Common use of Entitlement to Severance Benefits Clause in Contracts

Entitlement to Severance Benefits. Subject to the terms and conditions of this Agreement, and without regard to the occurrence (or non-occurrence) of a change in control or other reorganization of the Company, the Company will provide you with Severance Benefits (defined below) if the Company terminates your employment at any time during the Term without Cause (defined below). You will not be entitled to receive any Severance Benefits if the Company terminates your employment for Cause or if you resign from your employment. As used herein, the "Company" includes any successor in interest to PeoplePC.

Appears in 6 contracts

Samples: Incentive Bonuses and Severance Benefits Agreement (Peoplepc Inc), Severance Agreement (Peoplepc Inc), Incentive Bonuses and Severance Benefits Agreement (Peoplepc Inc)

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