Termination of Employment and Forfeiture of Compensation Sample Clauses

Termination of Employment and Forfeiture of Compensation. Executive agrees that any breach by Executive of any of the covenants set forth in Section 8 hereof during Executive's employment by the Company, shall be grounds for immediate dismissal of Executive and forfeiture of any accrued and unpaid salary, bonus, commissions or other compensation of such Executive as liquidated damages, which shall be in addition to and not exclusive of any and all other rights and remedies the Company may have against Executive.
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Termination of Employment and Forfeiture of Compensation. Executive agrees that in the event that the Company determines that he or she has breached any of the covenants set forth in Section 10 above during his or her employment, the Company shall have the right to terminate his or her employment for Cause. In addition, Executive agrees that if the Company determines that he or she has breached any of the covenants set forth in Section 10 at any time, the Company shall have the right to discontinue any or all remaining benefits payable pursuant to Section 5 or 6 above, as applicable. Such termination of employment or discontinuance of benefits shall be in addition to and shall not limit any and all other rights and remedies that the Company may have against Executive, including under the separation agreement and release executed in accordance with Section 5(a)(iii) or Section 6(a)(iii), as applicable, which shall remain in full force and effect.
Termination of Employment and Forfeiture of Compensation. Employee agrees that any breach by Employee of any of the covenants set forth in Section 7 hereof during Employee's employment by the Company, shall be grounds for immediate dismissal of Employee and forfeiture of any accrued and unpaid salary, bonus, commissions or other compensation of such Employee as liquidated damages, which shall be in addition to and not exclusive of any and all other rights and remedies the Company may have against Employee.
Termination of Employment and Forfeiture of Compensation. Notwithstanding anything in this Agreement to the contrary, in the event that the Board of Directors or a duly authorized committee thereof determines in its good faith judgment that Executive has violated Sections 8(a) or 8(b) hereof, the Company shall have the right to suspend or terminate any or all remaining payments or benefits payable pursuant to Section 6 and/or 7 of this Agreement. Such suspension or termination of benefits shall be in addition to and shall not limit any and all other rights and remedies that the Company may have against Executive.
Termination of Employment and Forfeiture of Compensation. Executive agrees that in the event that PROMISTAR determines that he has breached any of the covenants set forth in Section 9 above during his employment, PROMISTAR shall have the right to terminate his employment for Cause in accordance with Section 5(c) hereof. In addition, Executive agrees that if PROMISTAR determines that he has breached any of the covenants set forth in Section 9 at any time, PROMISTAR shall have the right to discontinue any or all remaining benefits payable pursuant to Section 6 or 7 above. Such termination of employment or discontinuance of benefits shall be in addition to and shall not limit any and all other rights and remedies that PROMISTAR may have against Executive.
Termination of Employment and Forfeiture of Compensation. Executive agrees that any breach by Executive of any of the Protective Covenants set forth in Section 10 during Executive’s employment with the Company shall be grounds for immediate employment termination of Executive for Cause pursuant to Section 5(c)(i), which shall be in addition to and not exclusive of any and all other rights and remedies the Company may have against Executive. In the event that Executive violates one of the Protective Covenants, (i) the Company shall have the right to immediately cease making any payments that it may otherwise owe to Executive, if any, (ii) Executive will forfeit any remaining rights to payments or continuing benefits provided by this Agreement, if there are any, and (iii) upon the Company’s demand, Executive will refund to the Company any amounts, plus interest, previously paid by Company to Executive pursuant to Subsections 6(e)(iii), 6(e)(iv), 6(e)(v), 7(a)(i) or 7(a)(ii), less one thousand dollars ($1,000) which Executive shall be entitled to retain as fully sufficient consideration to support and maintain in effect any contractual obligations that Executive has to the Company prior to the refund, including the Release as defined herein.
Termination of Employment and Forfeiture of Compensation. Executive agrees that any breach by Executive of any of the Protective Covenants set forth in Section 9 during Executive’s employment with the Company shall be grounds for immediate employment termination of Executive for Cause, which shall be in addition to and not exclusive of any and all other rights and remedies the Company may have against Executive. In the event that Executive violates one of the Protective Covenants, (i) the Company shall have the right to immediately cease making any payments that it may otherwise owe to Executive, if any, under this Agreement, the Severance Plan or otherwise (ii) Executive will forfeit any remaining rights to payments or continuing benefits provided by this Agreement, if there are any, under this Agreement, the Severance Plan or otherwise and (iii) upon the Company’s demand, Executive will refund to the Company any severance benefits or amounts, plus interest, previously paid by Company to Executive pursuant to this Agreement, the Severance Plan or otherwise, less one thousand dollars ($1,000) which Executive shall be entitled to retain as fully sufficient consideration to support and maintain in effect any contractual obligations that Executive has to the Company prior to the refund, including the Release as defined herein.
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Termination of Employment and Forfeiture of Compensation. Executive agrees that in the event that Viewlocity determines that he has breached any of the covenants set forth in Section 6 or 7 above during his employment, Viewlocity shall have the right to terminate his employment for Cause. In addition, Executive agrees that if Viewlocity determines that he has breached any of the covenants set forth in Section 6 or 7 at any time, Viewlocity shall have the right to discontinue any or all remaining benefits payable pursuant to Section 5 above, as applicable. Such termination of employment or discontinuance of benefits shall be in addition to and shall not limit any and all other rights and remedies that Viewlocity may have against Executive.
Termination of Employment and Forfeiture of Compensation. EMPLOYEE agrees that in the event that the EMPLOYER determines that EMPLOYEE has breached any of the covenants set forth in Section 7 hereof during EMPLOYEE's employment, the EMPLOYER shall have the right to terminate EMPLOYEE's employment for "Cause." For purposes of this Agreement, the term "Cause" shall mean, with respect to the EMPLOYEE, any of the following: (i) commission by EMPLOYEE of a felony or of any criminal act involving moral turpitude which results in an arrest or indictment; (ii) deliberate and continual refusal to satisfactorily perform employment duties reasonably requested by the EMPLOYER after 20 days' written notice by certified mail of such failure to perform, specifying that the failure constitutes cause (other than as a result of vacation, sickness, illness or injury); (iii) fraud or embezzlement determined in accordance with the EMPLOYER's normal, internal investigative procedures consistently applied in comparable circumstances to EMPLOYEES; (iv) gross misconduct or gross negligence in connection with the business of the EMPLOYER which has substantial effect on the EMPLOYER; (v) failure to obtain and maintain in good order any licenses required for EMPLOYEE to perform his duties under this Agreement; or (vi) a breach of any of the covenants set forth in Section 7 above. EMPLOYEE will be considered to have been terminated for "Cause" if the EMPLOYER determines that EMPLOYEE engaged in an act constituting "Cause," regardless of whether the individual terminates employment voluntarily or is terminated involuntarily, and regardless of whether the individual's termination initially was considered to have been for "Cause." The determination of "Cause" shall be made by the EMPLOYER in its sole discretion, and shall be final and binding on all parties. In addition, EMPLOYEE agrees that if the EMPLOYER determines that EMPLOYEE has breached any of the covenants set forth in Section 7 at any time, the EMPLOYER shall have the right, notwithstanding anything herein to the contrary, to discontinue any or all amounts otherwise payable to EMPLOYEE hereunder. Such termination of employment or discontinuance of payments shall be in addition to and shall not limit any and all other rights and remedies that the EMPLOYER may have against EMPLOYEE.
Termination of Employment and Forfeiture of Compensation. EMPLOYEE agrees that in the event that the EMPLOYER determines that EMPLOYEE has breached any of the covenants set forth in Section 7 hereof during EMPLOYEE's employment, the EMPLOYER shall have the right to terminate EMPLOYEE's employment for "Cause." For purposes of this Agreement, the term "Cause" shall mean, with respect to the EMPLOYEE, any of the following: (i) commission by EMPLOYEE of a felony or of any criminal act involving moral turpitude which results in an arrest or indictment; (ii) deliberate and continual refusal to
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