Examples of Discharge Without Cause in a sentence
Base Salary Continuation Period following Discharge Without Cause or Termination With Good Reason: 24 months.
Employee shall be entitled to receive payment on account of cash bonus program grants payable with respect to the period of time set forth on Schedule 1 from the date of Discharge Without Cause or termination by Employee with Good Reason, as if there had been no termination of employment (assuming full achievement of performance targets, and prorated for the period from the beginning of the calendar year following the year in which employment terminated through the end of such period of time).
Employee shall continue to receive cash or shares, as the case may be, on account of any cash bonus program and restricted stock grants which would have vested within the period of time set forth on Schedule 1 from the date of Discharge Without Cause or termination by the Employee with Good Reason, as if there had been no termination of employment (assuming full achievement of performance targets).
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Cash Bonus Programs and Restricted Stock Plan Grants Continued Vesting Period following Discharge Without Cause or Termination With Good Reason: 12 months.