Common use of Cessation of Severance Benefits Clause in Contracts

Cessation of Severance Benefits. If Executive violates the provisions of Sections 3 of this Agreement, any Severance Benefits and/or Change of Control Acceleration, or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.

Appears in 2 contracts

Samples: Employment Agreement (Website Pros Inc), Employment Agreement (Website Pros Inc)

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Cessation of Severance Benefits. If Executive violates the provisions any provision of Sections 3 3, 7 or 8 of this Agreement, any Severance Benefits and/or Change of Control Acceleration, severance payments or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.

Appears in 2 contracts

Samples: Employment Agreement (Veraz Networks, Inc.), Employment Agreement (ARYx Therapeutics, Inc.)

Cessation of Severance Benefits. If Executive violates the provisions any provision of Sections 3 or 6 of this Agreement, any Severance Benefits and/or Change of Control Acceleration, or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.

Appears in 1 contract

Samples: Employment Agreement (ARYx Therapeutics, Inc.)

Cessation of Severance Benefits. If Executive violates the provisions any provision of Sections 3 3, 7 or 8 of this Agreement, or violates the Confidentiality Agreement, any Severance Benefits and/or Change of Control Acceleration, severance payments or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.

Appears in 1 contract

Samples: Employment Agreement (ARYx Therapeutics, Inc.)

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Cessation of Severance Benefits. If Executive violates the provisions of Sections 3 2 of this Agreement, any Severance Benefits and/or Change of Control Acceleration, or other benefits being provided to Executive will cease immediately, and Executive will not be entitled to any further compensation and benefits from the Company.

Appears in 1 contract

Samples: Benefits Agreement (Cardica Inc)

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