Additional Benefits Upon Termination Sample Clauses

Additional Benefits Upon Termination. If within three years following a Change of Control, the Company shall terminate the Executive's employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall further provide to the Executive the following benefits:
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Additional Benefits Upon Termination. Upon a termination of the Employee’s employment in accordance with Section 9(d) hereof, the Employee shall be entitled to the following additional benefits:
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Additional Benefits Upon Termination. In addition to other payments or benefits to which Executive may then be entitled under other provisions of this Agreement, upon Executive’s termination for Good Reason, without Cause or by reason of Permanent Disability or non-renewal of this Agreement by the Company, Executive shall be entitled to, at the Company’s expense and during the 18-month period following termination based on Diminution in Responsibility, termination by the Company without Cause or by reason of Executive’s Permanent Disability or non-renewal of this Agreement by the Company, but during the 30-month period following termination based on a Change in Control, the payments hereinafter described.
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Additional Benefits Upon Termination. Following a Change of ---------------------------------------------------------- Control. If the Employment Term is terminated by the Company other than for ------- Cause or Total Disability or as a result of Executive's death or by Executive for Good Reason, in either case, at any time within twelve (12) months after a Change of Control (as defined below) of the Company, then all of the stock options granted by the Company to the Executive, including the Option, prior to the Change of Control shall become fully vested and exercisable as of the date of the termination to the extent such stock options are outstanding and unexercisable at the time of such termination.
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Additional Benefits Upon Termination. In addition to other payments or benefits to which Executive may then be entitled under other provisions of this Agreement, upon Executive’s termination for Good Reason, without Cause or by reason of Permanent Disability or non-renewal of this Agreement by the Company, Executive shall be entitled to (i) at the Company’s expense and during the 18-month period following termination based on Diminution in Responsibility, termination by the Company without Cause or by reason of Executive’s Permanent Disability or non-renewal of this Agreement by the Company, but the 30-month period following termination based on a Change in Control, the equivalent of the Benefits set forth in Section 3.3(a) on the same terms and conditions as would have applied had Executive continued to be employed for such periods. To the extent provision by the Company of any such Benefits is not permitted either pursuant to Section 7 below or by the terms of any applicable Company benefit plan, the Company shall take whatever steps may be appropriate or necessary to ensure, at the Company’s expense, the enjoyment by Executive (or, as applicable, his legal representative), of substantially similar benefits upon substantially similar terms and conditions. It is understood that, in connection with post-termination of participation in Benefits hereunder, Executive shall not be entitled to participate in any Benefits instituted or adopted by the Company after Executive’s termination, but only those in which Executive was a participant prior to termination.
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Additional Benefits Upon Termination. In the event that Executive's employment with the Company is terminated (1) by the Company without Cause, (2) by Executive as a result of a Constructive Termination on or before June 30, 2002, or (3) by Executive subsequent to June 30, 2002 (or such earlier date as the Company and Executive may agree in writing), and provided that, on the Separation Date, Executive has complied with his continuing obligations under the Agreement (including without limitation the execution of the Continuing Representations Certificate as described in Section 21 of the Agreement) and provided further that Executive then resigns from the Company's Board of Directors, the Company will provide Executive with the following additional benefit as to which he is not otherwise entitled:
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Additional Benefits Upon Termination. In addition to other payments or benefits to which Employee may then be entitled under other provisions of this Agreement, upon Employee's termination for Good Reason or without Cause, Employee shall be entitled to (i) at the Company's expense and during that period of time (the "Severance Period") which corresponds to the period of time which forms the basis for the lump sum payment to which he may then be entitled under Sections 6.2(b) or 6.3(c) hereof, the Benefits set forth in Sections 3.3(a), (d) and (e), on the same terms and conditions as would have applied had Employee continued to be employed, and (ii) at the Company's reasonable expense and during the Severance Period, utilize individual outplacement services from a qualified senior executive outplacement firm.
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Additional Benefits Upon Termination 
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Related to Additional Benefits Upon Termination

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

  • Certain Benefits Upon Termination Executive’s employment shall be terminated upon the earlier of (i) the voluntary resignation of Executive with or without Good Reason; (ii) Executive’s death or permanent disability; or (iii) upon the termination of Executive’s employment by LTC for any reason at any time. In the event of such termination, the below provisions of this Section 6 shall apply, and in the event of a Change in Control, whether or not Executive’s employment is terminated thereby, Section 6(b) shall apply.

  • PAYMENTS AND BENEFITS UPON TERMINATION (a) If within eighteen (18) months after a Change in Control, the Company terminates Employee's employment other than by reason of Employee's death, Disability, Retirement or for Cause, or if Employee terminates Employee's employment for Good Reason, then the Employee shall be entitled to the following payments and benefits:

  • Compensation and Benefits Upon Termination (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • Compensation Upon Termination Upon termination of Executive’s employment during the Employment Term, Executive shall be entitled to the following benefits:

  • Payment Upon Termination Termination of this Agreement shall not affect the right of the Adviser to receive payment on any unpaid balance of the compensation described in Section 2 earned prior to such termination.

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Compensation and Benefits Upon Termination of Employment (a) If the Company shall terminate the Executive's employment after a Change in Control other than pursuant to Section 3(b), 3(c) or 3(d) and Section 3(f), or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive, as severance compensation and in consideration of the Executive's adherence to the terms of Section 5 hereof, the following:

  • Payments Upon Termination (a) In the event the Employee’s employment is terminated pursuant to Section 4.1, Section 4.2, Section 4.4 or Section 4.6, the Company shall pay to the Employee the compensation and benefits otherwise payable to him or her under Sections 3.1 and 3.4 through the last day of his or her actual employment by the Company.

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