Common use of Payments Due Upon Termination of Employment Clause in Contracts

Payments Due Upon Termination of Employment. Except as otherwise provided in this Agreement, upon termination of Executive’s employment, Company and the Subsidiaries shall have no further obligation to Executive, by way of compensation or otherwise. (a) Upon termination of Executive’s employment with Company at any time and for any reason, in the event of the termination of Executive’s employment by Company for Cause, or termination of Executive’s employment as a result of death, Disability, Executive’s resignation for Good Reason or without Good Reason, Executive will be entitled to receive only the severance benefits set forth below and those provided in the Severance Agreement, if applicable, pursuant to the terms and conditions thereof, and Executive will not be entitled to any other compensation, award, or damages with respect to Executive’s employment or termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Oncocyte Corp)

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Payments Due Upon Termination of Employment. Except as otherwise provided in this Agreement, upon termination of Executive’s employment, the Company and the Subsidiaries shall have no further obligation to Executive, by way of compensation or otherwise. (a) Upon termination of Executive’s employment with the Company at any time and for any reason, in the event of the termination of Executive’s employment by the Company for Cause, or termination of Executive’s employment as a result of death, Disability, Executive’s resignation for Good Reason or without Good Reason, or upon the Term Expiration, Executive will be entitled to receive only the severance compensation and benefits set forth below and those provided in the Severance Agreement, if applicable, pursuant to the terms and conditions thereofbelow, and Executive will not be entitled to any other compensation, award, or damages with respect to Executive’s employment or termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Oncocyte Corp)

Payments Due Upon Termination of Employment. Except as otherwise provided in this Agreement, upon termination of Executive’s employment, the Company and the Subsidiaries shall have no further obligation to Executive, by way of compensation or otherwise. (a) Upon termination of Executive’s employment with the Company at any time and for any reason, in the event of the termination of Executive’s employment by the Company for Cause, or termination of Executive’s employment as a result of death, Disability, Executive’s resignation for Good Reason or without Good Reason, Executive will be entitled to receive only the severance compensation and benefits set forth below and those provided in the Severance Agreement, if applicable, pursuant to the terms and conditions thereofbelow, and Executive will not be entitled to any other compensation, award, or damages with respect to Executive’s employment or termination of employment, unless otherwise specified by the Board and CEO.

Appears in 1 contract

Samples: Employment Agreement (Oncocyte Corp)

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Payments Due Upon Termination of Employment. Except as otherwise provided in this Agreement, upon termination of Executive’s employment, the Company and the Subsidiaries shall have no further obligation to Executive, by way of compensation or otherwise. (a) Upon termination of Executive’s employment with the Company at any time and for any reason, in the event of the termination of Executive’s employment by the Company for Cause, or termination of Executive’s employment as a result of death, Disability, Executive’s resignation for Good Reason or without Good Reason, Executive will be entitled to receive only the severance compensation and benefits set forth below and those provided in the Severance Agreement, if applicable, pursuant to the terms and conditions thereofbelow, and Executive will not be entitled to any other compensation, award, or damages with respect to Executive’s employment or termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Oncocyte Corp)

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