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)

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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)

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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)

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