Common use of Rights Against Employer Clause in Contracts

Rights Against Employer. The benefits payable under this Article IV are exclusive, and no amount shall become payable to any person (including Executive) by reason of the termination of this Agreement under Section 3.3 (Termination by Employer) or Section 3.5 (Termination Due to Death or Disability) or upon the resignation of Executive, except as otherwise provided in this Article IV, including, without limitation, under Section 3.4 (Termination by Executive for Good Reason).

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Hycor Biomedical Inc /De/), Employment Agreement (Stratagene Corp)

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Rights Against Employer. The benefits payable under this Article IV are exclusive, and no amount shall become payable to any person (including the Executive) by reason of the termination of this Agreement under Section 3.3 (Termination by Employer) employment for any reason, with or Section 3.5 (Termination Due to Death or Disability) or upon the resignation of Executivewithout Cause, except as otherwise provided in this Article IV, including, without limitation, under IV and as described in Section 3.4 3.6 (Termination by Executive for Good Reason).

Appears in 1 contract

Samples: Employment Agreement (Stratagene Corp)

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Rights Against Employer. The benefits payable under this Article IV are exclusive, and no amount shall become payable to any person (including Executive) by reason of the termination of employment for any reason, with or without Cause, except as provided in this Agreement under Section 3.3 (Termination by Employer) or Article IV and as described in Section 3.5 (Termination Due to Death or Disability) ). Employer shall not be obligated to segregate any of its assets or upon procure any investment in order to fund the resignation of Executive, except as otherwise provided in benefits payable under this Article IV, including, without limitation, under Section 3.4 (Termination by Executive for Good Reason).

Appears in 1 contract

Samples: Employment Agreement (Stratagene Corp)

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