Common use of Ineligible Terminations Clause in Contracts

Ineligible Terminations. For avoidance of doubt, the Executive will not receive benefits under this Agreement in any of the following circumstances: (i) The Executive is involuntarily terminated for Cause. (ii) The Executive voluntarily terminates employment with the Company for a reason other than Good Reason or for no reason. Voluntary terminations include death, Disability, resignation, retirement, or failure to return from a leave of absence on the scheduled date.

Ineligible Terminations. For avoidance of doubt, the Executive will not receive benefits under this the Agreement in any of the following circumstances: (i) The Executive is involuntarily terminated for Cause. (ii) The Executive voluntarily terminates employment with the Company for a reason other than Good Reason or for no reason. Voluntary terminations include include, but are not limited to, death, Disability, resignation, retirement, or failure to return from a leave of absence on the scheduled date.