Common use of No Severance Pay Clause in Contracts

No Severance Pay. In the event of Executive’s death or disability or if Executive voluntarily terminates her employment other than due to a Constructive Termination, she will not be entitled to severance pay, pay in lieu of notice or any other such compensation.

Appears in 3 contracts

Samples: Chief Executive Officer Employment Agreement (La Jolla Pharmaceutical Co), Executive Employment Agreement (La Jolla Pharmaceutical Co), Chief Executive Officer Employment Agreement (La Jolla Pharmaceutical Co)

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No Severance Pay. In the event of Executive’s death or disability or if Executive voluntarily terminates her his employment other than due to a Constructive Termination, she he will not be entitled to severance pay, pay in lieu of notice or any other such compensation.

Appears in 2 contracts

Samples: Employment Agreement (Diedrich Coffee Inc), Employment Agreement (Diedrich Coffee Inc)

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