Termination of Agreement by Company. Notwithstanding anything to the contrary, the provisions of Sections 2(d) and (e) above shall not apply with respect to the Employee upon the termination of this Agreement by the Company pursuant to clause (ii) of Section 1 hereof.
Appears in 6 contracts
Samples: Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co), Severance Agreement (Layne Christensen Co)
Termination of Agreement by Company. Notwithstanding anything to the contrary, the provisions of (A) Sections 2(d) and (e) above shall not apply with respect to the Employee upon the termination of this Agreement by the Company pursuant to clause (ii) of Section 1 hereofhereof and (B) Section 2(e)(ii) shall not apply to activities related to the oilfield service business in the event that Employee has not been elected Chief Executive Officer of the Company on or before February 1, 2012.
Appears in 1 contract
Termination of Agreement by Company. Notwithstanding anything to the contrary, the provisions of Sections 2(d) and (e) above shall not apply with respect to the Employee upon the effective date of the termination of this Agreement by the Company pursuant to clause (ii) of Section 1 hereof.
Appears in 1 contract
Samples: Change of Control Severance Agreement (Layne Christensen Co)
