Common use of Nonqualifying Termination Clause in Contracts

Nonqualifying Termination. SECTION 3.01. In the event the Executive’s employment is terminated by reason of his voluntary resignation, death or Disability or by the Company for Cause, then the Executive shall not be entitled to receive severance or other benefits under this Agreement.

Appears in 3 contracts

Sources: Officer Severance Agreement (Millipore Corp /Ma), Officer Severance Agreement (Millipore Corp /Ma), Officer Severance Agreement (Millipore Corp /Ma)