Common use of Termination Under Certain Circumstances Clause in Contracts

Termination Under Certain Circumstances. (a) In the event Executive's employment with the Company is terminated prior to the expiration of the Term by reason of (i) the Executive's resignation without Good Reason, (ii) death, (iii) Disability or (iv) the Executive's discharge by the Company for Cause, this Agreement shall terminate including, without limitation, the Company's obligations to provide any compensation, benefits or severance to the Executive under Section 4 hereof or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Ipc Information Systems Inc), Employment Agreement (Ipc Information Systems Inc)

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Termination Under Certain Circumstances. (a) In the event Executive's employment with the Company is terminated prior to the expiration of the Term by reason of (i) the Executive's resignation without Good Reason, (ii) death, (iii) Disability or (iv) the Executive's discharge by the Company for Cause, this Agreement shall terminate (including, without limitation, the Company's obligations to provide any compensation, benefits or severance to the Executive under Section 4 hereof or otherwise, but not including any statutory accrued rights) shall terminate.

Appears in 1 contract

Samples: Employment Agreement (Ixnet Inc)

Termination Under Certain Circumstances. (a) In the event --------------------------------------- Executive's employment with the Company is terminated prior to the expiration of the Term by reason of (i) the Executive's resignation without Good Reason, (ii) death, (iii) Disability or (iv) the Executive's discharge by the Company for Cause, this Agreement shall terminate including, without limitation, the Company's obligations to provide any compensation, benefits or severance to the Executive under Section 4 hereof or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Ixnet Inc)

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Termination Under Certain Circumstances. (a) In the event Executive's employment with the Company is terminated prior to the expiration of the Term by reason of (i) the Executive's resignation without Good Reason, (ii) death, (iii) Disability or (iv) the Executive's discharge by the Company for Cause, this Agreement shall terminate (including, without limitation, the Company's obligations to provide any compensation, compensation benefits or severance to the Executive under Section 4 hereof or otherwise, but not including any statutory accrued rights) shall terminate.

Appears in 1 contract

Samples: Employment Agreement (Ixnet Inc)

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