Common use of Certain Limitations on Remedies Clause in Contracts

Certain Limitations on Remedies. Paragraph 7(b) provides that certain payments and other benefits shall be received by Employee upon the termination of Employee by the Company under the circumstances described therein. It is the intention of this Agreement that if the Company terminates Employee other than for Cause then the payments and other benefits set forth in Paragraph 7(b) shall constitute the sole and exclusive remedies of Employee.

Appears in 3 contracts

Samples: Employment Agreement (Cyberguard Corp), Employment Agreement (Cyberguard Corp), Employment Agreement (Cyberguard Corp)

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Certain Limitations on Remedies. Paragraph 7(b) 6.b provides that certain payments and other benefits shall be received by Employee upon the termination of Employee by the Company under the circumstances described thereinother than for Cause. It is the intention of this Agreement that if the Company terminates Employee other than for Cause (and other than as a consequence of Employee's death, disability or normal retirement), then the payments and other benefits set forth in Paragraph 7(b) 6.b shall constitute the sole and exclusive remedies of Employee.

Appears in 2 contracts

Samples: Employment Agreement (Outsource International Inc), Employment Agreement (Outsource International Inc)

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Certain Limitations on Remedies. Paragraph 7(b) 7b. provides that certain payments and other benefits shall be received by Employee upon the termination of Employee by the Company under the circumstances described thereinother than for Cause and states that these same provisions shall apply if Employee terminates his employment for Good Reason. It is the intention of this Agreement that if the Company terminates Employee other than for Cause then the payments (and other benefits set forth in Paragraph 7(b) shall constitute the sole and exclusive remedies than as a consequence of Employee.'s

Appears in 1 contract

Samples: Employment Agreement (Proctor David)

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