Termination of Obligations. In the event of the termination of the Executive’s employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in Section 3 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3.
Appears in 9 contracts
Samples: Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Companyhereunder and pursuant to this Section 3, the Company shall will have no obligation to pay the Executive any base salaryBase Salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3.
Appears in 6 contracts
Samples: Employment Agreement (Whos Your Daddy Inc), Employment Agreement (Whos Your Daddy Inc), Employment Agreement (Whos Your Daddy Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Companyhereunder and pursuant to this Section 5, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as otherwise provided in Section 3 this Agreement or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable lawsplans or for reimbursement of reasonable, the Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3documented business expenses.
Appears in 6 contracts
Samples: Employment Agreement (Jazz Pharmaceuticals Inc), Employment Agreement (Jazz Pharmaceuticals Inc), Employment Agreement (Jazz Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s 's employment with the Companyhereunder and pursuant to this Section 4, the Company shall have no obligation to pay Executive any base salaryBase Salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 4 or for benefits due to the Executive (and/or the Executive’s dependents) 's dependents under the terms of the Company’s 's benefit plans). To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to this Section 34.4.
Appears in 6 contracts
Samples: Employment Agreement (Previo Inc), Employment Agreement (Lightspan Inc), Employment Agreement (Lightspan Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in Section 3 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3.extent
Appears in 3 contracts
Samples: Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s 's employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 2 or for benefits due to the Executive (and/or the Executive’s 's dependents) under the terms of the Company’s 's benefit plans. To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to this Section 32.2.
Appears in 3 contracts
Samples: Severance Agreement (Anadys Pharmaceuticals Inc), Severance Agreement (Anadys Pharmaceuticals Inc), Severance Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 2 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to this Section 32.2.
Appears in 2 contracts
Samples: Severance Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in Section 3 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3.
Appears in 1 contract
Samples: Change in Control Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s employment with the Companyhereunder and pursuant to this Section 4, the Company shall have no obligation to pay Executive any base salary, bonus Base Salary or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 4 or for benefits due to the Executive (and/or and/or, if applicable, the Executive’s dependents) dependents under the terms of the Company’s benefit plans). To the extent permitted by applicable laws, Executive acknowledges and agrees that upon termination (for any reason) the Company may offset any amounts Executive owes it or its affiliates or subsidiaries against any amount it owes Executive pursuant to this Section 34.4.
Appears in 1 contract
Termination of Obligations. In the event of the termination of the Executive’s employment with the Company, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in Section Sections 3 and 4 or for benefits due to the Executive (and/or the Executive’s dependents) under the terms of the Company’s benefit plans. To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3Sections 3 or 4.
Appears in 1 contract
Samples: Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc)
Termination of Obligations. In the event of the termination of the Executive’s 's employment with the Companyhereunder and pursuant to this Section 4, the Company shall have no obligation to pay Executive any base salaryBase Salary, bonus Bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 4 or for benefits due to the Executive (and/or the Executive’s 's dependents) under the terms of the Company’s 's benefit plans. To the extent permitted by applicable laws, the The Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to this Section 34.4.
Appears in 1 contract
Termination of Obligations. In the event of the termination of the Executive’s 's employment with the Companyhereunder and pursuant to this Section 4, the Company shall have no obligation to pay Executive any base salary, bonus or other compensation or benefits, except as earned prior to the date of termination or as provided in this Section 3 4 or for benefits due to the Executive (and/or the Executive’s 's dependents) under the terms of the Company’s 's benefit plans. To the extent permitted by applicable laws, the Company may offset any amounts Executive owes it or its subsidiaries against any amount it owes Executive pursuant to Section 3.
Appears in 1 contract
Samples: Employment Agreement (Advanced Remote Communication Solutions)