No Severance. In the event Executive’s employment is terminated at any time for Cause, Executive will be entitled to payment of all accrued salary and accrued and unused vacation, but Executive will not be entitled to the Severance Benefits, pay in lieu of notice, or any other such compensation unless required by law.
Appears in 3 contracts
Samples: Indemnity Agreement (Vaxgen Inc), Indemnity Agreement (Vaxgen Inc), Indemnity Agreement (Vaxgen Inc)
No Severance. In the event Executive’s employment is terminated at any time for Cause, Executive will be entitled to payment of all accrued salary and accrued and unused vacation, but Executive will not be entitled to the Severance Benefits, pay in lieu of notice, or any other such compensation unless required by lawcompensation.
Appears in 2 contracts
Samples: Executive Employment Agreement (Vaxgen Inc), Executive Employment Agreement (Vaxgen Inc)
No Severance. In the event Executive’s 's employment is terminated at any time for Cause, Executive will be entitled to payment of all accrued salary and accrued and unused vacation, but Executive will not be entitled to the Severance Benefits, pay in lieu of notice, or any other such compensation unless required by lawcompensation.
Appears in 1 contract
No Severance. In the event Executive’s employment is terminated at any time for Cause, Executive will be entitled to payment of all accrued salary and accrued and unused vacation, but Executive will not be entitled to the Severance Benefits, pay in lieu of notice, or any other such compensation unless required by law.compensation. (ii)
Appears in 1 contract
