TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) The Term of Employment may be terminated by the Company at any time:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) Executive's employment hereunder may be terminated at any time upon written notice from the Company to Executive:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) Executive’s employment hereunder shall terminate upon the first to occur of the following:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) The Employee's employment hereunder may be terminated at any time upon written notice by the Company, upon the occurrence of any of the following events:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) The Company may terminate this Agreement and Employee’s employment at any time for “cause.” For purposes hereof, “
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. If the Grantee's employment with the Company terminates for any reason, the Company shall have the right to purchase the Option from the Executive within thirty (30) days following the Termination Date (as defined in the Employment Agreement), at the Fair Market Value of the Option on the Termination Date. If the Company does not elect to purchase the Option from the Executive in accordance with the preceding sentence, the Option, to the extent then exercisable, shall remain exercisable for a period of sixty (60) days following the Termination Date, except as provided in Sections 9 and 10; provided, however, that no part of the Option shall be exercisable after the expiration of the Option pursuant to Paragraph 4 hereof. Notwithstanding the foregoing, the Grantee hereby acknowledges and agrees that in accordance with Section 10 of the Plan, all or part of the Option granted hereunder may be forfeited upon his or her termination of employment with the Company as set forth in the Employment Agreement.
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. Section 6 of the Employment Agreement is hereby amended as follows:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. Xxxxxxx’x compensation hereunder and any and all other rights of Xxxxxxx under this Agreement or otherwise as an employee of the Company will terminate:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) This Agreement and Executive's employment hereunder shall be terminated:
TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION. (a) Either Industrialex or Employee may terminate the Employee's employment hereunder at any time upon giving thirty (30) days prior written notice to the other party. If Employee voluntary terminates his employment, Employee shall not be entitled to any amounts or benefits hereunder other than the portion of Employee's annual salary and reimbursement of expenses pursuant to Section 4 hereof as has accrued through the date of his termination of employment. If Industrialex terminates the Employee's employment hereunder without justifiable cause, as hereinafter provided, Employee's rights shall be those set forth in Section 8(h).
