Effect of Termination Clause Example with 24 Variations from Business Contracts
This page contains Effect of Termination clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Effect of Termination. The provisions of this Section 6 shall apply to any termination, whether pursuant to Section 5 or otherwise. (a)Payment by the Company of any Base Salary, bonus obligations and contributions to the cost of the Executive's continued participation in the Company's insurance plans, in each case, under the applicable termination provision of Section 5, shall constitute the entire obligation of the Company to the Executive hereunder. The Executive shall promptly give the Company notice of all facts n...ecessary for the Company to determine the amount and duration of its obligations in connection with any termination pursuant to Section 5 hereof. (b)Except for any right of the Executive to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment to the Executive following such date of termination. (c)Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Variations of a "Effect of Termination" Clause from Business Contracts
Effect of Termination. The provisions of this Section 6 shall apply to any termination, termination of the Executive's employment under this Agreement, whether pursuant to Section 5 or otherwise. (a)Payment (a) Provision by the Company of any Base Salary, bonus obligations Final Compensation and contributions to Severance Benefits, if any, that are due the cost of the Executive's continued participation in the Company's insurance plans, Executive in each case, case under the applicable termination provision of Section...5, 5 shall constitute the entire obligation of the Company to the Executive hereunder. The Executive shall promptly give the Company notice of all facts necessary for the Company with respect to determine the amount severance or termination pay and duration of its obligations in connection with any termination pursuant to Section 5 hereof. (b)Except post-employment employee benefits. (b) Except for any right of the Executive to continue group health plan participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, benefits the Executive's participation in all employee benefit plans shall terminate pursuant to the terms of the applicable benefit plans plan documents based on the date of termination of the Executive's employment without regard to any continuation of Base Salary for notice waived pursuant to Section 5(f) hereof or to any Severance Benefits or other payment made to or on behalf of the Executive following such date of termination. (c)Provisions (c) Provisions of this Agreement shall survive any termination of the Executive's employment if so provided herein or if necessary or desirable fully to 8 accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 8 and 9. hereof. The obligation of the Company to make payments provide Severance Benefits hereunder, and Executive's right to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof retain such payments, is expressly conditioned upon on the Executive's continued full performance of obligations under compliance in all material respects with Sections 7, 8 and 9. hereof. The Executive recognizes that, except as expressly provided in Sections 5(d), 5(e), and 5(g) or with respect to Base Salary paid for notice waived pursuant to Section 5, 5(f), no cash compensation is or benefits will be earned after termination of employment. View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 6.1. Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Discretionary Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable ...termination provision of Section 5, 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Discretionary Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days of the date on which she gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.4 hereof are also expressly conditioned upon the Executive's continued full performance of her obligations under Sections 7 and 8 hereof. The Executive agrees that if she violates any term of Sections 7 and/or 8 at any time, she shall have no entitlement to Disability Payments under Sections 5.2, and that she will promptly give reimburse the Company notice on demand for all monies previously paid to her or on her behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.4 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 7 6.2. Termination of Benefits. Except for medical insurance coverage continued pursuant to Sections 5.2 hereof, the Company to determine the amount and duration continuation of its obligations in connection with any termination benefits pursuant to Section 5 hereof. (b)Except for 5.4 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions her employment. 6.3. Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Effect of Termination. The provisions of this Section 6 shall apply to any termination, whether pursuant to Section 5 or otherwise. (a)Payment termination of the Executive's employment hereunder. (a)Other than as described in Sections 5(d) and 5(e), above, payment by the Company of any Base Salary, bonus obligations Salary and contributions to the cost of the Executive's continued participation in the Company's insurance plans, in each case, under group health and dental plans that may be due the applicable terminatio...n provision of Section 5, Executive shall constitute the entire obligation of the Company to the Executive hereunder. The Executive shall promptly give the Company notice of all facts necessary for the Company to determine the amount Executive. Other than as described in Section 5(d)(ii), above, medical, dental and duration of its obligations in connection with any termination pursuant to Section 5 hereof. (b)Except for any right of the Executive to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, other benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment Separation from Service without regard to any continuation of Base Salary or other payment to the Executive following such date Separation from Service, except for any right of termination. (c)Provisions the Executive to continue participation pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") or other applicable law. (b)Provisions of this Agreement shall survive any termination Separation from Service if so provided herein or if necessary or desirable to accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 8 Section 7 hereof and 9 hereof. the Restrictive Covenants. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), Section 5(d), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7, the Restrictive Covenants. 8 and 9 hereof. Exhibit 10.12 The Executive recognizes that, except as expressly provided in Section 5, 5(d) or 5(e), no compensation is earned after termination of employment. the Termination Date. The Executive's right to receive and retain the payments provided under Section 5(d) or 5(e) hereof (other than for his Final Compensation) are expressly conditioned on his continued compliance with his obligations under the Restrictive Covenants and Section 7 hereof. View More
Effect of Termination. The provisions of this Section 6 shall apply to any termination, whether pursuant to Section 5 or otherwise. (a)Payment termination of the Executive's employment hereunder. (a)Other than as described in Sections 5(d) and 5(e), above, payment by the Company of any Base Salary, bonus obligations Salary and contributions to the cost of the Executive's continued participation in the Company's insurance plans, in each case, under group health and dental plans that may be due the applicable terminatio...n provision of Section 5, Executive shall constitute the entire obligation of the Company to the Executive hereunder. The Executive shall promptly give the Company notice of all facts necessary for the Company to determine the amount Executive. Other than as described in - 7 - Section 5(d)(ii), above, medical, dental and duration of its obligations in connection with any termination pursuant to Section 5 hereof. (b)Except for any right of the Executive to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, other benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment Separation from Service without regard to any continuation of Base Salary or other payment to the Executive following such date Separation from Service, except for any right of termination. (c)Provisions the Executive to continue participation pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") or other applicable law. (b)Provisions of this Agreement shall survive any termination Separation from Service if so provided herein or if necessary or desirable to accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 8 Section 7 hereof and 9 hereof. the Restrictive Covenants. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), Section 5(d), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7, 8 and 9 hereof. the Restrictive Covenants. The Executive recognizes that, except as expressly provided in Section 5, 5(d) or 5(e), no compensation is earned after termination of employment. the Termination Date. The Executive's right to receive and retain the payments provided under Section 5(d) or 5(e) hereof (other than for his Final Compensation) are expressly conditioned on his continued compliance with his obligations under the Restrictive Covenants and Section 7 hereof. View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 5 6.1 Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Discretionary Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable... termination provision of Section 5, 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Discretionary Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days, or, in the event that such termination of employment is "in connection with an exit incentive or other employment termination program" (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days, following the date on which he gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.4 hereof are also expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7 and 8 hereof. The Executive agrees that if he violates any term of Sections 7 and/or 8 at any time, he shall have no entitlement to Disability Payments under Sections 5.2 or 5.4, and that he will promptly give reimburse the Company notice on demand for all monies previously paid to him or on his behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.4 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 6.2 Termination of Benefits. Except for the Company to determine the amount and duration of its obligations in connection with any termination medical insurance coverage continued pursuant to Section 5 hereof. (b)Except for 5.2 hereof, the continuation of any benefits pursuant to Section 5.4 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions his employment. 6.3 Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 6.1. Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Discretionary Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable ...termination provision of Section 5, 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Discretionary Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days of the date on which he gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.4 hereof are also expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7 and 8 hereof. The Executive agrees that if he violates any term of Sections 7 and/or 8 at any time, he shall have no entitlement to Disability Payments under Sections 5.2, and that he will promptly give reimburse the Company notice on demand for all monies previously paid to him or on his behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.4 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 6.2. Termination of Benefits. Except for medical insurance coverage continued pursuant to Sections 5.2 hereof, the Company to determine the amount and duration continuation of its obligations in connection with any termination benefits pursuant to Section 5 hereof. (b)Except for 5.4 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions his employment. 6.3. Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 6.1 Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable termination pro...vision of Section 5, shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days, or, in the event that such termination of employment is "in connection with an exit incentive or other employment termination program" (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days, following the date on which she gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.5 hereof are also expressly conditioned upon the Executive's continued full performance of her obligations under Sections 7 and 8 hereof. The Executive agrees that if she violates any term of Sections 7 and/or 8 at any time, she shall have no entitlement to Disability Payments under Sections 5.2 or 5.5, and that she will promptly give reimburse the Company notice on demand for all monies previously paid to her or on her behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.5 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 5 6.2 Termination of Benefits. Except for the Company to determine the amount and duration of its obligations in connection with any termination medical insurance coverage continued pursuant to Section 5 hereof. (b)Except for 5.2 hereof, the continuation of any benefits pursuant to Section 5.5 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions her employment. 6.3 Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 6.1 Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Discretionary Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable t...ermination provision of Section 5, 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Discretionary Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days, or, in the event that such termination of employment is "in connection with an exit incentive or other employment termination program" (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days, following the date on which he gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.4 hereof are also expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7 and 8 hereof. The Executive agrees that if he violates any term of Sections 7 and/or 8 at any time, he shall have no entitlement to Disability Payments under Sections 5.2 or 5.4, and that he will promptly give reimburse the Company notice on demand for all monies previously paid to him or on his behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.4 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 5 6.2 Termination of Benefits. Except for the Company to determine the amount and duration of its obligations in connection with any termination medical insurance coverage continued pursuant to Section 5 hereof. (b)Except for 5.2 hereof, the continuation of any benefits pursuant to Section 5.4 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions his employment. 6.3 Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
Effect of Termination. The provisions of this Section 6 shall apply to any termination, whether pursuant to Section 5 or otherwise. (a)Payment termination of the Executive's employment hereunder. (a)Other than as described in Sections 5(d) and 5(e), above, payment by the Company of any Base Salary, bonus obligations Salary and contributions to the cost of the Executive's continued participation in the Company's insurance plans, in each case, under group health and dental plans that may be due the applicable terminatio...n provision of Section 5, Executive shall constitute the entire obligation of the Company to the Executive hereunder. The Executive shall promptly give the Company notice of all facts necessary for the Company to determine the amount Executive. Other than as described in Section 5(d)(ii), above, medical, dental and duration of its obligations in connection with any termination pursuant to Section 5 hereof. (b)Except for any right of the Executive to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, other benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment Separation from Service without regard to any continuation of Base Salary or other payment to the Executive following such date Separation from Service, except for any right of termination. (c)Provisions the Executive to continue participation pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA") or other applicable law. (b)Provisions of this Agreement shall survive any termination Separation from Service if so provided herein or if necessary or desirable to accomplish the purposes of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 8 Section 7 hereof and 9 hereof. the Restrictive Covenants. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), Section 5(d), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7, 8 and 9 hereof. the Restrictive Covenants. The Executive recognizes that, except as expressly provided in Section 5, 5(d) or 5(e), no compensation is earned after termination of employment. the Termination Date. The Executive's right to receive and retain the payments provided under Section 5(d) or 5(e) hereof (other than for his Final Compensation) are expressly conditioned on his continued compliance with his obligations under the Restrictive Covenants and Section 7 hereof. View More
Effect of Termination. The provisions of this Section 6 shall apply to any in the event of termination, whether such termination is due to the expiration of the term hereof, is pursuant to Section 5 5, or otherwise. (a)Payment 5 6.1 Payment in Full. Payment by the Company of any Base Salary, bonus obligations and contributions to Discretionary Bonus or other specified amounts which are due the cost of the Executive's continued participation in the Company's insurance plans, in each case, Executive under the applicable... termination provision of Section 5, 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive. Any obligation of the Company to provide the Executive Disability Payments, or Discretionary Bonus payments under this Agreement is expressly conditioned, however, upon the Executive signing a release of claims provided by the Company (the "Employee Release") within twenty-one days, or, in the event that such termination of employment is "in connection with an exit incentive or other employment termination program" (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days, following the date on which he gives or receives, as applicable, notice of termination of employment and upon the Executive not revoking the Employee Release thereafter. The obligations of the Company to the Executive hereunder. under Sections 5.2 or 5.4 hereof are also expressly conditioned upon the Executive's continued full performance of his obligations under Sections 7 and 8 hereof. The Executive agrees that if he violates any term of Sections 7 and/or 8 at any time, he shall have no entitlement to Disability Payments under Sections 5.2, and that he will promptly give reimburse the Company notice on demand for all monies previously paid to him or on his behalf prior to the date of all facts necessary such violation under Sections 5.2 or 5.4 of this Agreement. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment. 6.2 Termination of Benefits. Except for medical insurance coverage continued pursuant to Sections 5.2 hereof, the Company to determine the amount and duration continuation of its obligations in connection with any termination benefits pursuant to Section 5 hereof. (b)Except for 5.4 hereof and any right of continuation of health coverage at the Executive Executive's cost to continue participation in the Company's insurance plans in accordance with Section 5 hereof and applicable law, extent provided by Sections 601 through 608 of ERISA, benefits shall terminate pursuant to the terms of the applicable benefit plans based on the date of termination of the Executive's employment without regard to any continuation of Base Salary or other payment payments to the Executive following such date termination of termination. (c)Provisions his employment. 6.3 Survival of Certain Provisions. Provisions of this Agreement shall survive any termination if so provided herein or if necessary or desirable to accomplish the purposes purpose of other surviving provisions, including without limitation the obligations of the Executive under Sections 7, 7 and 8 and 9 hereof. The obligation of the Company to make payments to or on behalf of the Executive under Sections 5(b), 5(c), 5(e) or 5(f) hereof is expressly conditioned upon the Executive's continued full performance of obligations under Sections 7, 8 and 9 hereof. The Executive recognizes that, except as expressly provided in Section 5, no compensation is earned after termination of employment.View More
