By the Company Without Cause or By the Executive for Good Reason. If during the Term, the Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice to the Company, or the Company terminates the Executive’s employment without Cause, and upon execution without revocation of a valid release agreement substantially in the form attached hereto as Exhibit B (except that the Company shall, in its sole discretion, have the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date), the Executive shall receive the following incremental severance payments set forth in this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):
Appears in 4 contracts
Samples: Employment Agreement (Gmac LLC), Employment Agreement (Gmac LLC), Employment Agreement (Gmac LLC)
By the Company Without Cause or By the Executive for Good Reason. If during the Term, (i) the Company terminates the Executive's employment without Cause (which may be done at any time without prior notice) or (ii) the Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice the Executive will be entitled to the CompanyAccrued Benefits and, or the Company terminates subject to the Executive’s employment without Cause, and upon 's execution without revocation of a valid release agreement agreement, substantially in the form attached hereto as Exhibit B A, within forty-five (except that 45) days following the Company shall, in its sole discretion, have date of termination of the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)Executive's employment, the Executive shall receive the following incremental severance payments and benefits set forth in paragraphs (a), (b) and (c) of this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):5.3.
Appears in 3 contracts
Samples: Employment Agreement (Delta Tucker Holdings, Inc.), Employment Agreement (Delta Tucker Holdings, Inc.), Employment Agreement (Delta Tucker Holdings, Inc.)
By the Company Without Cause or By the Executive for Good Reason. If during the Term, Term the Company terminates Executive's employment without Cause or Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice to the Company, or the Company terminates the Executive’s employment without Cause, and upon execution without revocation of a valid release agreement substantially in the form attached hereto as Exhibit B (except that the Company shall, in its sole discretion, have the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)notice, the Executive shall receive the following incremental severance payments set forth in this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):) upon execution without revocation of a valid release agreement in a form reasonably acceptable to the Company, as follows:
Appears in 2 contracts
Samples: Employment Agreement (Radiant Logistics, Inc), Employment Agreement (Radiant Logistics, Inc)
By the Company Without Cause or By the Executive for Good Reason. If during the Term, (x) the Company terminates the Executive’s employment without Cause (which may be done at any time without prior notice) or (y) the Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice the Executive will be entitled to the CompanyAccrued Benefits and, or the Company terminates subject to the Executive’s employment without Cause, and upon execution without revocation of a valid release agreement substantially in the a form attached hereto as Exhibit B (except that acceptable to the Company shallwithin forty-five (45) days following the date of termination of the Executive’s employment, in its sole discretion, have beginning on the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)60th day following such termination, the Executive shall receive the following incremental severance payments set forth in this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):5.3., specifically including:
Appears in 2 contracts
Samples: Employment Agreement (Imperial Holdings, Inc.), Employment Agreement (Imperial Holdings, Inc.)
By the Company Without Cause or By the Executive for Good Reason. If during the Term, (x) the Company terminates the Executive's employment without Cause (which may be done at any time without prior notice) or (y) the Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice the Executive will be entitled to the CompanyAccrued Benefits and, or the Company terminates subject to the Executive’s employment without Cause, and upon 's execution without revocation of a valid release agreement substantially in the a form attached hereto as Exhibit B (except that acceptable to the Company shallwithin forty-five (45) days following the date of termination of the Executive's employment, in its sole discretion, have beginning on the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)60th day following such termination, the Executive shall receive the following incremental severance payments set forth in this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):5.3., specifically including:
Appears in 1 contract
By the Company Without Cause or By the Executive for Good Reason. If during the Term, (i) the Company terminates the Executive's employment without Cause (which may be done at any time without prior notice) or (ii) the Executive terminates his employment for Good Reason, upon at least thirty (30) days prior written notice the Executive will be entitled to the CompanyAccrued Benefits and, or the Company terminates subject to the Executive’s employment without Cause, and upon 's execution without revocation of a valid release agreement agreement, substantially in the form attached hereto as Exhibit B A, within forty-five (except that 45) days following the Company shall, in its sole discretion, have date of termination of the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)Executive's employment, the Executive shall receive the following incremental severance payments and benefits set forth in paragraphs (a) and (b) of this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):5.3.
Appears in 1 contract
By the Company Without Cause or By the Executive for Good Reason. If during the Term, the Executive terminates his employment for Good Reason, upon at least thirty (30x) days prior written notice to the Company, or the Company terminates the Executive’s employment without CauseCause (which may be done at any time without prior notice) or (y) the Executive terminates her employment for Good Reason, and upon the Executive will be entitled to the Accrued Benefits and, subject to the Executive’s execution without revocation of a valid release agreement substantially in the a form attached hereto as Exhibit B (except that acceptable to the Company shallwithin forty-five (45) days following the date of termination of the Executive’s employment, in its sole discretion, have beginning on the right to amend the release agreement to take into account changes in law effective subsequent to the Effective Date)60th day following such termination, the Executive shall receive the following incremental severance payments set forth in this Section 5.2 (in addition to the payments upon termination specified in Section 5.1):5.3., specifically including:
Appears in 1 contract