Common use of Conditions Applicable to the Severance Period Clause in Contracts

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.

Appears in 7 contracts

Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)

AutoNDA by SimpleDocs

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 7, 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 4.1.15.1.1.

Appears in 5 contracts

Samples: Employment Agreement (EnerSys), Employment Agreement (EnerSys), Employment Agreement (EnerSys)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.16.1.1.

Appears in 4 contracts

Samples: Employment Agreement (Nu Skin Enterprises Inc), Employment Agreement (Nu Skin Enterprises Inc), Employment Agreement (Nu Skin Enterprises Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Article Section 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 any benefits as described in Section 4.1.15.1.1.

Appears in 4 contracts

Samples: Employment Agreement (Arm Financial Group Inc), Employment Agreement (Arm Financial Group Inc), Employment Agreement (Arm Financial Group Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Article Section 7 of this Agreement, the Company may, upon written notice to the Executive, may terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.1.

Appears in 3 contracts

Samples: Employment Agreement (Pxre Corp), Employment Agreement (Pxre Group LTD), Employment Agreement (Pxre Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive Employee breaches his obligations under Article 7 of this Agreement, the Company may, upon written notice to the ExecutiveEmployee, terminate the Severance Period and cease to make any further payments or provide further benefits as described in Section 4.1.1.

Appears in 3 contracts

Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article Section 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 any benefits as described in Section 4.1.15.1.1.

Appears in 3 contracts

Samples: E Loymentagreement, Employment Agreement (Helius Medical Technologies, Inc.), Employment Agreement

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.15.1. Anything herein to the contrary notwithstanding, the Company’s obligation to make any payment or provide any benefits described in Section 5.1 shall be subject to the Executive’s execution of the Company’s standard form release of claims.

Appears in 2 contracts

Samples: Employment Agreement (Acg Holdings Inc), Employment Agreement (Acg Holdings Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article Section 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 any benefits as described in Section 4.1.1.

Appears in 2 contracts

Samples: Employment Agreement (Acg Holdings Inc), Employment Agreement (Sullivan Graphics Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his her obligations under Article Section 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 any benefits as described in Section 4.1.15.1.1.

Appears in 2 contracts

Samples: Employment Agreement (Helius Medical Technologies, Inc.), Employment Agreement (Helius Medical Technologies, Inc.)

Conditions Applicable to the Severance Period. (a) If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.16.1.1. (b) If, during the Severance Period, the Executive obtains other employment, then the Base Salary payments due shall be reduced by an amount equivalent (dollar for dollar) to what Executive receives from such other employment. Executive shall promptly notify Company of such employment and other payments.

Appears in 2 contracts

Samples: Employment Agreement (Optimer Pharmaceuticals Inc), Employment Agreement (Optimer Pharmaceuticals Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 Section 8 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 any benefits as described in Section 4.1.15.1.1.

Appears in 2 contracts

Samples: Employment Agreement (American Color Graphics Inc), Employment Agreement (American Color Graphics Inc)

Conditions Applicable to the Severance Period. If, If during the Severance Period, Period the Executive breaches his obligations under Article Section 7 of this Agreement, the Company may, upon written notice to the Executive, terminate the Severance Period and may cease to make any further payments or provide further benefits as described in Section 4.1.15.1.1, provided that the Company shall not make less than one payment during the Severance Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Lonestar Resources US Inc.)

Conditions Applicable to the Severance Period. If, during the ---------------------------------------------- Severance Period, the Executive breaches his obligations under Article 7 of this Agreement, the Company 70MM 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.

Appears in 1 contract

Samples: Employment Agreement (Imax Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and Period, cease to make any further payments of the Severance Payment and cease to provide any Severance Benefits, except as required by applicable law. If the Employment Term expires in the manner contemplated by Section 1.1 following the Executive’s attainment of age 65, no Severance Payment or provide further benefits as described in Section 4.1.1Severance Benefits shall be payable to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Bunge LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 9, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.16.1.1.

Appears in 1 contract

Samples: Employment Agreement (Nu Skin Enterprises Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 of this AgreementSection 6, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments Severance Payments or provide further any benefits as described in Section 4.1.15.1.1(b).

Appears in 1 contract

Samples: Employment Agreement (Odyssey Re Holdings Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 9, the Company may, upon written notice to the Executive, terminate the Severance Period and Period, cease to make any further payments of the Severance Payment and cease to provide any Severance Benefits, except as required by applicable law. If the Employment Term expires in the manner contemplated by Section 2.3 following the Executive's attainment of age 65, no Severance Payment or provide further benefits as described in Section 4.1.1Severance Benefits shall be payable to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Bunge LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 Section 6 of this Agreement, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments payments, or to provide any further benefits as benefits, described in Section 4.1.1.

Appears in 1 contract

Samples: Employment Agreement (Discovery Zone Inc)

AutoNDA by SimpleDocs

Conditions Applicable to the Severance Period. If, during during, the Severance Period, the Executive materially breaches his her obligations under Article 7 Section 6 of this Agreement, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments payments, or to provide any further benefits as benefits, described in Section 4.1.1.

Appears in 1 contract

Samples: Employment Agreement (Discovery Zone Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 9, the Company may, upon written notice to the Executive, terminate the Severance Period and Period, cease to make any further payments of the Severance Payment and cease to provide any Severance Benefits, except as required by applicable law. If the Employment Term expires in the manner contemplated by Section 2.3 following the Executive’s attainment of age 65, no Severance Payment or provide further benefits as described in Section 4.1.1Severance Benefits shall be payable to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Bunge LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches any of his obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and Period, cease to make any further payments or of the Severance Payment and cease to provide further benefits any Severance Benefits, except as described in Section 4.1.1required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (Bunge LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Article Section 6 or Section 7 of this Agreement, the Company may, upon written notice to the Executive, may terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.1.

Appears in 1 contract

Samples: Employment Agreement (Pxre Group LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches any of his obligations under Article 7 of this AgreementSection 9, the Company may, upon written notice to the Executive, terminate the Severance Period and Period, cease to make any further payments or of the Severance Payment and cease to provide further benefits any Severance Benefits, except as described in Section 4.1.1required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (Bunge LTD)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article Section 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 any benefits as described in Section 4.1.15.1.1 .

Appears in 1 contract

Samples: Emloyment Agreement (Helius Medical Technologies, Inc.)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 of this AgreementSection 6, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments Severance Payments or provide further any benefits as described in Section 4.1.1Sections 5.1.1(b), 5.1.1(c) and 5.1.1(d).

Appears in 1 contract

Samples: Employment Agreement (Odyssey Re Holdings Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive breaches his obligations under Article 7 of this Agreement, the Company 70MM 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.

Appears in 1 contract

Samples: Employment Agreement (Imax Corp)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article Section 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 any benefits as described in Section 4.1.15.1.1, subject only to Employment Standards.

Appears in 1 contract

Samples: Employment Agreement (Helius Medical Technologies, Inc.)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his her obligations under Article 7 of this AgreementSection 8, the Company may, upon written notice to the Executive, terminate the Severance Period and cease to make any further payments or provide further any benefits as described in Section 4.1.15.1. Anything herein to the contrary notwithstanding, the Company’s obligation to make any payment or provide any benefits described in Section 5.1 shall be subject to the Executive’s execution of the Company’s standard form release of claims.

Appears in 1 contract

Samples: Employment Agreement (Acg Holdings Inc)

Conditions Applicable to the Severance Period. If, during the Severance Period, the Executive materially breaches his obligations under Article 7 Section 9 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 any benefits as described in Section 4.1.15.1.1.

Appears in 1 contract

Samples: Employment Agreement (American Color Graphics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.