Common use of Forfeiture of Severance Benefits Clause in Contracts

Forfeiture of Severance Benefits. Regardless of the reason why the employment relationship ends, if following termination, the Employee breaches his obligations to the Company pursuant to ARTICLES VII and VIII below, the Company's obligations to provide the Employee severance compensation and benefits shall cease immediately.

Appears in 6 contracts

Samples: Employment Agreement (Adaytum Software Inc), Employment Agreement (Adaytum Software Inc), Employment Agreement (Adaytum Software Inc)

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Forfeiture of Severance Benefits. Regardless of the reason why the employment relationship ends, if following termination, the Employee materially breaches his obligations to the Company pursuant to ARTICLES VII and VIII below, the Company's obligations to provide the Employee severance compensation and benefits shall cease immediately.

Appears in 1 contract

Samples: Employment Agreement (Adaytum Software Inc)

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Forfeiture of Severance Benefits. Regardless of the reason why the employment relationship ends, if following termination, the Employee breaches his obligations to the Company pursuant to ARTICLES VI and VII and VIII below, the Company's obligations to provide the Employee severance compensation and benefits shall cease immediately.

Appears in 1 contract

Samples: Employment Agreement (Adaytum Software Inc)

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