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

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.

Appears in 9 contracts

Samples: Employment Agreement (Waste Services, Inc.), Employment Agreement (Waste Services, Inc.), Waste Services (Waste Services, Inc.)

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