Common use of Termination of Payments Clause in Contracts

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 4, Anaren may offset and/or recover from Employee immediately any and all of the severance compensation paid to Employee under paragraph 2 hereof in addition to any and all other remedies available to Anaren under law or in equity.

Appears in 7 contracts

Samples: Change of Control Agreement (Anaren Inc), Change of Control Agreement (Anaren Inc), Change of Control Agreement (Anaren Inc)

AutoNDA by SimpleDocs

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 4, Anaren may offset and/or recover from Employee immediately any and all of the severance compensation paid to Employee under paragraph 2 subparagraph 2(a)(1) hereof in addition to any and all other remedies available to Anaren Employer under law or in equity.

Appears in 1 contract

Samples: Change of Control Agreement (Anaren Microwave Inc)

AutoNDA by SimpleDocs

Termination of Payments. Upon the breach by Employee of any covenant under this paragraph 48, Anaren may offset and/or recover from Employee immediately any and all of the severance compensation paid or payable to Employee under paragraph 2 hereof Employee, in addition to any and all other remedies available to Anaren under law or in equity.

Appears in 1 contract

Samples: Employment Agreement (Anaren Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!