Common use of Change in Control Severance Benefits Clause in Contracts

Change in Control Severance Benefits. If, at any time during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar months after the occurrence of a Change in Control, the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.4: (a) The amounts and benefits described in Article 3.1(a), (b), (c) and (d) above; and (b) Outplacement services in an amount not to exceed twenty-five thousand dollars ($25,000) with a firm selected by the Company and at the reasonable expense of the Company; provided, however, that under no circumstances shall such outplacement services be provided beyond the December 31 of the second calendar year following the calendar year in which the Executive’s Separation From Service occurred. Article 3.4 shall apply to the payment of benefits hereunder.

Change in Control Severance Benefits. If, at any time during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar months after beginning on the occurrence date of a Change in ControlControl and ending on the second anniversary thereof, the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.33.1) or by the Executive for Good Reason (as defined below), then, if provided that the Executive timely signs a General Release in a form to be provided by the Company and does not revoke or violate such General ReleaseRelease as provided in Article 3.2, the Company shall be obligated to pay to the Executive, in accordance with Article 3.43.3: (a) The amounts and benefits described in Article 3.1(a), (b), (c) and (d3.1(a)(i)-(vi) above; and (b) Outplacement services in an amount not to exceed twenty-five thousand dollars ($25,000) with a firm selected by the Company and at the reasonable expense of the Company; provided, however, that under no circumstances shall such outplacement services be provided beyond the December 31 of the second calendar year following the calendar year in which the Executive’s Separation From Service occurred. Article 3.4 shall apply to the payment of benefits hereunder.

Change in Control Severance Benefits. If, at any time during the Potential Change in Control Protection Period or within the period ending twenty-four (24) calendar months after the occurrence of a Change in Control, the Executive’s employment is terminated involuntarily by the Company without Cause (as provided in Article 3.31.3) or by the Executive for Good Reason (as defined below), then, if the Executive timely signs a General Release and does not revoke or violate such General Release, the Company shall be obligated to pay to the Executive, in accordance with Article 3.41.4: (a) The amounts and benefits described in Article 3.1(a), (b), (c) and (d1.1(a) above; and (b) Outplacement services in an amount not to exceed twenty-five thousand dollars ($25,000) with a firm selected by the Company and at the reasonable expense of the Company; provided, however, that under no circumstances shall such outplacement services be provided beyond the December 31 of the second calendar year following the calendar year in which the Executive’s Separation From Service occurred. Article 3.4 1.4 shall apply to the payment of benefits hereunder.