Qualified Termination. In the event of (a) a Qualified Termination; (b) an involuntary Termination of the Executive other than for Cause; or (c) an election by the Executive to effect a voluntary Termination within sixty (60) days after a failure of the Board of Directors of the Company to elect, or the action of the Board of Directors to remove, in either case in the absence of Cause, the Executive as Chairman of the Board, this Agreement shall terminate and the Company shall have no further obligations hereunder except as follows: (i) payment of any obligations earned and accrued but unpaid as of the date of the Qualified Termination or other Termination, as applicable; (ii) payment of a lump sum amount equal to the product of three (3), multiplied by the Adjusted Base Salary; (iii) payment of a percentage of the Base Salary amount in effect when the Qualified Termination occurs, which percentage is determined in accordance with the following table: Fiscal Quarter in Which the
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Qualified Termination. In the event of (a) a Qualified Termination; (b) an involuntary Termination of the Executive other than for Cause; or (c) an election by the Executive to effect a voluntary Termination within sixty (60) days after a failure of the Board of Directors of the Company to elect, or the action of the Board of Directors to remove, in either case in the absence of Cause, the Executive as Chairman of the Board, this Agreement shall terminate and the Company shall have no further obligations hereunder except as follows: (i) payment of any obligations earned and accrued but unpaid as of the date of the Qualified Termination or other Termination, as applicable; (ii) payment of a lump sum amount equal to the product of three four (34), multiplied by the Adjusted Base SalarySalary amount in effect when the Qualified Termination occurs; (iii) payment of a percentage of the Base Salary amount in effect when the Qualified Termination occurs, which percentage is determined in accordance with the following table: Fiscal Quarter in Which the
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