Common use of Other Termination Clause in Contracts

Other Termination. In the event that your employment terminates for any reason other than an Involuntary Termination prior to the Payment Date, you shall forfeit your right to the Retention Bonus in its entirety. Similarly, in the event that your employment terminates for any reason other than an Involuntary Termination at any time during the Term, you shall forfeit any right you may have to receive the Sale Bonus.

Appears in 12 contracts

Samples: Letter Agreement (Pathmark Stores Inc), Letter Agreement (Pathmark Stores Inc), Letter Agreement (Pathmark Stores Inc)

AutoNDA by SimpleDocs

Other Termination. In the event that your employment terminates for any reason other than an Involuntary Termination prior to any of the Payment DateDates, you shall forfeit your right to any portion of the Retention Bonus in its entirety. Similarly, in the event that your employment terminates for any reason other than an Involuntary Termination at any time during the Term, you shall forfeit any right you may have to receive the Sale Bonusnot yet earned.

Appears in 11 contracts

Samples: Retention Bonus Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/)

Other Termination. In the event that your employment terminates for any reason other than an Involuntary Termination prior to the Payment Date, you shall forfeit your right to the Retention Bonus in its entirety. Similarly, in the event that your employment terminates for any reason other than an Involuntary Termination at any time during the Term, you shall forfeit any right you may have to receive the Sale Bonus.

Appears in 9 contracts

Samples: Letter Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/)

Other Termination. In the event that your employment terminates for any reason other than an Involuntary Termination prior to the Payment Date, you shall forfeit your right to the Retention Bonus in its entirety. Similarly, in the event that your employment terminates for any reason other than an Involuntary Termination at any time during the Term, you shall forfeit any right you may have to receive any Sale Bonus to be paid on transactions that close after such termination of employment or any Sale Bonus on transactions that close prior to such termination of employment if a Change in Control has not yet occurred by the Sale Bonusdate of such termination of employment.

Appears in 9 contracts

Samples: Letter Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/), Letter Agreement (Grand Union Co /De/)

AutoNDA by SimpleDocs

Other Termination. In the event that your employment terminates for any reason other than an Involuntary Termination prior to the Payment Date, you shall forfeit your right to the Retention Bonus in its entirety. In the event that your employment terminates for any reason other than an Involuntary Termination after the Payment Date but prior to the Liquidation Date, you shall forfeit your right to any unpaid portion of the Retention Bonus. Similarly, in the event that your employment terminates for any reason other than an Involuntary Termination at any time during the Term, you shall forfeit any right you may have to receive the Sale Bonus.

Appears in 5 contracts

Samples: Letter Agreement (Pathmark Stores Inc), Letter Agreement (Pathmark Stores Inc), Letter Agreement (Pathmark Stores Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.