Conditions Applicable to the Severance Period Sample Clauses

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Article 7 of this Agreement, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further benefits as described in Section 4.1.1.
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Conditions Applicable to the Severance Period. In the event the Executive's employment is terminated without cause or the Executive resigns with good reason, Sections 7.1 and 7.2 shall apply during the period ending on the first anniversary of the Termination Date; provided that no additional compensation or benefits, other than as payable pursuant to Section 4.1.1, shall be due to the Executive. If, during the Severance Period, the Executive materially breaches his obligations under Section 6 or Section 7 of this Agreement, the Company may terminate the Severance Period, after written notice to the Executive and, if curable, failure of the Executive after such written notice to cure such alleged breach in a timely manner, and cease to make any further payments or provide any employee benefits described in Section 4.1.1.
Conditions Applicable to the Severance Period. If, during the Severance Period, the Employee materially breaches his obligations under Section 7 of this Agreement, the Company may, upon written notice to the Employee, terminate the Severance Period and cease to make any further payments, or to provide any further benefits, described in Section 4.1.1.
Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Section 5 of this Agreement, MEMC may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide any benefits described in Section 3.1.1. except as determined in accordance with the terms of the employee benefit plans or programs of MEMC as provided for in Section 2.2 above.
Conditions Applicable to the Severance Period. If, during the Severance Period, the Consultant breaches his obligations under Section 6 of this Agreement, the Company may terminate the Severance Period and cease to make any further payments or provide any benefits described in Section 4.1.1.
Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Section 6, the Company may, upon written notice to the Executive,

Related to Conditions Applicable to the Severance Period

  • Limitation of Engagement to the Company The Company acknowledges that Xxxxxxxxxx has been retained only by the Company, that Xxxxxxxxxx is providing services hereunder as an independent contractor (and not in any fiduciary or agency capacity) and that the Company’s engagement of Xxxxxxxxxx is not deemed to be on behalf of, and is not intended to confer rights upon, any shareholder, owner or partner of the Company or any other person not a party hereto as against Xxxxxxxxxx or any of its affiliates, or any of its or their respective officers, directors, controlling persons (within the meaning of Section 15 of the Securities Act or Section 20 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), employees or agents. Unless otherwise expressly agreed in writing by Xxxxxxxxxx, no one other than the Company is authorized to rely upon this Agreement or any other statements or conduct of Xxxxxxxxxx, and no one other than the Company is intended to be a beneficiary of this Agreement. The Company acknowledges that any recommendation or advice, written or oral, given by Xxxxxxxxxx to the Company in connection with Xxxxxxxxxx’x engagement is intended solely for the benefit and use of the Company’s management and directors in considering a possible Offering, and any such recommendation or advice is not on behalf of, and shall not confer any rights or remedies upon, any other person or be used or relied upon for any other purpose. Xxxxxxxxxx shall not have the authority to make any commitment binding on the Company. The Company, in its sole discretion, shall have the right to reject any investor introduced to it by Xxxxxxxxxx.

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