Cessation of Benefits. An employee shall cease to be eligible for benefits of this Plan at the earliest of the following dates:
Cessation of Benefits. Your Salary Continuation Period will immediately terminate, and all salary continuation payments and Company-paid Health Care Coverage and Life Insurance Coverage will immediately cease, should you:
Cessation of Benefits. 7. All company benefits not expressly extended to you pursuant to this Agreement shall be terminated effective 12:01 a.m. on the day after the Employment Termination Date.
Cessation of Benefits. Benefits shall cease upon the earlier of any one of the following:
Cessation of Benefits. In the event of a material breach by the Executive of any of the Executive’s obligations under the Executive’s Proprietary Information and Inventions Agreement with the Company, the Executive shall cease to be entitled to any further benefits under Part Two of this Agreement, including (without limitation) any severance payment or continued health care coverage at the Company’s expense. In no event shall the Executive be entitled to any benefits under Part Two of this Agreement if the Executive’s employment ceases by reason of a Termination for Cause or if the Executive voluntarily resigns other than for Good Reason.
Cessation of Benefits. Notwithstanding the foregoing, no service of the Executive for Elco after age 65 shall be taken into account for purposes of determining the Executive's benefits under this Agreement.
Cessation of Benefits. In the event of a material breach by the Executive of any of his obligations under Section VI.D of this Agreement or any of his obligations under his Proprietary Information Agreement, Executive shall cease to be entitled to any further benefits under Article VI of this Agreement, including (without limitation) any subsequent right to receive any further cash payments or continued health care coverage at the Company’s expense.
Cessation of Benefits. Your entitlement to your salary continuation payments and Company-paid Health Care Coverage under this letter agreement will immediately cease, should you, at any time during the one-year period following the termination of your employment (or such lesser period during which you are entitled to receive such payments and Company-paid Health Care Coverage hereunder):
Cessation of Benefits. In the event that (i) Employee materially breaches Employee's agreements contained herein after a severance benefit becomes payable hereunder and such breach is not cured to Employer's satisfaction within ten (10) days of written notice thereof, (ii) Employee asserts in any litigation that the Restrictive Covenants or the Employee Release is unenforceable for any reason, or (iii) facts come to the attention of the Employer which prove Employee, while employed by Employer, was guilty of committing an act involving embezzlement, misappropriation, theft or fraud, in addition to any other remedy which Employer may have as a result thereof, Employer shall be entitled to stop paying any severance benefit then not paid and recover from Employee the payment of any severance benefits already paid to Employee hereunder.
Cessation of Benefits. All other benefits and the Officer’s eligibility to participate in any other Grainger employee programs will cease as of the Separation Date, except as provided or referenced in this Agreement. The amounts and benefits payable to the Officer under this Agreement shall be in lieu of any amounts or benefits otherwise provided under any severance plan or policy of Grainger.
