Cessation of Severance Benefits. The right and remedy to cease any further severance, benefit or other compensation payments under this Agreement to the Executive or the Executive's beneficiary from and after the commencement of such breach by the Executive.
Cessation of Severance Benefits. In the event of any termination of the Executive's employment following the Cessation Date, including, without limitation, a termination of employment by the Company for Cause or by the Executive for Good Reason, the Executive shall not be entitled to receive any severance payments or benefits that would otherwise have been payable to the Executive pursuant to this Agreement in connection with a termination of employment.
Cessation of Severance Benefits. If Executive violates the provisions of Sections 3 of this Agreement, any Severance Benefits and/or Change of Control Acceleration, or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.
Cessation of Severance Benefits. If Executive violates any provision of Sections 3, 8 or 9 of this Agreement, any severance payments or other benefits being provided to Executive pursuant to Sections 5 or 6 of this Agreement will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.
Cessation of Severance Benefits. If Executive violates any provision of Sections 3 or 4 of this Agreement or the Employee Proprietary Information and Inventions Agreement, either during employment or thereafter, then, notwithstanding anything herein to the contrary, the Company shall have the right upon written notice to Executive to immediately cease payment of any severance benefits being provided to Executive, and Executive will not be entitled to any further compensation from the Company.
Cessation of Severance Benefits. In the event of a material breach by the Executive of any of his obligations under Paragraph 9, 10 or 18 of this Agreement or his Proprietary Information and Inventions Agreement with the Corporation, he shall cease to be entitled to any further severance benefits under Part Three of this Agreement, including (without limitation) any subsequent right to exercise any outstanding Options or to receive any further salary/target bonus payments or continued health care coverage at the Corporation's expense. In no event shall the Executive be entitled to any benefits under Part Three of this Agreement if his employment ceases by reason of a Termination for Cause or if he voluntarily resigns other than for a reason which qualifies as grounds for an Involuntary Termination.
Cessation of Severance Benefits. The right and remedy to cease any further severance, benefit or other compensation payments under this Agreement to the Executive or the Beneficiary from and after the commencement of such breach by the Executive. The Executive hereby acknowledges and agrees that the Restrictive Covenants are reasonable and valid in duration and in all other respects. If any court determines that any of the Restrictive Covenants, or any part thereof, is invalid or unenforceable, the remainder of the Restrictive Covenants will not thereby be affected and will be given full effect without regard to the invalid portions.
Cessation of Severance Benefits. If Executive violates this Agreement, the Confidential Information Agreement, or the Noncompetition Agreement, then Executive’s eligibility for and entitlement to receive the Applicable Severance Benefits, Change of Control Acceleration, and all other benefits being provided to Executive by the Company will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company, the Company will have no further obligation to provide any such compensation or benefits, and to the extent Executive has already received Applicable Severance Benefits and/or Change in Control Acceleration under this Agreement in connection with Executive’s termination, all such benefits will be forfeited and Executive shall be required to immediately return any cash payments made pursuant to such benefits.
Cessation of Severance Benefits. If Executive violates this Agreement or the Confidential Information Agreement, then Executive’s eligibility for and entitlement to receive the Severance Benefits, Change of Control Acceleration, and all other benefits being provided to Executive by the Company will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company, the Company will have no further obligation to provide any such compensation or benefits, and to the extent Executive has already received Severance Benefits and/or Change in Control Acceleration under this Agreement in connection with Executive’s termination, all such benefits will be forfeited and Executive shall be required to immediately return any cash payments made pursuant to such benefits.
Cessation of Severance Benefits. Notwithstanding anything contained in this Agreement to the contrary, in the event Executive becomes employed by, or provides consulting services to, any third party during the Severance Period, whereby such employment or consulting services provided are in excess of fifteen (15) hours per week, or provide Executive with weekly compensation that is more than fifty percent (50%) of his weekly Base Salary, all Severance Benefits will immediately terminate upon the latter of: (i) twelve (12) months from the date of Executive’s termination of service from the Company; or (ii) the date Executive becomes employed by, or provides such consulting services to, any third party.
