Termination of Executive’s Employment Contract Clauses (80)

Termination of Executive’s Employment. 7.1Termination for Cause by the Company. 7.2Termination Without Cause by the Company/Severance. 7.3Voluntary Resignation by Executive for Good Reason/Severance. 7.4Voluntary Resignation by Executive Without Good Reason. 7.5Resignation of Board or Other Positions. 7.6Application of Section 409A. 7.7Termination Upon a Change of Control.

Termination of Executive’s Employment. 6.1 Termination for Cause by the Company. 6.3 Change of Control/Acceleration and Termination. 6.5 Application of Section 409A. 6.5(a) Notwithstanding anything set forth in this Agreement to the contrary, no amount payable pursuant to this Agreement which constitutes a "deferral of compensation" within the meaning of the Treasury Regulations issued pursuant to Section 409A of the Code (the "Section 409A Regulations") shall be paid unless and until Executive has incurred a "separation from service..." within the meaning of the Section 409A Regulations. 6.5(b) The Company intends that income provided to Executive pursuant to this Agreement will not be subject to taxation under Section 409A of the Code. 6.5(c) Furthermore, to the extent that Executive is a "specified employee" within the meaning of the Section 409A Regulations as of the date of Executive's separation from service, no amount that constitutes a deferral of compensation which is payable on account of Executive's separation from service shall be paid to Executive before the date (the "Delayed Payment Date") which is first day of the seventh month after the date of Executive's separation from service or, if earlier, the date of Executive's death following such separation from service. 6.5(e) For purposes of Section 409A of the Code, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments. View More

Termination of Executive’s Employment. The Company hereby terminates Executive's employment effective January 22, 2016, (the "Termination Date"). Provided that the Company complies in full with the terms of this Separation Agreement, Executive hereby waives further notice of such Termination, and waives any right he may have to invoke his right to terminate his employment with good reason based on any actions of the Company prior to this date, and based on the transactions contemplated hereby.

Termination of Executive’s Employment. 7.1 Termination for Cause by Company. 7.2 Termination Without Cause by Company/Severance; Change of Control. 7.3 Voluntary Resignation by Executive for Good Reason/Severance. 7.4 Voluntary Resignation by Executive Without Good Reason. 7.5 Termination of Employment Upon Nonrenewal.