Common use of Voluntary Resignation; Termination for Cause Clause in Contracts

Voluntary Resignation; Termination for Cause. If the Employee's employment terminates by reason of the Employee's voluntary resignation (and is not an Involuntary Termination), or if the Employee is terminated for Cause, then the Employee shall not be entitled to receive any accelerated vesting (as may be provided by SECTION 2 hereof) or other benefit from the Company pursuant to this Agreement.

Appears in 5 contracts

Samples: Change of Control Agreement (Gadzoox Networks Inc), Change of Control Agreement (Gadzoox Networks Inc), Change of Control Agreement (Gadzoox Networks Inc)

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Voluntary Resignation; Termination for Cause. If the Employee's employment terminates by reason of the Employee's voluntary resignation (and is not an Involuntary Termination), or if the Employee is terminated for Cause, then the Employee shall not be entitled to receive any accelerated vesting payments for consulting services or other benefits under Section 4(a) except for those (if any) as may then be provided by SECTION 2 hereof) established under the Company's then existing severance and benefits plans and practices or other benefit from the Company pursuant to this Agreementother agreements with the Company.

Appears in 3 contracts

Samples: Control Severance Agreement (Sync Research Inc), Control Severance Agreement (Sync Research Inc), Control Severance Agreement (Sync Research Inc)

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Voluntary Resignation; Termination for Cause. If the Employee's employment terminates by reason of the Employee's voluntary resignation (and is not an Involuntary Termination), or if the Employee is terminated for Cause, then the Employee shall not be entitled to receive any accelerated vesting payments for consulting services or other benefits under Section 3(a) except for those (if any) as may then be provided by SECTION 2 hereof) established under the Company's then existing severance and benefits plans and practices or other benefit from the Company pursuant to this Agreementother agreements with the Company.

Appears in 3 contracts

Samples: Change of Control Severance Agreement (Sync Research Inc), Change of Control Severance Agreement (Sync Research Inc), Severance Agreement (Preview Travel Inc)

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