Common use of Cessation of Benefits Clause in Contracts

Cessation of Benefits. In the event of a material breach by the Executive of any of the Executive’s obligations under the Executive’s Proprietary Information and Inventions Agreement with the Company, the Executive shall cease to be entitled to any further benefits under Part Two of this Agreement, including (without limitation) any severance payment or continued health care coverage at the Company’s expense. In no event shall the Executive be entitled to any benefits under Part Two of this Agreement if the Executive’s employment ceases by reason of a Termination for Cause or if the Executive voluntarily resigns other than for Good Reason.

Appears in 6 contracts

Samples: Corsair Gaming, Inc., Corsair Gaming, Inc., Corsair Gaming, Inc.

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