Post-Termination Forfeiture of Severance Benefits. If SHO determines after the Date of Termination that Executive engaged in activity during employment with SHO that SHO determines constituted Cause, Executive will immediately cease to be eligible for Severance Benefits and will be required to reimburse SHO for any portion of Severance Benefits received by Executive during the Salary Continuation Period.
Appears in 5 contracts
Samples: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.), Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)
Post-Termination Forfeiture of Severance Benefits. If SHO determines after the Executive’s Date of Termination that Executive engaged in activity during employment with SHO that SHO determines constituted Cause, Executive will shall immediately cease to be eligible for Severance Benefits and will shall be required to reimburse SHO for any portion of the Salary Continuation paid to Executive and for the cost of other Severance Benefits received by Executive during the Salary Continuation Period.
Appears in 1 contract
Samples: Executive Severance Agreement (Sears Hometown & Outlet Stores, Inc.)
