Common use of No Severance Payments Clause in Contracts

No Severance Payments. If the Executive's Date of Termination occurs --------------------- during or after the end of the Agreement Term, or because of (i) the Executive's death, (ii) his being Permanently Disabled (paragraph 3(b)), (iii) his termination for Cause (paragraph 3(c)), or (iv) his resignation (paragraph 3(e)), then, except as otherwise expressly provided for in this Agreement, no payments shall be due to the Executive under this Agreement for periods after the Date of Termination.

Appears in 4 contracts

Samples: Employment Agreement (Lasalle Re Holdings LTD), Employment Agreement (Lasalle Re Holdings LTD), Employment Agreement (Lasalle Re Holdings LTD)

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No Severance Payments. If the Executive's Date of Termination occurs --------------------- during or after the end of the Agreement Term, or because of (i) the Executive's death, (ii) his being Permanently Disabled (paragraph 3(b)), (iii) his termination for Cause (paragraph 3(c)), or (iv) his resignation (paragraph 3(e)), then, except as otherwise expressly provided for in this Agreement, no payments shall be due to the Executive under this Agreement for periods after the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Lasalle Re Holdings LTD), Employment Agreement (Lasalle Re Holdings LTD)

No Severance Payments. If the Executive's Date of Termination occurs --------------------- during or after the end of the Agreement Term, or Term because of (i) the Executive's death, (ii) his being Permanently Disabled (described in paragraph 3(b)), (iii) his termination for Cause (described in paragraph 3(c)), or (iv) his resignation (described in paragraph 3(e)), then, except as otherwise expressly provided for in this Agreement, no payments shall be due to the Executive under this Agreement for periods after the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Lasalle Re Holdings LTD)

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No Severance Payments. If the Executive's Date of Termination occurs --------------------- during or after the end of the Agreement Term, or because of (i) the Executive's death, (ii) his being Permanently Disabled (paragraph 3(b)), (iii) his termination for Cause (paragraph 3(c)), ) or (iv) his resignation (paragraph 3(e)), then, except as otherwise expressly provided for in this Agreement, no payments shall be due to the Executive under this Agreement for periods after the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Lasalle Re Holdings LTD)

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