Common use of Liquidated Damages for Termination by EMPLOYEE Without Cause Clause in Contracts

Liquidated Damages for Termination by EMPLOYEE Without Cause. Pursuant to Section 11(C)(2) of the Agreement, if EMPLOYEE terminates Employment during the Term to accept other employment, EMPLOYEE will pay LSU liquidated damages as follows for the remaining Term: A. 100 percent of all remaining Base Salary Amount and Supplemental Compensation if EMPLOYEE terminates employment to accept any SEC coaching position other than head coach; or DocuSign Envelope ID: 946EB2A6-632D-4470-B873-A5AF6F9E684D B. 50 percent of one year of Base Salary Amount and Supplemental Compensation if EMPLOYEE terminates employment to accept any non-head coach position at an NCAA Division I institution; however C. No liquidated damages will be owed if EMPLOYEE terminates employment to accept any collegiate head coach position or any position in the National Football League.

Liquidated Damages for Termination by EMPLOYEE Without Cause. Pursuant to Section 11(C)(2) of the Agreement, if EMPLOYEE terminates Employment during the Term to accept other employment, EMPLOYEE will pay LSU liquidated damages as follows for the remaining Term: A. 100 percent of all remaining Base Salary Amount and Supplemental Compensation if EMPLOYEE terminates employment to accept any SEC coaching position other than head coach; or DocuSign Envelope ID: 946EB2A6-632D-4470-B873-A5AF6F9E684D B. 50 percent of one year of Base Salary Amount and Supplemental Compensation if EMPLOYEE terminates employment to accept any non-head coach position at an NCAA Division I institution; however C. No liquidated damages will be owed if EMPLOYEE terminates employment to accept any collegiate head coach position or any position in the National Football League.. DocuSign Envelope ID: 7D8E21F5-98E0-4477-87DB-17144840E887