Common use of NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION Clause in Contracts

NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION. In the event of a Voluntary Termination, Termination For Cause, termination by reason of the Employee’s disability pursuant to Section 2.5, termination by reason of the Employee’s death pursuant to Section 2.6, the Employee or his estate shall not be paid any severance compensation.

Appears in 25 contracts

Samples: Employment and Noncompetition Agreement (Avocent Corp), Employment and Noncompetition Agreement (Avocent Corp), Employment Agreement (Avocent Corp)

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NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION. In the event of a Voluntary Termination, Termination For Cause, termination by reason of the Employee’s 's disability pursuant to Section 2.5, or termination by reason of the Employee’s 's death pursuant to Section 2.6, the Employee or his estate shall not be paid any severance compensation.

Appears in 19 contracts

Samples: Employment and Noncompetition Agreement (Avocent Corp), Employment Agreement (Avocent Corp), Employment Agreement (Avocent Corp)

NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION. In the event of a Voluntary Termination, Termination For Cause, termination by reason of the Employee’s disability pursuant to Section 2.5, or termination by reason of the Employee’s death pursuant to Section 2.6, the Employee or his estate shall not be paid any severance compensation.

Appears in 3 contracts

Samples: Employment Agreement (Avocent Corp), Employment Agreement (Avocent Corp), Employment Agreement (Avocent Corp)

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NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION. In the event of a Voluntary Termination, Termination For Cause, termination by reason of the Employee’s disability pursuant to Section 2.5, termination by reason of the Employee’s death pursuant to Section 2.6, the Employee or his her estate shall not be paid any severance compensation.

Appears in 1 contract

Samples: Employment Agreement (Avocent Corp)

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