Example ContractsClausesresignation of offices upon terminationVariants
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If a Participant voluntarily resigns his/her employment with the Company or is terminated (with or without cause) by the Company for reasons other than death, Disability or Retirement, such Participant shall forfeit any right to receive an Award for the Plan Year in which such resignation or termination takes place, or to receive in the future payment of an Award previously earned as of the prior Plan Year end.

If

In the event of a Participant voluntarily resigns his/Participant’s resignation or discharge prior to the time an award is paid with respect to the Plan Year, his or her employment withparticipation in the Company or is terminated (with or without cause) byPlan will end on the Companyemployee’s termination date and no award will be earned for reasons other than death, Disability or Retirement, such Participant shall forfeit anythat Plan Year. The Company, however, reserves the right to receive an Award for theoverride this Plan Year in which such resignation or termination takes place, or to receive in the future payment of an Award previously earned as of the prior Plan Year end.provision.

If

Section # A Participant who terminates employment prior to the end of a Participant voluntarily resigns his/her employment with the Company or is terminated (with or without cause) by the CompanyPerformance Year for reasons other than death, Disability or Retirement, suchwill cease to be a Participant shallin the Plan as of the date of termination of employment and will forfeit any rightall rights to receive an Award forIncentive Awards accrued during the PlanPerformance Year in which such resignation orthe termination takes place, or to receive in the future payment of an Award previously earned as of the prior Plan Year end.employment occurs.

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