Common use of Termination Severance Clause in Contracts

Termination Severance. The Executive’s employment hereunder shall terminate on the earliest of: (i) on the date set forth in a written notice from the Board that his employment with the Company has been or will be terminated, (ii) on the a date not less than thirty-days following written notice from the Executive that he is resigning from the Company, (iii) on the date of his death or (iv) on the date of his Disability, as determined in accordance with Section 7.5. Upon cessation of his employment for any reason, unless otherwise consented to in writing by the Board, the Executive shall resign immediately from any and all officer, director and other positions he then holds with the Company and/or its Affiliates. Upon any cessation of his employment with the Company, the Executive will be entitled only to such compensation and benefits as described in this Section 5. Executive’s Initials & Date

Termination Severance. The Executive’s employment hereunder shall terminate on the earliest of: (i) on the date set forth specified in a written notice from the Board Company that his the Executive’s employment with the Company has been or will be terminated, (ii) on the a date not less than thirty-30 days following written notice from the Executive that he is resigning from the Company, (iii) on the date of his death or (iv) on the date of his Disability, as reasonably determined in accordance with Section 7.5by the Company. Upon cessation of his employment for any reason, unless otherwise consented to in writing by the Board, the Executive shall resign immediately from any and all officer, director and other positions he then holds with the Company and/or and its Affiliates. Upon any cessation of his employment with the Company, the Executive will shall be entitled only to such compensation and benefits as described in this Section 5. Executive’s Initials & Date.

Termination Severance. The Executive’s 's employment hereunder shall terminate on the earliest of: (i) on the date set forth specified in a written notice from the Board Company that his Executive's employment with the Company has been or will be terminated, (ii) on the a date not less than thirty-30 days following written notice from the Executive that he is resigning from the Company, (iii) on the date of his death or (iv) on the date of his Disability, as reasonably determined in accordance with Section 7.5by the Company. Upon cessation of his employment for any reason, unless otherwise consented to in writing by the Board, the Executive shall resign immediately from any and all officer, director and other positions he then holds with the Company and/or its Affiliates. Upon any cessation of his employment with the Company, the Executive will shall be entitled only to such compensation and benefits as described in this Section 5. Executive’s Initials & Date.

Termination Severance. The Executive’s employment hereunder shall terminate on the earliest of: (i) on the date set forth specified in a written notice from the Board Company that his Executive’s employment with the Company has been or will be terminated, (ii) on the a date not less than thirty-30 days following written notice from the Executive that he she is resigning from the Company, (iii) on the date of his her death or (iv) on the date of his her Disability, as reasonably determined in accordance with Section 7.5by the Company. Upon cessation of his her employment for any reason, unless otherwise consented to in writing by the Board, the Executive shall resign immediately from any and all officer, director and other positions he she then holds with the Company and/or its Affiliates. Upon any cessation of his her employment with the Company, the Executive will shall be entitled only to such compensation and benefits as described in this Section 5. Executive’s Initials & Date.