Termination of Employment and Effect of Termination. Either Executive or the Company may terminate this Agreement and Executive’s employment under this Agreement for any or for no reason, either with or without cause, at any time. Executive’s entitlement to severance pay and benefits upon any such termination of employment will be governed by the terms and conditions of the TNS, Inc. Executive Severance Benefit Plan, dated as of March 1, 2012, as may be amended from time to time (the “Executive Severance Benefit Plan”).” For clarity, this modification, among other things, results in the elimination of the excise tax gross-up payment on behalf of the Executive under the Agreement with respect to excess parachute payments under Section 280G of the Internal Revenue Code, and eliminates the continuation of the payment by TNS of club dues as part of the Executive’s severance benefits upon certain terminations from employment.
Termination of Employment and Effect of Termination. 7.1 In order to permit the corporation to enforce its rights and interests pursuant to this Agreement, the Employee agrees that for a period of one (1) year from the termination of the Employee's employment with the Corporation, except in the circumstances set out in Section 5.3 of this Agreement; the Employee shall give written notice to the Corporation as to the Employee's then current residence(s) and then current work address(es).
Termination of Employment and Effect of Termination. Either Executive or the Company may terminate this Agreement and Executive’s employment under this Agreement for any or for no reason, either with or without cause, at any
Termination of Employment and Effect of Termination
