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 his obligations under Section VI.D of this Agreement or any of his obligations under his Proprietary Information Agreement, Executive shall cease to be entitled to any further benefits under Article VI of this Agreement, including (without limitation) any subsequent right to receive any further cash payments or continued health care coverage at the Company’s expense.

Appears in 5 contracts

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

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Cessation of Benefits. In the event of a material breach by the Executive of any of his obligations under Section VI.D 6.04C of this Agreement or any of his obligations under his Proprietary Information Agreement, Executive shall cease to be entitled to any further benefits under Article VI Section 6.04 of this Agreement, including (without limitation) any subsequent right to receive any further cash payments or continued health care coverage at the Company’s expense.

Appears in 1 contract

Samples: Employment Agreement (Nanogen Inc)

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