Common use of Benefits Upon a Qualifying Termination Clause in Contracts

Benefits Upon a Qualifying Termination. (a) If the Executive fails to execute, or revokes, a written Release, upon a Qualifying Termination, the Executive shall receive only any accrued but unpaid salary through the Termination Date and any benefits accrued and due under any applicable benefit plans and programs of the Company. No other payments or benefits shall be due under this Agreement to the Executive.

Appears in 5 contracts

Samples: Executive Severance Agreement (Radian Group Inc), Executive Officer Agreement (Radian Group Inc), Agreement (Radian Group Inc)

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Benefits Upon a Qualifying Termination. (a) If the Executive fails to execute, or revokes, a written Release, upon a Qualifying Termination, the Executive shall receive only any accrued but unpaid salary through the DB1/ 135493748.2 Termination Date and any benefits accrued and due under any applicable benefit plans and programs of the Company. No other payments or benefits shall be due under this Agreement to the Executive.

Appears in 1 contract

Samples: Severance Agreement (Radian Group Inc)

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