Common use of Upon termination of the Executive Clause in Contracts

Upon termination of the Executive. s employment and the Employment Period for any reason, the Company shall compensate the Executive (or, in the event of the Executive's death, his surviving spouse, if any, or his estate) for: (a) accrued but unused vacation time, (b) any Base Salary earned but unpaid for services rendered to the Company on or prior to the date of termination, (c) any accrued and unpaid bonus earned or awarded to the Executive, (d) except in the case of a termination under Section 3.1.4 (termination for Cause) or 3.1.7 (voluntary termination by the Executive without Good Reason), an amount equal to a pro rata portion of the current year's Target Bonus based on the portion of the year expired as of the date of termination, and (e) unreimbursed business expenses in accordance with the Company's expense reimbursement policy in effect at the time the expenses were incurred, all without regard to the performance by the Executive of further services or the resolution of any contingency, but subject to any and all rights, remedies and claims of the Company against the Executive. These amounts will be paid in a lump-sum within thirty (30) days after termination.

Upon termination of the Executive. s employment and the Employment Period for any reason, the Company shall compensate the Executive (or, in the event of the Executive's ’s death, his surviving spouse, if any, or his estate) for: (a) accrued but unused vacation time, (b) any Base Salary earned but unpaid for services rendered to the Company on or prior to the date of termination, (c) any accrued and unpaid bonus earned or awarded to the Executive, (d) except in the case of a termination under Section 3.1.4 (termination for Cause) or 3.1.7 (voluntary termination by the Executive without Good Reason), an amount equal to a pro rata portion of the current year's ’s Target Bonus based on the portion of the year expired as of the date of termination, and (e) unreimbursed business expenses in accordance with the Company's ’s expense reimbursement policy in effect at the time the expenses were incurred, all without regard to the performance by the Executive of further services or the resolution of any contingency, but subject to any and all rights, remedies and claims of the Company against the Executive. These amounts will be paid in a lump-sum within thirty (30) days after termination.