Termination of Employment Clause Example with 17 Variations from Business Contracts

This page contains Termination of Employment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination of Employment. In the event Executive's employment with the Company terminates for any reason, Executive will be entitled to (a) any unpaid Base Salary accrued up to the effective date of termination; (b) pay for any accrued but unused vacation; (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, and (e) any rights to indemnif...ication Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. View More

Variations of a "Termination of Employment" Clause from Business Contracts

Termination of Employment. In the event Executive's If Manager's employment with the Company terminates for any reason, Executive Manager will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) pay for any accrued but unused vacation; (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive Manager; and (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Exe...cutive, Manager. If the IPO is abandoned for any reason, all the provisions of this Agreement will terminate as of the date of such abandonment and (e) any rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive there will be entitled to the amounts and benefits specified in Section 8. no liability of any kind under this Agreement. View More
Termination of Employment. In the event If Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) pay for any accrued but unused vacation; (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive Executive; and (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, Executiv...e. If the IPO is abandoned for any reason, all the provisions of this Agreement will terminate as of the date of such abandonment and (e) any rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive there will be entitled to the amounts and benefits specified in Section 8. no liability of any kind under this Agreement. View More
Termination of Employment. In the event Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) unpaid, but earned and accrued annual incentive for any completed fiscal year as of his termination of employment; (c) pay for any accrued but unused vacation; (c) (d) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive ...(d) reimbursement for any Executive; (e) unreimbursed business expenses required to be reimbursed to Executive, Executive; and (e) any (f) rights to indemnification Executive may have under the Company's Articles Certificate of Incorporation, Bylaws, Bylaws and this Agreement, or separate indemnification agreement, Agreement as applicable. In the event Executive's employment with the Company terminates for any reason (other than Cause), Executive will be entitled to exercise any outstanding vested stock options until the first to occur of: (i) the date that is six (6) months following the later of such termination of employment or the date upon which Executive ceases to be a Service Provider (as defined in the Plan), (ii) the applicable scheduled expiration date of such award (in the absence of any termination of employment) as set forth in the award agreement, or (iii) the ten (10) year anniversary of the award's original date of grant. For purposes of clarity, the term "expiration date" shall be the scheduled expiration of the option agreement and not the period that Executive shall be entitled to exercise such option. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Cause, Executive will be entitled to the amounts and benefits specified in Section 8. 7. View More
Termination of Employment. In the event Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) unpaid, but earned and accrued annual incentive for any completed fiscal year as of his termination of employment; (c) pay for any accrued but unused vacation; (c) (d) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive ...(d) reimbursement for any Executive; (e) unreimbursed business expenses required to be reimbursed to Executive, Executive; and (e) any (f) rights to indemnification Executive may have under the Company's Articles Certificate of Incorporation, Bylaws, Bylaws and this Agreement, or separate indemnification agreement, Agreement as applicable. In the event Executive's employment with the Company terminates for any reason (other than Cause), Executive will be entitled to exercise any outstanding vested stock options until the first to occur of: (i) the date that is two (2) years following the later of such termination of employment or the date upon which -4- Executive ceases to be a Service Provider, (ii) the applicable scheduled expiration date of such award (in the absence of any termination of employment) as set forth in the award agreement, or (iii) the ten (10) year anniversary of the award's original date of grant. For purposes of clarity, the term "expiration date" shall be the scheduled expiration of the option agreement and not the period that Executive shall be entitled to exercise such option. In addition, if the termination is by the Company without Cause or resignation by Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. 7. View More
Termination of Employment. In Notwithstanding anything else in this Agreement to the event contract, either the Company or Executive may terminate Executive's employment and this Agreement at any time with or without cause. If Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) pay for any accrued but unused vacation, if Company policy is to accrue vacation; (c) benefits or compensation as provi...ded under the terms of any employee benefit and compensation agreements or plans applicable to Executive Executive; and (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, and (e) any rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. Executive. View More
Termination of Employment. (a) In the event Executive's employment with the Company terminates for any reason, reason other than a termination pursuant to Section 4(c)(iii), Executive will shall be entitled to all (a) any her unpaid Base Salary accrued up to the effective date of termination; termination, (b) pay her unpaid, but earned Bonus for any completed fiscal year as of the date of termination, (c) pay in respect of accrued but unused vacation; (c) vacation, (d) benefits or compensation as provided under the terms ...of any employee benefit and compensation agreements or plans applicable to Executive (d) and under which she has a vested right (including any right that vests in connection the termination of her employment), (e) incurred but unreimbursed expenses to which Executive is entitled to reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, under the Company's expense reimbursement policy, and (e) any (f) rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. applicable, including any rights Executive may have under directors' and officers' insurance policies (the "Accrued Compensation and Benefits"). In addition, if the termination is by the Company without Cause or by Executive resigns for Good Reason, Executive will shall be entitled to the amounts and benefits specified in Section 8. (b) Upon the termination of Executive's employment for any reason other than a termination pursuant to Section 4(c)(iii),, Executive shall be deemed to have resigned from the Board (and any boards of subsidiaries) voluntarily, without any further required action by Executive, as of the end of Executive's employment and Executive, at the Board's request, shall execute any documents necessary to reflect her resignation. View More
Termination of Employment. In the event If Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date of termination; (b) pay for any accrued but unused vacation; (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive Executive; and (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, and (e) ...any rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. Executive. View More
Termination of Employment. In addition to any other compensation payable to the Executive pursuant to this Agreement, in the event Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary and any Target Cash Bonus accrued and unpaid up to the effective date of termination; Termination Date, (b) pay for any accrued but unused vacation; vacation, (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements ...or plans applicable to Executive and under which Executive has a vested right (including any right that vests in connection the termination of Executive's employment), (d) reimbursement for any unreimbursed business expenses required to be reimbursed which Executive is entitled to Executive, reimbursement under the Company's expense reimbursement policy, and (e) any rights to indemnification Executive may have under the Company's Articles of Incorporation, as amended from time to time, the Company's Bylaws, as amended and/or restated, this Agreement, or Executive's separate indemnification agreement, as applicable. In addition, if applicable, including any rights Executive may have under directors and officers insurance policies (items (a) through (e), collectively, the termination is by the Company without Cause or Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. "Accrued Obligations"). View More
Termination of Employment. In the event Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary base pay accrued up to the effective date of termination; (b) pay for any accrued but unused vacation; (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive Executive, and (d) reimbursement for any unreimbursed business expenses required to be reimbursed to Executive, an...d (e) any rights to indemnification Executive may have under the Company's Articles of Incorporation, Bylaws, this Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or Executive resigns for Good Reason, Executive will be entitled to the amounts and benefits specified in Section 8. Executive. View More
Termination of Employment. In the event Executive's employment with the Company terminates for any reason, Executive will be entitled to any (a) any unpaid Base Salary accrued up to the effective date Date of termination; Termination, (b) pay for any accrued but unused vacation; vacation, (c) benefits or compensation as provided under the terms of any employee benefit and compensation agreements or plans applicable to Executive and under which he has a vested right (including any right that vests in connection the termina...tion of his employment), (d) reimbursement for any unreimbursed business expenses required to be reimbursed which Executive is entitled to Executive, reimbursement under the Company's expense reimbursement policy, and (e) any rights to indemnification Executive may have under the Company's Articles Certificate of Incorporation, Bylaws, this By-laws, the Employment Agreement, or separate indemnification agreement, as applicable. In addition, if the termination is by the Company without Cause or applicable, including any rights Executive resigns for Good Reason, Executive will be entitled to the amounts may have under directors and benefits specified in Section 8. officers insurance policies. View More
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