Common use of Accrued Obligations and Other Benefits Clause in Contracts

Accrued Obligations and Other Benefits. Upon any Termination, the Company shall pay to Executive, or, upon Executive's Disability, to his heirs, estate or legal representatives, as the case may be, the following: (i) all Accrued Obligations in a lump sum within 10 days after the date of Termination; and (ii) all benefits accrued by Executive as of the date of Termination under all qualified and nonqualified retirement, pension, profit sharing and similar plans of the Company to such extent, in such manner and at such time as are provided under the terms of such plans and arrangements.

Appears in 5 contracts

Samples: Employment Agreement (Viatel Inc), Employment Agreement (Viatel Inc), Employment Agreement (Viatel Inc)

AutoNDA by SimpleDocs

Accrued Obligations and Other Benefits. Upon In the event of Termination of Employment for any Terminationreason, the Company shall pay to Executive, the Executive or, upon in the event of the Executive's Disabilitydeath, to his heirs, heirs or estate or legal representatives, as the case may be, the following: (i) all Accrued Obligations in a lump sum within 10 ten days after the date of TerminationTermination of Employment; and (ii) all benefits accrued by the Executive as of the date of Termination of Employment under all qualified and nonqualified retirement, pension, profit sharing and similar plans of the Company to such extent, in such manner and at such time as are provided under the terms of such plans and arrangements.

Appears in 2 contracts

Samples: Employment Agreement (Graftech Inc), Employment Agreement (Ucar International Inc)

AutoNDA by SimpleDocs

Accrued Obligations and Other Benefits. Upon any Termination, the Company shall pay to Executive, or, upon Executive's Disability, to his heirs, estate or legal representatives, as the case may be, the following: (i) all Accrued Obligations in a lump sum within 10 days after the date of Termination; andand 9 (ii) all benefits accrued by Executive as of the date of Termination under all qualified and nonqualified retirement, pension, profit sharing and similar plans of the Company to such extent, in such manner and at such time as are provided under the terms of such plans and arrangements.

Appears in 1 contract

Samples: Employment Agreement (Viatel Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!