Common use of Calculation of Benefits Clause in Contracts

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 18 contracts

Samples: Employment Agreement (National Fuel Gas Co), Employment Agreement (Bico Inc/Pa), Employment Agreement (National Fuel Gas Co)

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Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he the Executive would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination Termination, that could be paid without the Executive being subject to the Excise Tax.

Appears in 15 contracts

Samples: Employment Continuation Agreement (Westinghouse Air Brake Technologies Corp), Employment Continuation Agreement, Employment Continuation Agreement (Michael Baker Corp)

Calculation of Benefits. Immediately following Promptly after delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits Covered Payments to which he the Executive would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 12 contracts

Samples: Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)

Calculation of Benefits. Immediately following delivery ----------------------- of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 3 contracts

Samples: Employment & Human Resources (National Fuel Gas Co), Employment & Human Resources (National Fuel Gas Co), Employment Continuation and Noncompetition Agreement (National Fuel Gas Co)

Calculation of Benefits. Immediately following Promptly after delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 3 contracts

Samples: Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive Employee of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive Employee being subject to the Excise Tax.

Appears in 3 contracts

Samples: Key Employee Employment Protection Agreement (Allied Life Financial Corp), Key Employee Employment Protection Agreement (Allied Life Financial Corp), Key Employee Employment Protection Agreement (Allied Life Financial Corp)

Calculation of Benefits. Immediately following Promptly after delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he she would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 3 contracts

Samples: Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)

Calculation of Benefits. Immediately following delivery _______________________ of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date date of Termination termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 2 contracts

Samples: Employment Agreement (Aetna Life & Casualty Co), Employment Agreement (Aetna Life & Casualty Co)

Calculation of Benefits. Immediately following delivery of any ----------------------- Notice of Termination, the Company shall notify the Executive Employee of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive Employee being subject to the Excise Tax.

Appears in 1 contract

Samples: Severance Agreement (Allied Group Inc)

Calculation of Benefits. Immediately following Promptly after delivery of any Notice of Termination, the Company shall notify the Executive Key Employee of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined by the Board of Directors in good faith as of such projected Date of Termination that could be paid without the Executive Key Employee being subject to the Excise Tax.

Appears in 1 contract

Samples: Change in Control Protection Agreement (Penn Traffic Co)

Calculation of Benefits. Immediately following _______________________ delivery of any Notice notice of Terminationtermination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date of Termination payments that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Agreement (Aetna Life & Casualty Co)

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Calculation of Benefits. Immediately following _______________________ delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date date of Termination termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Agreement (Aetna Life & Casualty Co)

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date date of Termination termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Agreement (Aetna Inc)

Calculation of Benefits. Immediately following delivery of any Notice notice of Terminationtermination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he she would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Agreement (Aetna Inc /Pa/)

Calculation of Benefits. Immediately following delivery notice to Executive of any Notice termination of Terminationemployment by the Company other than for Cause, death or Disability or notice from Executive of any termination of employment for Good Reason, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he Executive would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination Termination, that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Severance Agreement (Westinghouse Air Brake Technologies Corp)

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date date of Terminationtermination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.of

Appears in 1 contract

Samples: Employment Agreement (Aetna Inc)

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination Termination, that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Continuation Agreement (Quaker State Corp)

Calculation of Benefits. Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he the Executive would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

Appears in 1 contract

Samples: Employment Agreement (Complete Business Solutions Inc)

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