Common use of Loan Forgiveness Clause in Contracts

Loan Forgiveness. In the event that Employee's employment is ---------------- terminated with Cause, the terms of the Share Purchase Plan shall determine Employee's rights and responsibilities with respect to Employee's Share Purchase Loan(s).

Appears in 2 contracts

Samples: Severance Agreement (Federal Realty Investment Trust), Severance Agreement (Federal Realty Investment Trust)

AutoNDA by SimpleDocs

Loan Forgiveness. In the event that Employee's employment is ---------------- terminated with Causedue to Disability, the terms of the Share Purchase Plan shall determine Employee's rights and responsibilities with respect to Employee's Share Purchase Loan(s).

Appears in 2 contracts

Samples: Severance Agreement (Federal Realty Investment Trust), Severance Agreement (Federal Realty Investment Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!