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name: Termination of Employment

Termination of Employment. (a) Death or Disability. The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 11(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to ...
Termination of Employment. 6.1 Death. In the event of the death of the Employee during the term of this Agreement, the Company shall pay to the estate or other legal representative of the Employee the salary provided for in Section 3 (at the annual rate then in effect) accrued to the Employee s date of death and not theretofore paid, and the estate or other legal representative of the Employee shall have no further rights under this Agreement. Rights and benefits of the Employee, his estate or other legal representative under the employee benefits plans and programs of the Company, if any, will be determined in accordance with the terms and provisions of such plans and programs.
Termination of Employment. Each Participant's Option Award Agreement shall set forth the extent to which the Participant shall have the right to exercise the Option following termination of the Participant's employment with the Company and its Subsidiaries. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the Award Agreement entered into with Participants, need not be uniform among all Options issued pursuant to this Article 6, and may reflect distinctions based on the reasons for termination of employment. In that regard, if an Award Agreement permits exercise of an Option following the death of the Participant, the Award Agreement shall provide that such Option shall be exercisable to the extent provided therein by ...
Termination of Employment. "Termination of Employment" shall mean the time when the employee employer relationship between the Optionee and the Company or any Subsidiary is terminated for any reason, with or without cause, including, but not by way of limitation, a termination by resignation, discharge, death, disability or retirement; but excluding (i) terminations where there is a simultaneous reemployment or continuing employment of an Optionee by the Company or any Subsidiary, (ii) at the discretion of the Committee, terminations which result in a temporary severance of the employee employer relationship, and (iii) at the discretion of the Committee, terminations
TERMINATION OF EMPLOYMENT. (a) DEATH OR DISABILITY. The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period.
Termination of Employment. The Grantee shall have the right to exercise all unexercised Options which have vested as of the Grantee's Termination Date (as defined in the Plan) for a period of three (3) months following such Termination Date or such longer period as may be provided in the Plan or as the Committee may approve in its sole discretion in connection with such termination; provided, that the Option shall not be exercisable after its expiration pursuant to Section 7.
TERMINATION OF EMPLOYMENT. The date on which Executive's employment by the Company ceases, under any of the following circumstances, shall be defined herein as the "Termination Date."
TERMINATION OF EMPLOYMENT. Employer may terminate this Agreement with or without cause at any time during the term of this Agreement. If the employment of Executive with Employer is terminated (i) by Employer for any reason other than Good Cause (as defined in Section 24 below) or (ii) by Executive for Good Reason (as defined in Section 24 below), the following provisions will apply:
Termination of Employment. In the event of termination of an optionee's advisory or consulting relationship or Continuous Status as an Employee with the Company or its affiliates, as the case may be, such optionee may, but only during the Termination Period specified below, exercise the option to the extent that the optionee was entitled to exercise it at the date of such termination. The Termination Period shall be thirty (30) days (or such longer period of time as the Committee determines, provided that, in the case of an incentive stock option, such
TERMINATION OF EMPLOYMENT. Unless otherwise specified in the agreement relating to such ISO, if an ISO optionee ceases to be employed by the Company and all Related Corporations other than by reason of death or disability as defined in paragraph 10, no further installments of his or her ISOs shall become exercisable, and his or her ISOs shall terminate on the earlier of (a) 90 days after the date of termination of his or her employment, or (b) their specified expiration dates, except to the extent that such ISOs (or unexercised installments thereof) have been converted into Non Qualified Options pursuant to paragraph 16. For purposes of this paragraph 9, employment shall be considered as continuing uninterrupted during any bona fide leave of absence (such as those ...
TERMINATION OF EMPLOYMENT. The Committee shall determine the effect on an Award of the disability, death, retirement or other termination of employment of a Participant and the extent to which, and the period during which, the Participant's legal representative, guardian or Designated Beneficiary may receive payment of an Award or exercise rights thereunder.
Termination of Employment. In the event that EMPLOYEE terminates employment with ELCOM for any reason whatsoever, including death or disability, all Options to purchase ELCOM common stock granted under this Agreement shall terminate in full and be declared null and void for all purposes whatsoever, sixty (60) days subsequent to the date of EMPLOYEE's last day of active employment with ELCOM. EMPLOYEE shall receive no further vesting of Options under Section 2 herein, after EMPLOYEE's last day of active employment with ELCOM.
Termination of Employment. Each Restricted Stock Award Agreement shall set forth the extent to which the Participant shall have the right to receive unvested Restricted Shares following termination of the Participant's employment with the Company and its Subsidiaries. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the Award Agreement entered into with Participants, need not be uniform among all Shares of Restricted Stock issued pursuant to the Plan, and may reflect distinctions based on the reasons for termination of employment. In amplification but not limitation of the foregoing, in the case of an award of Restricted Stock to a Named Executive Officer which is intended to qualify for the Performance Based ...
Termination of Employment. Notwithstanding any other provision of this Agreement, employment hereunder may be terminated:
Termination of Employment. A Performance Award shall terminate if the Holder does not remain continuously in the employ of the Company (or in service as a Director) at all times during the applicable performance period, except as may be determined by the Committee or as may otherwise be provided in the Award at the time granted.
Termination of Employment. Upon the termination of an Optionee's employment, for any reason other than death, the option shall be exercisable only as to those shares of Common Stock which were then subject to the exercise of such option, provided that (I) in the case of disability as described below, any holding period required by Section 6(c) shall automatically be deemed to be satisfied and (II) the Committee may determine that particular limitations and restrictions under the Plan shall not apply, and such option shall expire according to the following schedule (unless the Committee shall provide for shorter periods at the time the option is granted):
TERMINATION OF EMPLOYMENT. Employee's employment under this Agreement may be terminated by the Company at any time for any reason; PROVIDED, HOWEVER, that, except as expressly provided below in this Section 3.1 and in Section 3.3, if Employee's employment is terminated by the Company during the term of this Agreement for a reason other than for "Cause" (as defined in Section 3.2), Employee shall be entitled to continue to receive his or her base salary under Section 2.1 for the remaining term of this Agreement. Employee's employment under this Agreement may be terminated by Employee at any time for any reason. Any termination shall be effective as of the date specified by the party initiating the termination in a written notice delivered to the other party, which ...
Termination of Employment. The Employee's employment hereunder may be terminated under the circumstances set forth in paragraphs (a) through (e) below:
Termination of Employment. Any provisions of this Agreement that provide for payment of compensation that is subject to Section 409A and that has payment triggered by Participant's termination of employment other than on account of death shall be deemed to provide for payment that is triggered only by Participant's "separation from service" within the meaning of Treasury Regulation Section §1.409A 1(h).
Termination of Employment. (a) Executive?s employment under this Agreement may be terminated by either party at any time and for any reason; provided, however, that Executive shall be required to give the Company at least sixty (60) days? advance written notice of any voluntary resignation of Executive?s employment hereunder (other than resignation for Good Reason) (and in such event the Company in its sole discretion may elect to accelerate Executive?s date of termination of employment, it being understood that such termination shall