Common use of Engagement in Association Clause in Contracts

Engagement in Association. If the Executive directly or indirectly engages in conduct that constitutes an Association (as defined in Section 8(b)(iv)(D) of this Agreement), the Company’s obligation to make the Severance Payment in accordance with this section will immediately terminate.

Appears in 4 contracts

Samples: Employment Agreement (Saks Inc), Employment Agreement (Saks Inc), Employment Agreement (Saks Inc)

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