Common use of Non-Renewal of Term Clause in Contracts

Non-Renewal of Term. The Term shall end earlier than the Termination Date provided in Section 2.1 or any extended termination date provided in Section 2.2, in either case if sooner terminated pursuant to Section 4. Non-extension of the Term shall not be deemed to be a termination of this Agreement by the Company, and the Executive shall not be entitled to receive severance benefits or any other payment pursuant to this Agreement.

Appears in 12 contracts

Samples: Employment Agreement (B2 Direct, Inc.), Employment Agreement (M & F Worldwide Corp), Employment Agreement (Clarke American Corp.)

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Non-Renewal of Term. The Term shall end earlier than the Termination Date provided in Section 2.1 or any extended termination date provided in Section 2.2, in either case if sooner terminated pursuant to Section 4. Non-extension Expiration of the Term shall not be deemed to be a termination of this Agreement by the Company, and entitling the Executive shall not be entitled to receive severance benefits or any other additional payment pursuant to this Agreementexcept as provided herein.

Appears in 1 contract

Samples: Employment Agreement (Harland Clarke Holdings Corp)

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