Common use of Limitation of Benefit Clause in Contracts

Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse nor his estate shall be entitled to receive any benefit under this Agreement.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct), Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

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Limitation of Benefit. If the Employee’s 's employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his her duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his her spouse nor his her estate shall be entitled to receive any benefit under this Agreement.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct), Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

Limitation of Benefit. If the Employee’s 's employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse spouse, his beneficiary nor his estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (SJW Group)

Limitation of Benefit. If the Employee’s 's employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his [his] duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse [his] spouse, [his] beneficiary nor his [his] estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

Limitation of Benefit. If the Employee’s 's employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his [his][her] duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse [his][her] spouse, [his][her] beneficiary nor his [his][her] estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his his/her duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his his/her spouse nor his his/her estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his [her] duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse [her] spouse, [her] beneficiary nor his [her] estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Connecticut Water Service Inc / Ct)

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Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his her duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse her spouse, her beneficiary nor his her estate shall be entitled to receive any benefit under this Agreement.. EXHIBIT 10.74

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (SJW Group)

Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his EXHIBIT 10.75 her duties, or disclosure of secret or Or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse her spouse, her beneficiary nor his her estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (SJW Group)

Limitation of Benefit. If the Employee’s employment shall be terminated for cause involving fraud, dishonesty, moral turpitude, gross misconduct, gross failure to perform his duties, or disclosure of secret or other confidential information of the Employer to any competitor or to any person not authorized to receive such information, neither the Employee, his spouse spouse, [his] [her] beneficiary nor his estate shall be entitled to receive any benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (SJW Group)

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