Common use of Voluntary Resignation or Termination for Cause Clause in Contracts

Voluntary Resignation or Termination for Cause. If the Employee's employment with the Company terminates as a result of the Employee's voluntary resignation which is not an Involuntary Termination or if the Employee is terminated for Cause at any time after a Change of Control, then the Employee shall not be entitled to receive severance or other benefits hereunder, but may be eligible for those benefits (if any) as may then be established under the Company's then existing severance and benefits plans and policies at the time of such termination.

Appears in 13 contracts

Samples: Change of Control Severance Agreement (Cholestech Corporation), Change of Control Severance Agreement (Cholestech Corporation), Change of Control Severance Agreement (Cholestech Corporation)

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Voluntary Resignation or Termination for Cause. If the Employee's ’s employment with the Company terminates as a result of the Employee's ’s voluntary resignation which is not an Involuntary Termination or if the Employee is terminated for Cause at any time after a Change of Control, then the Employee shall not be entitled to receive severance or other benefits hereunder, but may be eligible for those benefits (if any) as may then be established under the Company's ’s then existing severance and benefits plans and policies at the time of such termination.

Appears in 13 contracts

Samples: Change of Control Severance Agreement, Change of Control Severance Agreement (XOMA Corp), Change of Control Severance Agreement (XOMA Corp)

Voluntary Resignation or Termination for Cause. If the Employee's ’s employment with the Company terminates as a result of the Employee's ’s voluntary resignation which is not an Involuntary Termination or if the Employee is terminated for Cause at any time after a Change of Controltime, then the Employee shall not be entitled to receive severance or other benefits hereunder, but may be eligible for those benefits (if any) as may then be established under the Company's ’s then existing severance and benefits plans and policies at the time of such termination.

Appears in 10 contracts

Samples: Change of Control Severance Agreement (Pinnacle Systems Inc), Change of Control Severance Agreement (Pinnacle Systems Inc), Change of Control Severance Agreement (Pinnacle Systems Inc)

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Voluntary Resignation or Termination for Cause. If (A) the Employee voluntarily resigns from the Company (other than as an Involuntary Termination) or (B) the Company terminates the Employee's employment with the Company terminates as a result of the Employee's voluntary resignation which is not an Involuntary Termination or if the Employee is terminated for Cause at any time after a Change of ControlCause, then the Employee shall not be entitled to receive severance or other any additional compensation. The Employee's benefits hereunder, but may will be eligible for those benefits (if any) as may then be established terminated under the Company's then existing severance and benefits benefit plans and policies at in accordance with such plans and policies in effect on the time date of such terminationtermination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Avantgo Inc)

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