Common use of Non-Qualifying Termination Clause in Contracts

Non-Qualifying Termination. (i) In the event of any termination of the Executive’s employment other than a Qualifying Termination (including a termination of employment as a result of death or Disability), the Executive shall not be entitled to any additional payments or benefits from the Company under this Section 4, other than payments or benefits with respect to the Accrued Rights.

Appears in 6 contracts

Samples: Change in Control Severance Agreement (Diomed Holdings Inc), Change in Control Severance Agreement (Diomed Holdings Inc), Change in Control Severance Agreement (Diomed Holdings Inc)

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Non-Qualifying Termination. (i) In the event of any termination of the Executive’s employment other than a Qualifying Termination (including a termination of employment as a result of death or Disability)) on or after the Change in Control Date, the Executive shall not be entitled to any additional payments or benefits from the Company under this Section 46. Notwithstanding the foregoing, other than payments or benefits with respect the Executive shall be entitled to payment of the Accrued RightsRights and may be entitled to payments and benefits under Section 5.

Appears in 4 contracts

Samples: Employment Agreement (Manor Care Inc), Employment Agreement (Manor Care Inc), Employment Agreement (Manor Care Inc)

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Non-Qualifying Termination. (i) In the event of any termination of the Executive’s employment other than a Qualifying Termination (including a termination of employment as a result of death or Disability), the Executive shall not be entitled to any additional payments or benefits from the Company under this Section 4, other than payments or benefits with respect to the Accrued Rights.

Appears in 2 contracts

Samples: Control Severance Agreement (Pw Eagle Inc), Control Severance Agreement (Kos Pharmaceuticals Inc)

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