

With Cause or Without Good Reason. If Executive’s 's employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s 's employment with the Company terminates.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.under

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

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With Cause or Without Good Reason. If Executive’s 's employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Terminationdate Executive's employment with the Company terminates, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company and (iib) all vesting of all stock options, options and restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights awards then held by the Executive shall immediately cease as of the date Executive’s 's employment with the Company terminates.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (i) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Termination, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 and any benefits due in accordance with the terms of any applicable benefit plans and programs of the Company and (ii) all vesting of all stock options, restricted stock awards, restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease as of the date Executive’s employment with the Company terminates.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s 's employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Terminationdate Executive's employment with the Company terminates, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 3.1, any accrued but unused vacation pay and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company Company, and (iib) all vesting Executive shall forfeit the portion of all any stock options, restricted stock awards, options and restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease awards that is not vested as of the date Executive’s employment with the Company terminatesDate of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

With Cause or Without Good Reason. If Executive’s employment with the Company terminates pursuant to Section 4.1.3 or Section 4.1.5, (ia) all payments and benefits provided to Executive under this Agreement shall cease as of the Date of Terminationdate Executive’s employment with the Company terminates, except that Executive shall be entitled to any amounts earned, accrued or owing but not yet paid under Section 3.1 3.1, any accrued but unused vacation pay and any benefits due in accordance with the terms of any applicable benefit benefits plans and programs of the Company Company, and (iib) all vesting Executive shall forfeit the portion of all any stock options, restricted stock awards, options and restricted stock unit awards, stock appreciation rights or other equity participation rights then held by the Executive shall immediately cease awards that is not vested as of the date Executive’s employment with the Company terminatesDate of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

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