Common use of Termination For Reasons Clause in Contracts

Termination For Reasons. Not associated with a "Change in Control." If ------------------------------------------------------------------ the Company terminates Employee without "Cause," or for reasons not associated with a "Change on Control," or Employee resigns with "Good Reason" (as hereinafter defined) then as a severance benefit and in lieu of all other compensation or damages (except as set forth in section 4 hereof) the Company shall:

Appears in 2 contracts

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

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Termination For Reasons. Not associated with a "Change in Control." If ------------------------------------------------------------------ the ---------------------------------------------------------------- Company terminates Employee without "Cause," or for reasons not associated with a "Change on Control," or Employee resigns with "Good Reason" (as hereinafter defined) then as a severance benefit and in lieu of all other compensation or damages (except as set forth in section 4 hereof) the Company shall:

Appears in 2 contracts

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

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Termination For Reasons. Not associated Associated with a "Change in Control." ". If ------------------------------------------------------------------ the ----------------------------------------------------------------- Company terminates Employee Executive without "Cause," or for reasons not associated with a "Change on in Control," or Employee resigns with "Good Reason" (as hereinafter defined) then as a severance benefit and in lieu of all other compensation or damages (except as set forth in section Section 4 hereof) the Company shall:

Appears in 1 contract

Samples: Severance Agreement (Lantronix)

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