SEVERANCE PAYMENTS AND BENEFITS UPON A QUALIFIED TERMINATION. (a) Omtool will provide you with the severance payments listed below only in the event of a Qualified Termination and provided that you execute a separation agreement and general release in a form acceptable to the Company, except that the release will not effect your rights to indemnification, any rights under applicable directors and officers liability insurance, or vested benefits (if any), and provided that you continue to adhere to any post-termination obligations including, but not limited to, any non-competition, non-disclosure and non-solicitation covenants. A “
Appears in 2 contracts
Samples: Noncompetition and Nonsolicitation Agreement (Omtool LTD), Omtool LTD
SEVERANCE PAYMENTS AND BENEFITS UPON A QUALIFIED TERMINATION. (a) Omtool will provide you with the severance payments listed below only in the event of a Qualified Termination and provided that you execute a separation agreement and general release agreement in a form acceptable to the Company, except that the release will not effect your rights to indemnification, any rights under applicable directors and officers liability insurance, indemnification or vested benefits (if any)Benefits, and provided that you continue to adhere to any post-termination obligations including, but not limited to, any non-competition, non-disclosure and non-solicitation covenants. A “
Appears in 2 contracts
Samples: Omtool LTD, Omtool LTD
SEVERANCE PAYMENTS AND BENEFITS UPON A QUALIFIED TERMINATION. (a) Omtool will provide you with the severance payments listed below only in the event of a Qualified Termination or Resignation and provided that you execute a separation agreement and general release in a form acceptable to the Company, except that the release will not effect affect your rights to indemnification, any rights under applicable directors and officers liability insurance, or vested benefits (if any), and provided that you continue to adhere to any post-termination obligations including, but not limited to, any non-competition, non-disclosure and non-solicitation covenants. A “
Appears in 1 contract
Samples: Noncompetition and Nonsolicitation Agreement (Omtool LTD)