Common use of Termination of Obligations Clause in Contracts

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 7 contracts

Samples: Executive Severance Agreement (Heafner Tire Group Inc), Executive Severance Agreement (Heafner Tire Group Inc), Executive Severance Agreement (Heafner Tire Group Inc)

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Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 34, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e)Sections 4(f) of this Agreement; providedPROVIDED, howeverHOWEVER, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms terms, and the relevant provisions of Section 7 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 34, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 6 contracts

Samples: Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 34, all obligations of the Employer and the Employee Executive under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e)Sections 4(f) 4(g) and 4(h) of this Agreement; providedPROVIDED, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms terms, and the relevant provisions of Section 7 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 34, the Employee Executive agrees to cooperate with the Employer in order to ensure an orderly transfer of the EmployeeExecutive's duties and responsibilities.

Appears in 5 contracts

Samples: Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer Company and the Employee Executive under this Agreement shall will terminate, except for any amounts payable and benefits to be provided by the Employer Company as specifically set forth in this Section 3(e)3; provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 4 and Section 6 5 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee Executive agrees to cooperate with the Employer Company in order to ensure an orderly transfer of the Employee's Executive’s duties and responsibilities.

Appears in 3 contracts

Samples: Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc), Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc), Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 3 contracts

Samples: Executive Severance Agreement (Heafner Tire Group Inc), Executive Severance Agreement (Heafner Tire Group Inc), Executive Severance Agreement (Heafner Tire Group Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 4 and Section 6 5 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 3 contracts

Samples: Employment Agreement (Phoenix Racing Inc), Employment Agreement (Phoenix Racing Inc), Employment Agreement (California Tire Co)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 34, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any severance amounts payable by the Employer as specifically set forth in Section 3(e4(e); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 34, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 1 contract

Samples: Employment Agreement (Phoenix Racing Inc)

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Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer Company and the Employee Executive under this Agreement shall will terminate, except for any amounts payable and benefits to be provided by the Employer Company as specifically set forth in this Section 3(e)3; provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 4 and Section 6 5 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee Executive agrees to cooperate with the Employer Company in order to ensure an orderly transfer of the EmployeeExecutive's duties and responsibilities.

Appears in 1 contract

Samples: Severance and Restrictive Covenant Agreement (Gsi Group Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 34, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e)Sections 4(f) of this Agreement; provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms terms, and the relevant provisions of Section 7 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 34, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 1 contract

Samples: Employment Agreement (Netgateway Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 3, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e3(f); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 4 and Section 6 5 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 6 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 3, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the Employee's duties and responsibilities.

Appears in 1 contract

Samples: Employment Agreement (Distinctive Devices Inc)

Termination of Obligations. In the event of termination of the Employment Period in accordance with this Section 34, all obligations of the Employer and the Employee under this Agreement shall terminate, except for any amounts payable by the Employer as specifically set forth in Section 3(e4(e); provided, however, that notwithstanding anything to the contrary contained in this Agreement, the provisions of Section 5 and Section 6 shall survive such termination in accordance with their respective terms and the relevant provisions of Section 7 shall survive such termination indefinitely. In the event of termination of the Employment Period in accordance with this Section 34, the Employee agrees to cooperate with the Employer in order to ensure an orderly transfer of the EmployeeEmployer's duties and responsibilities.

Appears in 1 contract

Samples: Employment Agreement (Phoenix Racing Inc)

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