Common use of Discharge For Cause or Resignation without Good Reason Clause in Contracts

Discharge For Cause or Resignation without Good Reason. If Executive is discharged for Cause, or if Executive voluntarily resigns without Good Reason, all payments of base salary and performance bonus, as well as all of Executive's benefits, shall immediately cease and Executive shall be entitled to no further compensation or benefits of any kind.

Appears in 4 contracts

Samples: Severance Benefit Agreement (Leiner Health Products Inc), Severance Benefit Agreement (Leiner Health Products Inc), Severance Benefit Agreement (Leiner Health Products Inc)

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Discharge For Cause or Resignation without Good Reason. If Executive is discharged for Cause, or if Executive voluntarily resigns without Good Reason, all payments of base salary and performance bonus, as well as all of Executive's ’s benefits, shall immediately cease and Executive shall be entitled to no further compensation or benefits of any kind, except for any accrued but unpaid salary, bonus and benefits.

Appears in 2 contracts

Samples: Severance Benefit Agreement (Leiner Health Services Corp.), Severance Benefit Agreement (Leiner Health Services Corp.)

Discharge For Cause or Resignation without Good Reason. If Executive is discharged for Cause, or if Executive voluntarily resigns without Good Reason, all payments of base salary and performance bonus, as well as all of Executive's ’s benefits, shall immediately cease and Executive shall be entitled to no further compensation or benefits of any kind.

Appears in 1 contract

Samples: Severance Benefit Agreement (Leiner Health Services Corp.)

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Discharge For Cause or Resignation without Good Reason. If Executive is discharged for Cause, or if Executive voluntarily resigns without Good Reason, all payments of base salary and performance bonus, as well as all of Executive's benefits, shall immediately cease and Executive shall be entitled to no further compensation or benefits of or any kind.

Appears in 1 contract

Samples: Severance Benefit Agreement (Leiner Health Products Inc)

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