Common use of Voluntary Termination and Termination for Cause Clause in Contracts

Voluntary Termination and Termination for Cause. In the event a termination constitutes a Voluntary Termination as defined herein, then the Executive shall be entitled to receive severance and any other benefits only as may then be established under the Company’s existing severance and benefit plans and policies at the time of such termination. No compensation or benefits will be paid or provided to the Executive under this Agreement on account of a termination for Cause. The Executive’s rights under the benefit plans of the Company shall be determined under the provisions of those plans.

Appears in 7 contracts

Samples: Employment Agreement (Sirenza Microdevices Inc), Employment Agreement (Sirenza Microdevices Inc), Executive Employment Agreement (Sirenza Microdevices Inc)

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Voluntary Termination and Termination for Cause. In the event a termination constitutes a Voluntary Termination as defined herein, then the Executive shall be entitled to receive severance and any other benefits only as may then be established under the Company’s 's existing severance and benefit plans and policies at the time of such termination. No compensation or benefits will be paid or provided to the Executive under this Agreement on account of a termination for Cause. The Executive’s 's rights under the benefit plans of the Company shall be determined under the provisions of those plans.

Appears in 1 contract

Samples: Employment Agreement (Sirenza Microdevices Inc)

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