Benefits at Termination of Employment. Executive, upon Executive’s termination of employment, shall have the right to receive any benefits payable under Forge’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 (Forge Global Holdings, Inc.), Employment Agreement (Forge Global Holdings, Inc.), Employment Agreement (Forge Global Holdings, Inc.)
Benefits at Termination of Employment. Executive, Executive upon Executive’s termination of employment, employment shall have the right to receive any benefits payable under ForgeINTCX’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 (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc), Employment Agreement (Intercontinentalexchange Inc)
Benefits at Termination of Employment. Executive, Executive upon Executive’s termination of employment, employment shall have the right to receive any benefits payable under ForgeINTCX’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 1 contract
Samples: Employment Agreement (Intercontinentalexchange Inc)