Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 below, if (i) the Company terminates the Executive’s employment without Cause or the Executive resigns from the Company for Good Reason, then subject to Section 7(c), the Executive shall receive severance payments and partially-accelerated vesting of certain equity grants (together the “Severance Benefits”) pursuant to sub-sections 7(a) and (b) below.
Appears in 7 contracts
Sources: Employment Agreement (Monolithic Power Systems Inc), Employment Agreement (Monolithic Power Systems Inc), Employment Agreement (Monolithic Power Systems Inc)
Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 10 below, if (i) the Company terminates the Executive’s employment without Cause Cause, or the Executive resigns from the Company for Good Reason, then subject to Section 7(c), the Executive shall receive severance payments and partially-accelerated partial acceleration of the vesting of certain equity grants the Options (as defined below) (together the “Severance Benefits”) pursuant to sub-sections Sections 7(a) and (b) below.:
Appears in 1 contract
Sources: Employment Agreement (Monolithic Power Systems Inc)
Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 below, if (i) the Company terminates the ExecutiveEmployee’s employment without Cause or the Executive Employee resigns from the Company for Good Reason, then subject to Section 7(c), the Executive Employee shall receive severance payments and partially-accelerated vesting of certain equity grants (together the “Severance Benefits”) pursuant to sub-sections 7(a) and (b) below.
Appears in 1 contract
Sources: Employment Agreement (Monolithic Power Systems Inc)
Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 below, if (i) the Company terminates the ExecutiveCEO’s employment without Cause or the Executive CEO resigns from the Company for Good Reason, then subject to Section 7(c), the Executive CEO shall receive severance payments and partially-accelerated vesting of certain equity grants (together the “Severance Benefits”) pursuant to sub-sections 7(a) and (b) below.
Appears in 1 contract
Sources: Employment Agreement (Monolithic Power Systems Inc)
Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 10 below, if (i) the Company terminates the ExecutiveCEO’s employment without Cause Cause, or the Executive CEO resigns from the Company for Good Reason, then subject to Section 7(c), the Executive CEO shall receive severance payments and partially-accelerated partial acceleration of the vesting of certain equity grants the Options (as defined below) (together the “Severance Benefits”) pursuant to sub-sections Sections 7(a) and (b) below.:
Appears in 1 contract
Sources: Employment Agreement (Monolithic Power Systems Inc)
Termination without Cause and Voluntary Termination with Good Reason. Subject to Section 12 below, if If (i) the Company terminates the Executive’s employment without Cause or the Executive resigns from the Company for Good Reason, then subject to Section 7(c), the Executive shall receive severance payments and partially-accelerated vesting of certain equity grants (together the “Severance Benefits”) pursuant to sub-sections 7(a) and (b) below.
Appears in 1 contract
Sources: Employment Agreement (Monolithic Power Systems Inc)