Common use of Basis for Entitlement Clause in Contracts

Basis for Entitlement. The Executive acknowledges that he would not be entitled to the consideration described in Section 2(a) of this Agreement absent his termination of employment and his execution of this Agreement and the Waiver and Release.

Appears in 2 contracts

Samples: Retirement Agreement (Duke Energy CORP), Retirement Agreement (Duke Energy CORP)

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Basis for Entitlement. The Executive acknowledges that he would not be entitled to the consideration certain benefits described in Section 2(a) 2 of this Agreement absent his termination of employment and his execution of this Agreement and the Waiver and Release.

Appears in 1 contract

Samples: Separation Agreement (Cinergy Corp)

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Basis for Entitlement. The Executive acknowledges that he would not be entitled to the consideration benefits described in Section 2(a) 2 of this Agreement absent his termination of employment and employment, his execution of this Agreement and the Waiver and ReleaseRelease and his satisfaction of his obligations under this Agreement.

Appears in 1 contract

Samples: Retirement and Consulting Agreement (Psi Energy Inc)

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