Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s employment pursuant to subparagraph 8(a) above and the Company’s action is affirmed as specified in subparagraph 8(b) above or Executive terminates his employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below), then all of the Company’s obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s rights, if any, under the Company’s employee and executive benefit plans shall be determined solely in accordance with the express terms of the respective plans.
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Samples: Employment Agreement (McKesson Corp), Employment Agreement (McKesson Corp), Employment Agreement (McKesson Corp)
Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s employment pursuant to subparagraph 8(a) above and the Company’s action is affirmed as specified in subparagraph 8(b) above or Executive terminates his her employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below), then all of the Company’s obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s rights, if any, under the Company’s employee and executive benefit plans shall be determined solely in accordance with the express terms of the respective plans.
Appears in 3 contracts
Samples: Employment Agreement (McKesson Corp), Employment Agreement (McKesson Corp), Employment Agreement (McKesson Corp)
Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s 's employment pursuant to subparagraph 8(a9(a) above and the Company’s 's action is affirmed as specified in subparagraph 8(b9(b) above or Executive terminates his employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below)), then all of the Company’s 's obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s 's rights, if any, under the Company’s 's employee and executive benefit plans shall be determined solely in accordance with the express terms of the respective plans.;
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Samples: Employment Agreement (Onsource Corp)
Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s 's employment pursuant to subparagraph 8(a) above and the Company’s 's action is affirmed as specified in subparagraph 8(b) above or Executive terminates his employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below)), then all of the Company’s 's obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s 's rights, if any, under the Company’s 's employee and executive benefit plans shall be determined solely in accordance with the express terms of the respective plans.;
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Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s employment pursuant to subparagraph 8(a89(a) above and the Company’s action is affirmed as specified in subparagraph 8(b) above or Executive terminates his employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below)), then all of the Company’s obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s rights, if any, under the Company’s employee and executive benefit plans shall be determined deter-mined solely in accordance with the express terms of the respective plans.;
Appears in 1 contract
Samples: Employment Agreement (Ceragenix Pharmaceuticals, Inc.)
Obligations of the Company on Termination of Employment. (i) If the Company terminates Executive’s 's employment pursuant to subparagraph 8(a) above and the Company’s 's action is affirmed as specified in subparagraph 8(b) above or Executive terminates his employment with the Company other than for Good Reason (as defined in subparagraph (d)(iii) below)), then all of the Company’s 's obligations hereunder shall immediately cease and terminate. Executive shall thereupon have no further right or entitlement to additional salary, incentive compensation payments or awards, or any perquisites from the Company whatsoever, and Executive’s 's rights, if any, under the Company’s 's employee and executive benefit plans shall be determined deter- mined solely in accordance with the express terms of the respective plans.;
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