Common use of Termination for Cause; Resignation Clause in Contracts

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a Resignation, the Accrued Obligations shall be paid to the Executive in accordance with paragraph (d) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their terms. Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a ResignationResignation (other than a Resignation under paragraph C of this Section VIII), Base Salary and any Incentive Compensation Awards earned but unpaid as of the Accrued Obligations shall date of such termination will be paid to the Executive in accordance with paragraph (d) belowa lump sum. Outstanding Each outstanding stock options and other equity awards held by the Executive as of the date of termination shall will be treated in accordance with their its terms. Except as provided in this paragraph, the Company shall Cendant will have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's ’s employment terminates due to a Termination for Cause or a Resignation, the Accrued Obligations shall be paid to the Executive in accordance with paragraph (d) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their terms. Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a Resignation, Base Salary and any Annual Bonus earned but unpaid as of the Accrued Obligations date of such termination shall be paid to the Executive in accordance with paragraph (d) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their terms. Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's ’s employment terminates due to a Termination for Cause or a Resignation, the Accrued Obligations shall be paid to the Executive in accordance with paragraph (d) belowthe terms hereof. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their terms. Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a Resignation, Base Salary and any Incentive Compensation Awards earned but unpaid as of the Accrued Obligations shall date of such termination will be paid to the Executive in accordance with paragraph (d) belowa lump sum. Outstanding Each outstanding stock options and other equity awards held by the Executive as of the date of termination shall will be treated in accordance with their its terms. Except as provided in this paragraph, the Company shall Cendant will have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a Resignation, Base Salary and any Incentive Compensation Awards earned but unpaid as of the Accrued Obligations date of such termination shall be paid to the Executive in accordance with paragraph (d) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their termsterms (except as provided in paragraph (a) above). Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's employment terminates due to a Termination for Cause or a Resignation, the Accrued Obligations shall be paid to the Executive in accordance with paragraph (de) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their terms. Except as provided in this paragraph, the Company shall have no further obligations to the Executive hereunder.

Termination for Cause; Resignation. If the Executive's ’s employment terminates due to a Termination for Cause or a Resignation, Base Salary and any Incentive Compensation Awards earned but unpaid as of the Accrued Obligations shall date of such termination will be paid to the Executive in accordance with paragraph (d) below. Outstanding stock options and other equity awards held by the Executive as of the date of termination shall be treated in accordance with their termsa lump sum. Except as provided in this paragraphparagraph (and except for any remaining obligations under any then applicable employee benefit, stock option, restricted stock or similar plan (and any agreements entered into in connection therewith) and except as provided in Section XV below) the Company shall and its subsidiaries and affiliates will have no further obligations to the Executive hereunder.