Common use of Termination by the Employer Without Cause Clause in Contracts

Termination by the Employer Without Cause. If the Employer shall terminate the Employee's employment during the Term and prior to a Change in Control, without Cause (and not for Disability or in connection with the Employee's death), the Employer shall pay the Employee his Base Salary throughout the remaining Term and annual bonuses during the remaining Term, each of which bonuses shall be equal to one-half (1/2) times the average annual bonus paid to the Employee during the most recent five (5) calendar years of the Employee's employment by any of the Companies (prorated for any partial years in the remaining Term).

Termination by the Employer Without Cause. If the Employer shall terminate the Employee's employment during the Term and prior to a Change in Control, without Cause (and not for Disability or in connection with the Employee's death), the Employer shall pay the Employee his Base Salary throughout the remaining Term and annual bonuses during the remaining Term, each of which bonuses shall be equal to one-half (1/2) times the average annual bonus paid to the Employee during the most recent five (5) calendar years of the Employee's employment employ ment by any of the Companies (prorated for any partial years in the remaining Term).

Termination by the Employer Without Cause. If the Employer shall terminate the Employee's ’s employment during the Term and prior to a Change in Control, without Cause (and not for Disability or in connection with the Employee's ’s death), the Employer shall pay the Employee his Base Salary throughout the remaining Term and annual bonuses during the remaining Term, each of which bonuses shall be equal to one-half (1/2) times the average annual bonus paid to the Employee during the most recent five (5) calendar years of the Employee's ’s employment by any of the Companies (prorated for any partial years in the remaining Term).

Termination by the Employer Without Cause. If the Employer shall terminate the Employee's ’s employment during the Term and prior to a Change in Control, without Cause (and not for Disability or in connection with the Employee's ’s death), the Employer shall pay the Employee his Base Salary throughout the remaining Term and annual bonuses during the remaining Term, each of which bonuses shall be equal to one-half (1/2) times either (i) the average annual bonus paid to the Employee during the most recent five (5) calendar years of the Employee's ’s employment by any of the Companies Company or such shorter period during which Employee has been employed, if less than five (5) years (prorated for any partial years in the remaining Term), or (ii) $137,500 if Employee is terminated under this Section 9.2 prior to receiving a bonus.