Common use of No Payments Clause in Contracts

No Payments. In the event of any termination of this Agreement by Company for Cause, or by Executive without Good Reason, the Company shall have no further payment obligations to Executive hereunder, except for wages and benefits accrued to date and/or provided by applicable law.

Appears in 10 contracts

Sources: Employment Agreement (Impax Laboratories Inc), Employment Agreement (Impax Laboratories Inc), Employment Agreement (Impax Laboratories Inc)

No Payments. In the event of any termination of this Agreement by Company for Cause, or by Executive without Good Reasonpursuant to Section 3.2 hereof, the Company shall have no further payment obligations to Executive hereunder, except for wages and benefits accrued to date and/or provided by applicable law.

Appears in 1 contract

Sources: Employment Agreement (Datalink Systems Corp /Ca/)