Common use of Termination for Other Reason Clause in Contracts

Termination for Other Reason. If the Executive's employment shall be terminated by the Company for Cause or by the Executive other than for Good Reason, death or Disability, neither Parent nor the Company shall have any further obligations to the Executive under this Agreement other than the obligation to pay to the Executive the Accrued Obligation and any postemployment benefits to which the Executive is entitled under the terms of Parent's or the Company's employee benefit plans.

Appears in 3 contracts

Samples: Employment Agreement (Dynamics Corp of America), Employment Agreement (Dynamics Corp of America), Employment Agreement (Dynamics Corp of America)

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Termination for Other Reason. If the Executive's employment shall be terminated by the Company Parent for Cause or death, or by the Executive other than for Good Reason, death or Disability, neither Parent nor the Company shall have any no further obligations to the Executive under this Agreement other than the obligation to pay to the Executive the Accrued Obligation and any postemployment benefits to which the Executive is entitled under the terms of Parent's or the Company's employee benefit plansObligation.

Appears in 2 contracts

Samples: Employment Agreement (Foundation Health Systems Inc), Employment Agreement (Foundation Health Systems Inc)

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Termination for Other Reason. If the Executive's employment shall be terminated by the Company for Cause or by the Executive other than for Good Reason, death or Disability, neither Parent nor the Company shall not have any further obligations to the Executive under this Agreement other than the obligation to pay to the Executive the Accrued Obligation and any postemployment benefits to which the Executive is entitled under the terms of Parent's or the Company's employee benefit plans.

Appears in 1 contract

Samples: Employment Agreement (CTS Corp)

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