Common use of Termination of Employment and Forfeiture of Compensation Clause in Contracts

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. Executive agrees that in the event that the Company determines that he or she [he/she] has breached any of the covenants set forth in Section 10 above during his or her [his/her] employment, the Company shall have the right to terminate his or her [his/her] employment for Cause. In addition, Executive agrees that if the Company determines that he or she [he/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 Executive and the separation agreement and release executed set forth 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. Executive agrees that in the event that the Company determines that he or she executive has breached any of the covenants set forth in Section 10 8 above during his or her executive’s employment, the Company shall have the right to terminate his or her executive’s 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 8 at any time, the Company shall have the right to discontinue any or all remaining benefits payable pursuant to Section 5 or 6 7 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 Executive and the separation agreement and release executed set forth in accordance with Section 5(a)(iii7(a)(iii) or Section 6(a)(iii), as applicable, which shall remain in full force and effect.