Common use of Cessation of Entitlements and Company Right of Offset Clause in Contracts

Cessation of Entitlements and Company Right of Offset. Except as otherwise expressly provided herein, all of the Executive's rights to salary, employee benefits, fringe benefits and bonuses hereunder (if any) which would otherwise accrue after the termination of the Employment Period shall cease upon the date of such termination. The Company may offset any loans, cash advances or fixed amounts which the Executive owes the Company or its Affiliate against any amounts it owes the Executive under this Agreement.

Appears in 5 contracts

Samples: Executive Employment Agreement (Dyadic International Inc), Executive Employment Agreement (Dyadic International Inc), Executive Employment Agreement (Dyadic International Inc)

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Cessation of Entitlements and Company Right of Offset. Except as otherwise expressly provided herein, all of the Executive's ’s rights to salary, employee Executive benefits, fringe benefits and bonuses hereunder (if any) which would otherwise accrue after the termination of the Employment Period shall cease upon the date of such termination. The Company may offset any loans, cash advances or fixed amounts which the Executive owes the Company or its Affiliate against any amounts it owes the Executive under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (SXC Health Solutions Corp.), Employment Agreement (SXC Health Solutions Corp.), Employment Agreement (SXC Health Solutions Corp.)

Cessation of Entitlements and Company Right of Offset. Except as otherwise expressly provided herein, all of the Executive's ’s rights to salary, employee benefits, fringe benefits and bonuses hereunder (if any) which would otherwise accrue after the termination of the Employment Period shall cease upon the date of such termination. The Company may offset any loans, cash advances or fixed amounts which the Executive owes the Company or its Affiliate against any amounts it owes the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (SXC Health Solutions Corp.), Employment Agreement (SXC Health Solutions Corp.)

Cessation of Entitlements and Company Right of Offset. Except as otherwise expressly provided herein, all of the Executive's ’s rights to salary, employee Executive benefits, fringe benefits and bonuses hereunder (if any) which would otherwise accrue after the termination of the Employment Period shall cease upon the date of such termination. The Company may offset any loans, cash advances or fixed amounts which the Executive owes the Company or its Affiliate against any amounts it owes the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (SXC Health Solutions Corp.)

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Cessation of Entitlements and Company Right of Offset. Except as otherwise expressly provided herein, all of the Executive's rights to salary, employee Executive benefits, fringe benefits and bonuses hereunder (if any) which would otherwise accrue after the termination of the Employment Period shall cease upon the date of such termination. The Company may offset any loans, cash advances or fixed amounts which the Executive owes the Company or its Affiliate against any amounts it owes the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (SXC Health Solutions Corp.)

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