With Cause or Without Good Reason. If the Officer’s employment with the Company is terminated by the Company for Cause or if the Officer terminates employment with the Company without Good Reason, the Company shall pay the Officer’s base salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings, and the Company shall thereafter have no further obligations to the Officer under this Agreement.
Appears in 4 contracts
Samples: Control Severance Benefit Agreement, Control Severance Benefit Agreement (Sophiris Bio Inc.), Officer Change in Control Severance Benefit Agreement (Sophiris Bio Inc.)
