Repayment Forgiveness Sample Clauses

Repayment Forgiveness. AMD agrees to forgive any repayment due AMD under this Agreement where AMD terminates Employee’s employment due to a company- or department-wide reduction-in-force. AMD may also, in its sole discretion, forgive any repayment due AMD under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Employee’s voluntary termination of his/her employment, or AMD’s termination of Employee’s employment for any reason other than those stated in this section 2(b), are not conditions requiring forgiveness of any repayment due AMD under this Agreement.
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Repayment Forgiveness. AMD agrees to forgive any repayment due AMD under this Agreement where AMD terminates Candidate’s employment due to a company- or department-wide reduction-in-force, termination other than for Cause (as defined below), or termination due to Candidate’s death or disability rendering him unable to continue with employment. AMD may also, in its sole discretion, forgive any repayment due AMD under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Candidate’s voluntary termination of his/her employment, or AMD’s termination of Candidate’s employment for Cause, are not conditions requiring forgiveness of any repayment due AMD under this Agreement. For purposes of this Agreement, “Cause” to terminate employment is defined as a willful act of embezzlement, fraud or dishonesty which resulted in material loss, material damage or material injury to AMD, as determined by the Company.
Repayment Forgiveness. COMPANY may also, in its sole discretion, forgive any repayment due COMPANY under this Agreement The Parties agree that Candidate’s voluntary termination of his/her employment, or COMPANY’S termination of Candidate’s employment for any reason are not conditions requiring forgiveness of any repayment due COMPANY under this Agreement.
Repayment Forgiveness. Pursuant to your offer letter from the Company dated October 26, 2021 (the “Offer Letter”), because you are resigning, you are required to repay your signing bonus to the Company. However, if you timely sign this Agreement, allow it to become effective, and comply with your legal and contractual obligations to the Company, then the Company will forgive repayment of this amount. You hereby acknowledge and agree that because you are resigning, you are not otherwise entitled to any severance benefits or accelerated vesting under the terms of your Offer Letter.
Repayment Forgiveness. KDCE agrees to forgive any repayment due KDCE under this Agreement where KDCE terminates Candidate’s employment due to a company- or department-wide reduction-in-force. KDCE may also, in its sole discretion, forgive any repayment due KDCE under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Candidate’s voluntary termination of his/her employment, or KDCE’s termination of Candidate’s employment for any reason other than those stated in this section 2(b), are not conditions requiring forgiveness of any repayment due KDCE under this Agreement.
Repayment Forgiveness. AMD agrees to forgive any repayment due AMD under this Agreement where AMD terminates Employee’s employment due to a company- or department-wide reduction-in-force. AMD may also, in its sole discretion, forgive any repayment due AMD under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Employee’s voluntary termination of her employment, or AMD’s termination of Employee’s employment for any reason other than those stated in this section 1(b), are not conditions requiring forgiveness of any repayment due AMD under this Agreement. 0000 Xxxxxxxxx Xxxxxxx Xxxxxx, XX 00000
Repayment Forgiveness. The Company agrees to forgive any repayment due the Company under this Agreement where the Company terminates Employee’s employment due to a Company- or department-wide reduction-in-force. The Company may also, in its sole discretion, forgive any repayment due the Company under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Employee’s voluntary termination of his employment, or the Company’s termination of Employee’s employment for any reason other than those stated in this section 3(c), are not conditions requiring forgiveness of any repayment due the Company under this Agreement.
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Repayment Forgiveness. Without limiting the provisions of Section 2)a) above, INSYS agrees to forgive any repayment due INSYS under this Agreement where INSYS terminates Candidate’s employment due to a company- or department-wide reduction-in-force. INSYS may also, in its sole discretion, forgive any repayment due INSYS under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Candidate’s voluntary termination of his employment other than for Good Reason, or INSYS’ termination of Candidate’s employment for Cause, are not conditions requiring forgiveness of any repayment due INSYS under this Agreement.
Repayment Forgiveness. If the Company terminates Executive’s employment with the Company other than for Cause (excluding by reason of death or Disability), Company agrees to forgive any repayment due Company under this Section 4(b). The Parties agree that Executive’s voluntary termination of his employment, or Company’s termination of Candidate’s employment for Cause, are not conditions requiring forgiveness of any repayment due Company under this Agreement.
Repayment Forgiveness. GMPW agrees to forgive any repayment due GMPW under this Agreement where GMPW terminates Officer’s employment due to a company- or department-wide reduction-in-force. GMPW may also, in its sole discretion, forgive any repayment due GMPW under this Agreement under circumstances of an extraordinary or unavoidable nature. The Parties agree that Officer’s voluntary termination of his/her employment, or GMPW’s termination of Officer’s employment for any reason other than those stated in this section 2(b), are not conditions requiring forgiveness of any repayment due GMPW under this Agreement.
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