Communication Regarding Termination Of Employment Sample Clauses

Communication Regarding Termination Of Employment. Vesting And Lapse Of ----------------------------------------------------------------------- Restrictions. Bio-Vascular shall promptly notify Vital Images of the ------------ termination of employment of any Bio-Vascular Employee holding Vital Images Options or restricted shares of Vital Images Common Stock and of any amendment to an Adjusted Bio-Vascular Option held by a Bio-Vascular Employee holding a related Vital Images Option. Vital Images shall promptly notify Bio-Vascular of the termination of employment of any Vital Images Employee holding an Bio-Vascular Option or restricted shares of Bio- Vascular Common Stock and of any amendment to a Vital Images Option held by a Vital Images Employee holding a related Adjusted Bio-Vascular Stock Option. Such notices with respect to termination shall specify the date of termination, the reason for termination (e.g. for cause, without cause, upon a change of control, etc.), whether the termination is with or without written consent and the impact that such termination has on any outstanding grant or award of options on restricted shares. Such notices with respect to amendments to an Adjusted Bio-Vascular Option or a Vital Images Option shall specify the amendment, the name of the Bio-Vascular Employee or Vital Images Employee, as applicable, and such other information as the other party shall reasonably require. Bio-Vascular agrees that each Adjusted Bio- Vascular Option held by a Vital Images Employee whose related Vital Images Option is amended following the Distribution Date shall be deemed amended and shall be amended to the same extent as the related Vital Images Option without further action. Vital Images agrees that each Vital Images Option held by a Bio-Vascular Employee whose related Adjusted Bio-Vascular Option is amended following the Distribution Date shall be deemed amended and shall be amended to the same extent as the related Adjusted Bio-Vascular Option without further action.
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Communication Regarding Termination Of Employment. Agritope shall notify Epitope of the termination of employment of any Agritope Employee holding an Existing Epitope Option within ten days of such termination. Such notice with respect to termination shall specify the date of termination, whether the termination was for cause or came as a result of retirement, and such other information as Epitope shall reasonably request.
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Related to Communication Regarding Termination Of Employment

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. A termination of employment due to the Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Notice of Termination of Employment Except where local law prohibits enforcement or you resign for Good Reason under the terms of the Plan, you agree that if you voluntarily resign you will give at least six months’ written notice to the Company of your voluntary Termination, which may be working notice or non-working notice at the Company’s sole discretion and which notice period is waivable by the Company at the Company’s sole discretion. This notice period provision supersedes any conflicting notice period provision contained in the award agreements governing your prior long-term incentive awards awarded under the Plan. [SECTION 6 TO BE INSERTED AT DISCRETION OF THE COMMITTEE OR ITS DELEGATE]

  • Termination of Employment Generally In the event the Executive’s employment with the Company terminates, for any reason whatsoever including death or disability the Executive shall be entitled to the benefits described in this Section 2.2.

  • Effect of Termination of Employment The provisions of this Section 6 shall apply in the event of termination of Executive’s employment, pursuant to Section 5, or otherwise.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Meaning of Termination of Employment For all purposes of this Agreement, Executive shall be considered to have terminated employment with the Company when Executive incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code; provided, however, that whether such a separation from service has occurred shall be determined based upon a reasonably anticipated permanent reduction in the level of bona fide services to be performed to no more than 25% of the average level of bona fide services provided in the immediately preceding 36 months.

  • Termination of Employment The Executive’s employment hereunder shall terminate under the following circumstances:

  • Termination of Employment Relationship 3.1 The Executive’s employment with the Company shall automatically terminate, and the Employment Term shall thereupon terminate:

  • TERMINATION OF EMPLOYMENT; EFFECT OF TERMINATION (a) The Term of Employment may be terminated by the Company at any time:

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