No Termination Benefits. Except as expressly stated otherwise in Section 4.2, the Executive shall not be eligible for or receive any of the Termination Benefits described in Section 4.1 above upon the occurrence of any one of the following: (a) the Executive’s resignation of or retirement from employment with the Company, or (b) the termination of Executive’s employment with the Company resulting from Death or Disability, or (c) the termination of Executive’s employment by the Company for Cause; or (d) the Executive’s failure to perform or breach of any of the covenants, undertakings or other agreements set forth in Section 4.3; or (e) the Executive’s entitlement to receive payments or benefits under the Change in Control Agreement.
No Termination Benefits. In the event of any termination of the Executive's employment hereunder for any reason (including without limitation pursuant to Sections 3, 6(a), 6(b), 6(c), 6(d) or Section 7 hereof), the Executive shall not be entitled to any salary, bonus, severance pay or benefits not otherwise specified herein.
No Termination Benefits. Verso will not be obligated to pay or provide any Termination Benefits to Employee under this Agreement if (1) Employee’s employment is terminated under any circumstance other than those set forth in Section 2.2, above, including, without limitation, if Employee quits or resigns for any reason that is not Good Reason, if Verso terminates Employee’s employment for Cause, or in the event Employee’s employment ends due to Employee’s death or Disability, or (2) any of the Severance Conditions are not timely satisfied. Employee agrees to reasonably cooperate with Verso and any physician selected by Verso, including providing such information as Verso or such physician may reasonably request and submitting to an examination by such physician, in connection with a determination as to whether or not Employee has a Disability.
No Termination Benefits. In the event of any termination of the Employee's employment hereunder for any reason (including without limitation pursuant to Sections 3, 6(a), 6(b), 6(c), 6(d) or Section 7 hereof), the Employee shall not be entitled to any salary, bonus, severance pay or benefits not otherwise specified herein.
No Termination Benefits. Except as expressly stated otherwise in Section 4.2, the Executive shall not be eligible for or receive any of the Termination Benefits described in Section 4.1 above upon (a) the Executive’s resignation of or retirement from employment with the Company, (b) the termination of Executive’s employment with the Company resulting from Death or Disability, or (c) the termination of Executive’s employment by the Company for Cause.
No Termination Benefits. No termination benefits, except for accrued but unpaid Base Salary, will be payable to Executive if his employment is terminated (i) by the Company for Cause or (ii) by Executive voluntarily for other than Good Reason.
No Termination Benefits. No termination benefits, except for accrued but unpaid Base Salary, will be payable to Employee if his employment is terminated (i) by the Company for Cause or (ii) by Employee voluntarily for other than Good Reason.
No Termination Benefits. No Retained Employee or Transferred Employee shall be deemed to have become entitled to any benefits under any Plan, contract, agreement, statute, regulation or other arrangement that provides for the payment of severance pay, salary continuation, pay in lieu of notice, unused vacation pay, or similar benefits in connection with actual or constructive termination of employment or alleged actual or constructive termination of employment (collectively, “Termination Benefits”) as a result of any actions taken pursuant to this Article II or otherwise as a result of the consummation of the transactions contemplated by the Master Distribution Agreement.
No Termination Benefits. Except as otherwise required by law, all compensation and other benefits payable to the Employee under this Agreement shall terminate on the date of termination of the Employment of the Employee.
No Termination Benefits. If Employee’s employment or this Agreement is terminated for any reason other than Termination without Cause by the Company pursuant to Section 3.2 or Resignation with Good Reason by Employee pursuant to Section 3.4, the Company’s obligation to compensate Employee ceases on the effective date of such termination (“Termination Date”), except as to amounts due at such time for accrued Base Salary, earned incentive bonus (if any), or other accrued or vested benefits, including, without limitation, any accrued but unused vacation time payable under Company policy. Base Salary and any accrued but unused vacation shall be paid within thirty (30) days of the Termination Date. All other payments shall be made as quickly as possible in accordance with the terms of the applicable plans.
