Termination of Severance Benefits. All Severance Benefits shall be discontinued completely as of the date when the Employee returns to employment or self-employment, whether full- or part-time, with an entity that offers any group health insurance coverage to its employees or independent contractors, regardless of whether such coverage is equivalent to the insurance coverage contemplated by the Severance Benefits.
Termination of Severance Benefits. All benefits payable under Section 4 of this Agreement pursuant to the Subject Agreements will be terminated if Parent or the Company determines that the Executive has violated the noncompetition or confidentiality provisions contained in Sections 6 and 7 of this Agreement or contained in any other agreement between the Executive and Parent and/or the Company.
Termination of Severance Benefits. Severance Benefits shall immediately cease if Executive commits a violation of any of the terms of this Agreement relating to confidentiality, non-disclosure, non-solicitation and non-competition.
Termination of Severance Benefits. Notwithstanding anything to the contrary contained herein, in the event that Employee engages in any conduct prohibited by Sections 6(b) or 7(a) hereof for any reason whatsoever, Employee shall not receive any of the severance benefits he otherwise would be entitled to receive pursuant to Sections 5(b) or 5(c) hereof or as otherwise provided in this Agreement.
Termination of Severance Benefits. Executive acknowledges that his right to the Severance Benefits is conditional on his compliance with the Restrictive Covenants. In the event that Executive fails to comply with any of the Restrictive Covenants, in addition to any other legal or equitable remedies it may have for such breach, the Company shall have the right to terminate the Severance Benefits set forth in Section 2 of this Release Agreement. The termination of those payments in the event of such breach by the Executive shall not affect the ongoing applicability of the Restrictive Covenants.
Termination of Severance Benefits. The Company's obligations, and your rights to Severance Benefits pursuant to Sections 6(a) through (c) shall cease and be rendered a nullity immediately in the event that during the Severance Period you:
(a) breach your obligations under your Proprietary Information Agreement or this Agreement, including without limitation the obligations set forth in Section 3; or
(b) directly or indirectly, whether as an officer, director, employee, stockholder, partner, proprietor, associate, representative, consultant, or in any capacity whatsoever engage in, become financially interested in, be employed by or have any business connection with any stand-alone business, or any business residing within a corporation or any other entity, which develops, licenses, distributes and/or markets software and/or systems for the management of digital medical images, which could be either stand-alone systems or integrated into broader systems, including, but not limited to, Picture Archiving and Communications Systems, image display systems, image distribution systems and/or image archiving systems, anywhere in the world; provided, however, that anything above to the contrary notwithstanding, you may you may (x) own, as a passive investor, securities of any entity, so long as your direct holdings in any one such corporation do not in the aggregate constitute more than one percent (1%) of the voting stock of such corporation, and (y) work for an entity that engages in the prohibited activity set forth above if: (1) you work in a separate and distinct business department, division or unit that does not directly or indirectly engage in such prohibited activity; (2) you do not provide services for the benefit of or support the business department, division or unit that engages in such prohibited activity; and (3) you do not directly or indirectly provide information on the Company's business to the business department, division or unit that engages in such prohibited activity.
Termination of Severance Benefits. The provision of the Severance Benefits pursuant to Section 2(d) above and the waiver, payment or reimbursement of any premium or contribution required for the continuation of COBRA coverage is expressly conditioned upon Employee’s compliance with the foregoing provisions of this Section 5, including the continuing obligations under Employee’s Employment Agreement and the policies of the Company. Employee’s receipt of the Severance Payments is further conditioned upon Employee not accepting full- or part-time employment with, or otherwise providing a material amount of consulting services to, any Competitor at any time prior to November 30, 2017. Employee’s receipt of the 2018 Cash Payment is further conditioned upon Employee not accepting full- or part-time employment with, or otherwise providing a material amount of consulting services to, any Competitor at any time prior to November 30, 2017. If at any time Employee shall (i) breach any of the provisions of this Section 5, including the continuing obligations under Employee’s Employment Agreement and the policies of the Company or its Affiliates, or (ii) become employed by, or otherwise provide a material amount of consulting services to, any Competitor at any time prior to November 30, 2017, then the Severance Payments shall immediately terminate and the Company shall have no further obligation to pay any further Severance Payments pursuant to Section 2(d). If before the payment of the 2018 Cash Payment the Employee shall (x) breach any of the provisions of this Section 5, including the continuing obligations under Employee’s Employment Agreement and the policies of the Company or its Affiliates, or (y) become employed by, or otherwise provide a material amount of consulting services to, any Competitor before November 30, 2017, then there shall be no payment of the 2018 Cash Payment, as applicable.
Termination of Severance Benefits. The Executive acknowledges and agrees that the Executive has elected to voluntarily terminate employment with the Company without Good Reason under the Employment Agreement. Therefore, the Executive acknowledges and agrees that effective as of the date hereof, the Executive is no longer entitled to any severance protections under Section 3 or Section 8 of the Employment Agreement, or otherwise under the Employment Agreement or any other arrangement with the Company, after the date hereof in connection with the Executive’s termination of employment for any reason, or no reason, after the date hereof. After the date hereof, the Executive’s sole right to any benefits related to the Executive’s termination of employment shall be governed by the terms of the Agreement.
Termination of Severance Benefits. If Executive's employment by the Company is terminated (x) by the Company pursuant to Section 6(c) hereof or (y) by Executive pursuant to Section 6(d) hereof, and Executive subsequently (A) solicits, induces or influences any customer, client, lender, lessor or any other Person which then has a business relationship with Ewinx xx the Company in the Ewinx Xxxket, to discontinue or reduce the extent of such relationship with Ewinx xx the Company in the Ewinx Xxxket; (B) recruits, solicits or otherwise induces or influences any Key Employee of Ewinx xx the Company to discontinue such employment or agency relationship with Ewinx xx the Company; or (C) employs or seeks to employ, or causes or permits any Competitive Business to employ or seek to employ as a Key Employee for any Competitive Business, any Person who is then (or was at any time within six (6) months prior to the date Executive or the Competitive Business employs or seeks to employ such Person) employed by Ewinx xx the Company as a Key Employee, then the Company immediately terminate and shall not be required to continue on behalf of Executive or his dependents and beneficiaries any employee benefit, retirement and compensation plan benefits and other prerequisites provided to Executive by the Company other than those benefits that the Company may be required to maintain for Executive under applicable federal or state law.
Termination of Severance Benefits. Employee’s right to receive severance pay or benefits under this Agreement shall terminate immediately either (A) if the Company establishes (whether before or after the Employee’s termination of employment) that the Employee engaged in any of the behavior described in the “Cause” definition set forth below and the Cause Process has been completed or (B) if, at any time prior to, or during the twelve
