Common use of For Cause or Without Cause Clause in Contracts

For Cause or Without Cause. The Board of Directors may terminate this Agreement and (except as provided below) all of the Company's obligations hereunder, either for "Cause" or "Without Cause." Such termination shall be effected by notice thereof delivered by the Company to Executive, and shall be effective as of the date of such notice. In the event that Executive is terminated for Cause, Executive shall be entitled to receive all Base Salary earned and accrued to the date of termination, but all other rights of Executive hereunder shall terminate as of the effective date of Executive's termination, except as otherwise provided by law. In the event that Executive is terminated by the Company Without Cause or Executive resigns with Good Reason, and for so long as Executive complies with the provisions of Sections 8 and 9, Executive shall be entitled (i) to receive all payments due as Base Salary during the remainder of the Employment Term or the then current Extended Employment Term (as applicable), as and when the same would have otherwise been payable had Executive not been terminated, (such term, the "Continuation Period"), (ii) to receive any Performance Bonus for the year in which Executive is terminated or resigns which shall be payable at the time such bonus would have otherwise been payable had Executive not been terminated or resigned, and (iii) to continue to participate at the Company's expense in the Group Insurance Plans during the Continuation Period.

For Cause or Without Cause. The Board of Directors may -------------------------- terminate this Agreement and (except as provided below) all of the Company's obligations hereunder, either for "Cause" or "Without Cause." Such termination shall be effected by notice thereof delivered by the Company to Executive, and shall be effective as of the date of such notice. In the event that Executive is terminated for Cause, Executive shall be entitled to receive all Base Salary earned and accrued to the date of termination, but all other rights of Executive hereunder shall terminate as of the effective date of Executive's termination, except as otherwise provided by law. In the event that Executive is terminated by the Company Without Cause or Executive resigns with Good Reason, and for so long as Executive complies with the provisions of Sections 8 and 9, Executive shall be ---------- - entitled (i) to receive all payments due as Base Salary during the remainder of the Employment Term or the then current Extended Employment Term (as applicable), as and when the same would have otherwise been payable had Executive not been terminated, (such term, the "Continuation Period"), (ii) to ------------------- receive any Performance Bonus for the year in which Executive is terminated or resigns which shall be payable at the time such bonus would have otherwise been payable had Executive not been terminated or resigned, and (iii) to continue to participate at the Company's expense in the Group Insurance Plans during the Continuation Period.