Common use of Circumstances Under Which Termination Benefits Would Not Be Paid Clause in Contracts

Circumstances Under Which Termination Benefits Would Not Be Paid. IDG Books shall not be obligated to pay Executive the termination benefits or continue the option vesting described in subparagraphs 6.3 (ii) through (iv) above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employment. For purposes of this Agreement, "CAUSE" shall be limited to:

Appears in 2 contracts

Samples: Compensation Agreement (Idg Books Worldwide Inc), Compensation Agreement (Idg Books Worldwide Inc)

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Circumstances Under Which Termination Benefits Would Not Be Paid. IDG Books shall not be obligated to pay Executive the termination benefits or continue the option vesting described in subparagraphs 6.3 (ii) through (iv) above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employmentemployment other than for Good Reason (as defined below). For purposes of this Agreement, "CAUSE" shall be limited to:

Appears in 2 contracts

Samples: Employment Agreement (Idg Books Worldwide Inc), Employment Agreement (Idg Books Worldwide Inc)

Circumstances Under Which Termination Benefits Would Not Be Paid. IDG Books shall not be obligated to pay Executive the termination benefits or continue the option vesting described in subparagraphs 6.3 (ii) through (iv) above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his employmentemployment other than for Good Reason (as defined below). IDG Books will give Executive written notice of any breach and provide a 30-day improvement/cure period. For purposes of this Agreement, "CAUSECause" shall be limited to:

Appears in 2 contracts

Samples: Employment Agreement (Hungry Minds Inc /De/), Employment Agreement (Hungry Minds Inc /De/)

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Circumstances Under Which Termination Benefits Would Not Be Paid. IDG Books shall not be obligated to pay Executive the termination benefits or continue the option vesting described in subparagraphs 6.3 (ii) through (iv) above if the Employment Period is terminated for Cause or if Executive voluntarily terminates his her employment. For purposes of this Agreement, "CAUSE" shall be limited to:

Appears in 1 contract

Samples: Compensation Agreement (Idg Books Worldwide Inc)

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