Common use of Termination Without Severance Benefits Clause in Contracts

Termination Without Severance Benefits. If this Agreement and Executive’s employment hereunder is terminated (i) by Executive for any reason other than Good Reason, including but not limited to termination pursuant to Subsection 6(d) above, or (ii) pursuant to Subsection 6(a) (voluntary resignation), or Subsection 6(c) (by the Company for “Cause”), no other payment or severance benefit will be payable to Executive by the Company.

Appears in 6 contracts

Samples: Executive Employment Agreement (Globus Medical Inc), Executive Employment Agreement (Globus Medical Inc), Executive Employment Agreement (Globus Medical Inc)

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Termination Without Severance Benefits. If this Agreement and In the event the -------------------------------------- Executive’s 's employment hereunder with the Company is terminated prior to the expiration of the Employment Term by reason of (i) by Executive for any reason other than the Executive's resignation without Good Reason, including but not limited to termination pursuant to Subsection 6(d) above, or (ii) pursuant to Subsection 6(athe Executive's death or (iii) (voluntary resignation), or Subsection 6(c) (the Executive's discharge by the Company for Cause”), no other payment this Agreement shall terminate including, without limitation, the Company's obligations to provide any compensation, benefits or severance benefit will be payable to the Executive by under Article IV of this Agreement or otherwise, other than the CompanyStandard Termination Entitlements (as defined in section 4.4.1).

Appears in 5 contracts

Samples: Employment Agreement (Ixnet Inc), Employment Agreement (Ixnet Inc), Employment Agreement (Ixnet Inc)

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