Common use of Rights in Event of Certain Termination of Employment Clause in Contracts

Rights in Event of Certain Termination of Employment. In the event that the Executive resigns from employment for Good Reason, by delivery of a Notice of Termination or other permitted notice to Medifast, or the Executive's employment is terminated by Medifast without Cause, Executive will be entitled to receive the payments set forth in this section.

Rights in Event of Certain Termination of Employment. In the event that the Executive resigns from employment for Good Reason, by delivery of a Notice of Termination or other permitted notice to MedifastMain and the Bank, or the Executive's employment is terminated by Medifast Main without Cause, Executive will be entitled to receive the payments amounts and benefits set forth in this section.

Rights in Event of Certain Termination of Employment. In the event that the Executive resigns from employment for Good Reason, by delivery of a Notice of Termination or other permitted notice to MedifastMain and the Bank, or the Executive's employment is terminated by Medifast Main and/or the Bank without Cause, Executive will be entitled to receive the payments amounts and benefits set forth in this section.

Rights in Event of Certain Termination of Employment. In the event that the Executive resigns from employment for Good Reason, by delivery of a Notice of Termination or other permitted notice to MedifastBoardwalk, or the Executive's employment is terminated by Medifast Boardwalk without Cause, Executive will be entitled to receive the payments amounts and benefits set forth in this section.

Rights in Event of Certain Termination of Employment. In the event that the Executive resigns from employment for Good Reason, by delivery of a Notice of Termination or other permitted notice to MedifastHealthRite, or the Executive's employment is terminated by Medifast HealthRite without Cause, Executive will be entitled to receive the payments set forth in this section.