Common use of No Severance Clause in Contracts

No Severance. In the event Employee’s employment is terminated by the Company at any time for Cause, or Employee terminates his employment without Good Reason, or the parties mutually terminate their employment relationship, Employee will not be entitled to any Severance Benefits, pay in lieu of notice, or any other severance, compensation, benefits, equity, acceleration, or any other amounts, with the exception of any benefit to which Employee has a vested right under a written benefit plan.

Appears in 12 contracts

Samples: Employment Agreement, Executive Employment Agreement (Mattersight Corp), Executive Employment Agreement (Mattersight Corp)

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No Severance. In the event Employee’s 's employment is terminated by the Company at any time for Cause, or Employee terminates his employment without Good Reason, or the parties mutually terminate their employment relationship, Employee will not be entitled to any Severance Benefits, pay in lieu of notice, or any other severance, compensation, benefits, equity, acceleration, or any other amounts, with the exception of any benefit to which Employee has a vested right under a written benefit plan.

Appears in 1 contract

Samples: Employment Agreement (Eloyalty Corp)

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No Severance. In the event Employee’s employment is terminated by the Company at any time for Cause, or Employee terminates his her employment without Good Reason, or the parties mutually terminate their employment relationship, Employee will not be entitled to any Severance Benefits, pay in lieu of notice, or any other severance, compensation, benefits, equity, acceleration, or any other amounts, with the exception of any benefit to which Employee has a vested right under a written benefit planplan or is entitled to receive under applicable law.

Appears in 1 contract

Samples: Executive Employment Agreement (Eloyalty Corp)

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