Common use of Description of Severance Benefits Clause in Contracts

Description of Severance Benefits. In the event that the Executive becomes entitled to receive Severance Benefits (and further contingent upon the proper execution of the Non-Competition and Release Agreement as set forth in Section 4.8), as provided in Sections 4.1 and 4.2, and subject to the cap described in Section 6.1, the Company shall pay to the Executive and provide him with the following:

Appears in 2 contracts

Samples: Control Agreement (Weyerhaeuser Co), Control Agreement (Weyerhaeuser Co)

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Description of Severance Benefits. In the event that the Executive becomes entitled eligible to receive Severance Benefits in accordance with Section 4.1 (and, for the avoidance of doubt, subject to the Executive’s execution and further contingent upon the proper execution non-revocation of the Non-Competition and Release Agreement as set forth in Section 4.84.5), as provided in Sections 4.1 and 4.2, and subject to the cap described in Section 6.1, the Company shall pay to or provide the Executive and provide him with the following:

Appears in 2 contracts

Samples: Competition and Release Agreement (Weyerhaeuser Co), Competition and Release Agreement (Weyerhaeuser Co)

Description of Severance Benefits. In the event that the Executive becomes entitled to receive Severance Benefits (and further contingent upon on the proper execution of the Non-Competition and Release Agreement as set forth in Section 4.8), as provided in Sections 4.1 and 4.2, and subject to the cap described in Section 6.1, the Company shall pay to the Executive and provide him the Executive with the following:

Appears in 2 contracts

Samples: Control Agreement (Weyerhaeuser Co), Control Agreement (Plum Creek Timber Co Inc)

Description of Severance Benefits. In the event that the Executive becomes entitled to receive Severance Benefits (and further contingent upon on the proper execution of the Non-Competition and Release Agreement as set forth in Section 4.8), as provided in Sections 4.1 and 4.2, and subject CIC Tier I US to the cap described in Section 6.1, the Company shall pay to the Executive and provide him with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Weyerhaeuser Co)

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Description of Severance Benefits. In the event that the Executive becomes entitled to receive Severance Benefits (and further contingent upon on the proper execution of the Non-Competition and Release Agreement as set forth in Section 4.8), as provided in Sections 4.1 and 4.2, and subject to the cap described in Section 6.1, the Company shall pay to the Executive and provide him with the following:

Appears in 1 contract

Samples: Change in Control Agreement (Weyerhaeuser Co)

Description of Severance Benefits. In the event that If the Executive becomes entitled to receive Severance Benefits (and further contingent upon the proper execution of the Non-Competition and Release Agreement as set forth in Section 4.8), as provided in Sections 4.1 and 4.2, and subject to the cap described in Section 6.1, the Company shall pay to the Executive and provide him or her with the following:

Appears in 1 contract

Samples: Control Agreement (Weyerhaeuser Co)

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