Benefits at Termination of Employment. Executive upon Executive’s termination of employment shall have the right to receive any benefits payable under ICE’s employee benefit plans, programs and policies which Executive otherwise has a nonforfeitable right to receive under the terms of such plans, programs and policies independent of Executive’s rights under this Employment Agreement; however, if a payment is made to Executive under § 4.2(a) or § 4.2(b), such payment shall be in lieu of any severance pay under any severance pay plan, program or policy.
Appears in 14 contracts
Samples: Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc)
Benefits at Termination of Employment. Executive will have, upon Executive’s termination of employment shall have his employment, the right to receive any benefits payable under ICEthe Company’s employee benefit plans, programs and policies which that Executive otherwise has a nonforfeitable right to receive under the terms of such plans, programs and policies (other than severance benefits), independent of Executive’s rights under this Employment Agreement; however, if a payment is made to Executive under § 4.2(a) or § 4.2(b), such payment shall be in lieu of any severance pay under any severance pay plan, program or policy.
Appears in 6 contracts
Samples: Employment Agreement (Simply Good Foods Co), Employment Agreement (Simply Good Foods Co), Employment Agreement (Wingstop Inc.)
Benefits at Termination of Employment. Executive upon Executive’s termination of employment shall have the right to receive any benefits payable under ICEthe Company’s employee benefit plans, programs and policies which Executive otherwise has a nonforfeitable right to receive under the terms of such plans, programs and policies independent of Executive’s rights under this Employment Agreement; however, if a payment is made to Executive under § 4.2(a) or § 4.2(b), such payment shall be in lieu of any severance pay under any severance pay plan, program or policy.
Appears in 5 contracts
Samples: Employment Agreement (Great Wolf Resorts, Inc.), Employment Agreement (Great Wolf Resorts, Inc.), Employment Agreement (Great Wolf Resorts, Inc.)