Common use of Other Than Nonqualifying Termination Clause in Contracts

Other Than Nonqualifying Termination. If the employment of EXECUTIVE shall terminate during the term of this Agreement (including any extension of such term), other than by reason of Nonqualifying Termination, then EXECUTIVE shall receive the following severance benefits as compensation for services rendered.

Appears in 5 contracts

Samples: Executive Employment Agreement (WorldSpace, Inc), Executive Employment Agreement (WorldSpace, Inc), Executive Employment Agreement (WorldSpace, Inc)

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Other Than Nonqualifying Termination. If the employment of EXECUTIVE shall terminate during the term of this Agreement (including any extension of such term), other than by reason of a Nonqualifying Termination, then EXECUTIVE shall receive the following severance benefits as compensation for services rendered.

Appears in 1 contract

Samples: Executive Employment Agreement (WorldSpace, Inc)

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