Common use of PAYMENTS AND BENEFITS UPON TERMINATION Clause in Contracts

PAYMENTS AND BENEFITS UPON TERMINATION. Beginning on the Effective Date, and subject to Executive executing a release in form and substance reasonably satisfactory to the Company, Executive shall be entitled to the following payments and benefits following termination of Executive's employment by Executive for Good Reason (as defined below) or by the Company for any reason other than Cause (as defined below), including non-renewal of this Agreement, or upon Executive's death or Disability (as defined below).

Appears in 3 contracts

Samples: Executive Employment Agreement (Loudeye Corp), Executive Employment Agreement (Loudeye Corp), Executive Employment Agreement (Loudeye Corp)

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PAYMENTS AND BENEFITS UPON TERMINATION. Beginning on the Effective Date, and subject to Executive executing a release in form and substance reasonably satisfactory to the Company, Executive shall be entitled to the following payments and benefits following termination of Executive's employment by Executive for Good Reason (as defined below) or by the Company for any reason other than Cause (as defined below), including non-renewal of this Agreement, or upon Executive's death or Disability (as defined below), and provided that the Executive signs a release of all claims or potential claims against the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Loudeye Corp), Executive Employment Agreement (Loudeye Corp)

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