Common use of BENEFITS PAYABLE UPON TERMINATION OR NONRENEWAL Clause in Contracts

BENEFITS PAYABLE UPON TERMINATION OR NONRENEWAL. Following the early termination of the Employment Period pursuant to Paragraph 5(a) or Nonrenewal of this Agreement pursuant to Paragraph 1(c), Executive (or, in the event of his death, his surviving spouse, if any, his estate, or such other beneficiary as the Executive may designate by written notice to the Company) shall be paid compensation in accordance with the following provisions:

Appears in 9 contracts

Samples: Employment Agreement (Cna Surety Corp), Employment Agreement (Cna Surety Corp), Employment Agreement (Cna Surety Corp)

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BENEFITS PAYABLE UPON TERMINATION OR NONRENEWAL. Following the early termination of the Employment Period pursuant to Paragraph 5(a) or Nonrenewal of this Agreement pursuant to Paragraph 1(c), Executive (or, in the event of his death, his surviving spouse, if any, his estate, or such other beneficiary as the Executive may designate by written notice to the Company) shall be paid compensation in accordance with the following provisions:.

Appears in 1 contract

Samples: Employment Agreement (Cna Surety Corp)

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