Common use of Special Termination Right Clause in Contracts

Special Termination Right. Executive shall have the right to terminate his employment hereunder upon 90 days prior written notice to Company at any time within 30 days of (a) the occurrence during or after the final year of the initial Term of a Compensation Notice Delinquency or (b) the date on which he is notified pursuant to Section 3.1 hereof of his Base Salary and bonus plan eligibility with respect to any fiscal year of Company commencing after the end of the initial Term of this Agreement. Upon termination of Executive's employment pursuant to this Section, Company shall not be obligated to make any further payments to Executive under this Agreement other than amounts (including salary, bonuses, vacation pay, expense reimbursement, etc.) that have been fully earned by, but not yet paid to, Executive as of Executive's termination.

Special Termination Right. Executive shall have the right to terminate his employment hereunder upon 90 days prior written notice to Company at any time within 30 60 days of (a) the occurrence during or after the final year of the initial Term of a Compensation Notice Delinquency or (b) the date on which he is notified pursuant to Section 3.1 hereof of his Base Salary and bonus plan eligibility with respect to any fiscal year of Company commencing after the end of the initial Term of this Agreement. Upon termination of Executive's employment pursuant to this Section, Company shall not be obligated to make any further payments to Executive under this Agreement other than amounts (including salary, bonuses, vacation pay, expense reimbursement, etc.) that have been fully earned by, but not yet paid to, Executive as of Executive's termination.