Common use of Rights and Remedies of Executive Clause in Contracts

Rights and Remedies of Executive. If termination of Executive's employment by Haggar is not for Cause, Executive shall be entitled to receive, as the exclusive remedy for such termination, violation or failure, payment of the then Basic Salary (payable when and as such payments would have become due) for a period beginning on the date of termination and ending on the date on which the term of this Agreement would have expired in accordance with Section C, reduced by any payments made to Executive pursuant to the Plan or from any other Person as compensation for services rendered. It is EXECUTIVE EMPLOYMENT AGREEMENT 6 understood, however, that Executive shall have no obligation to seek other employment during such period. In the event of any violation of Sections F, G or H, Executive shall cease to be entitled to any payments pursuant to this Section K or the Plan (no limitation on any other remedies available to Haggar being intended).

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Rights and Remedies of Executive. If termination of Executive's ’s employment by Haggar is not for Cause, Executive shall be entitled to receive, as the exclusive remedy for such termination, violation or failure, payment of the then Basic Salary (payable when and as such payments would have become due) for a period beginning on the date of termination and ending on the date on which the term of this Agreement would have expired in accordance with Section C, reduced by any payments made to Executive pursuant to the Plan or from any other Person as compensation for services rendered. It is EXECUTIVE EMPLOYMENT AGREEMENT 6 understood, however, that Executive shall have no obligation to seek other employment during such period. In the event of any violation of Sections F, G or H, Executive shall cease to be entitled to any payments pursuant to this Section K or the Plan (no limitation on any other remedies available to Haggar being intended).

Appears in 1 contract

Samples: Executive Employment Agreement (Haggar Corp)

Rights and Remedies of Executive. If termination of Executive's employment by Haggar is not for Cause, Executive shall be entitled to receive, as the exclusive remedy for such termination, violation or failure, payment of the then Basic Salary (payable when and as such payments would have become due) for a period beginning on the date of termination and ending on the date on which the term of this Agreement would have expired in accordance with Section C, reduced by any payments made to Executive pursuant to the Plan or from any other Person as compensation for services rendered. It is EXECUTIVE EMPLOYMENT AGREEMENT 6 understood, however, that Executive shall have no obligation to seek other employment during EXECUTIVE EMPLOYMENT AGREEMENT 6 such period. In the event of any violation of Sections F, G or H, Executive shall cease to be entitled to any payments pursuant to this Section K or the Plan (no limitation on any other remedies available to Haggar being intended).

Appears in 1 contract

Samples: Executive Employment Agreement (Haggar Corp)

AutoNDA by SimpleDocs

Rights and Remedies of Executive. EXECUTIVE EMPLOYMENT AGREEMENT 6 If termination of Executive's employment by Haggar is not for Cause, Executive shall be entitled to receive, as the exclusive remedy for such termination, violation or failure, payment of the then Basic Salary (payable when and as such payments would have become due) for a period beginning on the date of termination and ending on the date on which the term of this Agreement would have expired in accordance with Section C, reduced by any payments made to Executive pursuant to the Plan or from any other Person as compensation for services rendered. It is EXECUTIVE EMPLOYMENT AGREEMENT 6 understood, however, that Executive shall have no obligation to seek other employment during such period. In the event of any violation of Sections F, G or H, Executive shall cease to be entitled to any payments pursuant to this Section K or the Plan (no limitation on any other remedies available to Haggar being intended).

Appears in 1 contract

Samples: Executive Employment Agreement (Haggar Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!