Compensation Following Termination of Employment Sample Clauses

Compensation Following Termination of Employment. In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:
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Compensation Following Termination of Employment. In the event that your employment hereunder is terminated in a manner as set forth in Section 3 above, you shall be entitled to the compensation and benefits provided under this Section 4.
Compensation Following Termination of Employment. Upon termination of Executive’s employment under this Agreement for any reason, Executive (or his or her designated beneficiary or estate, as the case may be) shall be entitled to receive the following compensation:
Compensation Following Termination of Employment. If Employee’s employment pursuant to this Agreement is terminated before the end of the Term, or by Company as of the end of the Term, Employee shall be entitled to the following compensation and benefits upon such termination:
Compensation Following Termination of Employment. AS A RESULT OF A CHANGE-OF-CONTROL
Compensation Following Termination of Employment. In the event that Executive’s employment hereunder is terminated in accordance with Section 5 above, Executive shall be entitled to the compensation and benefits provided under this Section 6, in each case subject to adjustment as may be required by Section 21, as applicable to the form of termination:
Compensation Following Termination of Employment. (a) Under all circumstances, upon termination the EMPLOYEE shall be entitled to receive: (i) Any accrued but unpaid Base Salary for services rendered to the date of termination; and (ii) Any benefits to which EMPLOYEE may be entitled upon termination pursuant to the plans, policies and arrangements referred to in Section 4 hereof shall be determined and paid in accordance with the terms of such plans, policies and arrangements. Upon any such termination, EMPLOYEE shall have the right to exercise his Vested Stock Options in accordance with the terms of the plan. Should he fail to exercise these options within this period, they will be forfeited at the end of that period. (b) In the event that EMPLOYEE's employment hereunder is voluntarily terminated by the EMPLOYER in accordance with Section 5(c), EMPLOYER fails to employ EMPLOYEE as provided in Section 1, or in the event that EMPLOYEE's employment hereunder is terminated by the EMPLOYEE in accordance with Section 5(e), the EMPLOYEE shall also be entitled to receive: (i) A payment equal to eighteen (18) months Base Salary, at the rate in effect on the date of termination of employment, such amount to be paid as salary continuation with benefits. EMPLOYEE may request and FMC will agree that any remaining salary continuation be paid in a lump sum. If a lump sum is selected, all benefits entitlement will cease as of the date of such payment; and (ii) Executive outplacement if EMPLOYEE's position is eliminated or materially reduced in scope as a result of restructuring or a change of control of the company; and (iii) A pro-rated portion of the EMPLOYEE's annual bonus as of the termination of work date calculated based on the greater of the current annual target bonus and the previous year's actual annual bonus. (c) Any stock options or other awards will continue to vest in accordance with the terms of the award and the plan pursuant to which it was made. If the terms of any award and governing plan are silent with respect to termination of employment, such award will lapse immediately upon such termination.
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Compensation Following Termination of Employment a) Under all circumstances, upon termination the EMPLOYEE shall be entitled to receive: (i) Any accrued but unpaid Base Salary for services rendered to the date of termination; (ii) Accrued PTO; and
Compensation Following Termination of Employment. In the event that your employment is terminated for a reason set forth in Section 3, the compensation and benefits described in Section 2 above shall cease, and Tyson shall have no further obligations under this Agreement except as provided in this Section 4.
Compensation Following Termination of Employment. If the Employee’s employment with the Company is terminated pursuant to Section 3.2, the Company shall pay to Employee his Base Salary earned and unpaid as of the Termination Date, as applicable (the “Unpaid Salary”). Such amount(s) shall be paid to the Employee, subject to standard required payroll deductions, on the next scheduled payment date.
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