Certain Terminations During a Change in Control Period. In the event a Change in Control occurs and (x) Executive terminates his employment for Good Reason during a Change in Control Period , or (y) the Company terminates Executive’s employment without Cause (and for reason other than Death of Total Disability) during a Change in Control Period, the Company shall, subject to Executive’s execution of the Release (as defined in this Section 7), pay the following amounts to Executive:
Appears in 2 contracts
Samples: Employment Agreement (Waste Management Inc), Employment Agreement (Waste Management Inc)
Certain Terminations During a Change in Control Period. In the event a Change in Control occurs and (x) Executive terminates his her employment for Good Reason during a Change in Control Period , or (y) the Company terminates Executive’s employment without Cause (and for reason other than Death of Total Disability) during a Change in Control Period, the Company shall, subject to Executive’s execution of the Release (as defined in this Section 7), pay the following amounts Company shall provide to Executive:Executive the payments and benefits provided for in Section 6(e), except that the amount of severance calculated pursuant to Section 6(e)(iii) shall be paid in a lump-sum.
Appears in 1 contract
Certain Terminations During a Change in Control Period. In Subject to potential reduction as may be required by Section 23, in the event a Change in Control occurs and (x) Executive terminates his employment for Good Reason during a Change in Control Period Period, or (y) the Company terminates Executive’s employment without Cause (and for reason other than Death of Total Disability) during a Change in Control Period, the Company shall, subject to Executive’s execution of the Release (as defined in this Section 7), pay the following amounts to Executive:
Appears in 1 contract
Certain Terminations During a Change in Control Period. In the event a Change in Control occurs and (x) Executive terminates his employment for Good Reason during a the Change in Control Period Period, or (y) the Company terminates Executive’s 's employment without Cause (and for reason other than Death of Total Disability) during a the Change in Control Period, the Company shall, subject to Executive’s execution of the Release (as defined in this Section 7), shall pay the following amounts to Executive:"
Appears in 1 contract