Common use of Compensation in the Event of Termination Clause in Contracts

Compensation in the Event of Termination. (a) If the Agreement is terminated under Paragraph 11(a), Executive or his estate shall receive the compensation provided in Paragraph 7(a)(i) and 7(a)(ii), if any, prorated to the date of termination, and all amounts accrued under benefit plans in which Executive is a participant as of such termination date. (b) If the Agreement is terminated under Paragraph 11(b), Executive shall receive the same compensation and benefits set forth in Paragraph 8(a), except that the benefits provided in Paragraph 7(d) shall continue for what would be the remainder of the Term but for such termination (the "Full Term") in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer). (c) If the Agreement is terminated under Paragraph 11(c) or 11(e) below, or expires pursuant to its terms, Executive shall receive: (i) the compensation provided in Paragraph 7(a)(i) through the Full Term, payable as provided in Paragraph 7(a)(i); and (ii) the benefits provided in Paragraph 7(d) for the Full Term in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer); (d) If the Agreement is terminated under Paragraph 11(d), Executive shall not be entitled to receive any payment or benefits following the date of termination, except as may be accrued or vested to the date of termination.

Compensation in the Event of Termination. (a) If the Agreement is terminated under Paragraph 11(a), Executive or his estate shall receive the compensation provided in Paragraph Paragraphs 7(a)(i), 7(a)(ii) and 7(a)(ii7(a)(iii), if any, prorated to the date of termination, and all amounts accrued under benefit plans in which Executive is a participant as of such termination date, including without limitation the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the Plan. (b) If the Agreement is terminated under Paragraph 11(b), Executive shall receive the same compensation and benefits set forth in Paragraph 8(a), except that the benefits provided in Paragraph 7(d) shall continue for what would be the remainder of the Term but for such termination (the "Full Term") in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer). (c) If the Agreement is terminated under Paragraph 11(c) or 11(e) below, or expires pursuant to its terms, Executive shall receive: (i) receive the net present value of the compensation provided in Paragraph Paragraphs 7(a)(i) and 7(a)(ii) through the Full Term, payable as discounted at the 30-day LIBOR rate in effect at the date of termination and the compensation provided in Paragraph 7(a)(i7(a)(iii); , if any, pro rated as specified therein, the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the Plan, and (ii) the benefits provided in Paragraph 7(d) for the Full Term in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer);. (d) If the Agreement is terminated under Paragraph 11(d), Executive shall not be entitled to receive any payment or benefits following the date of termination, except as may be accrued or vested to the date of termination, or vested under the Plan, or any other plan or policies of the Company.

Compensation in the Event of Termination. (a) a. If the Agreement Executive's employment is terminated under Paragraph 11(a), Executive or his estate shall receive the compensation provided in Paragraph Paragraphs 7(a)(i) and 7(a)(ii) through such termination date and a pro rata portion of the amount set forth in Paragraph 7(a)(iii), if any, prorated discounted to present value at the 30-day LIBOR rate in effect at the date of termination, and payable within ten (10) days of termination, and all amounts accrued under benefit plans in which Executive is a participant as of such termination date, including without limitation, the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the 1996 Management Incentive Plan, which Plan benefits shall vest immediately. (b) b. If the Agreement Executive's employment is terminated under Paragraph 11(b), Executive shall receive the same compensation amounts and benefits set forth in Paragraph 8(a), except that plus 50% of the benefits compensation provided in Paragraph 7(dParagraphs 7(a)(i) shall continue for and 7(a)(ii) through what would be the remainder of the Term but for such termination (the "Full Term") in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease without regard to provide such types of benefits received from the subsequent employer)termination. (c) c. If the Agreement Executive's employment is terminated under Paragraph 11(c) or 11(e) below, or expires pursuant to its terms, Executive shall receive: (i) : i. the compensation provided net present value, discounted at the 30-day LIBOR rate in Paragraph 7(a)(i) through the Full Term, payable as provided in Paragraph 7(a)(i); and (ii) the benefits provided in Paragraph 7(d) for the Full Term in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer); (d) If the Agreement is terminated under Paragraph 11(d), Executive shall not be entitled to receive any payment or benefits following effect at the date of termination, except as may be accrued or vested and payable within ten (10) days of termination, of the difference between (x) $8.5 Million, and (y) the sum of all amounts paid to the date of termination.the termination pursuant to Paragraphs 7(a)(i) and 7(a)(ii); and

Compensation in the Event of Termination. (a) If the Agreement is terminated under Paragraph 11(a) or 11(g), Executive or his estate shall receive the compensation provided in Paragraph Paragraphs 7(a)(i), 7(a)(ii) and 7(a)(ii7(a)(iii), if any, prorated to the date of termination, and all amounts accrued under benefit plans in which Executive is a participant as of such termination date, including without limitation the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the Plan. (b) If the Agreement is terminated under Paragraph 11(b), Executive shall receive the same compensation and benefits set forth in Paragraph 8(a), except that the benefits provided in Paragraph 7(d) shall continue for what would be the remainder of the Term but for such termination (the "Full Term") in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from form the subsequent employer). (c) If the Agreement is terminated under Paragraph 11(c) or 11(e) below, or expires pursuant to its terms, Executive shall receive: (i) receive within 30 days of the date of termination the net present value of the compensation provided in Paragraph Paragraphs 7(a)(i) and 7(a)(ii) through the Full Term, payable as discounted at the 30-day LIBOR rate in effect at the date of termination and the compensation provided in Paragraph 7(a)(i7(a)(iii); , if any, pro rated as specified therein, the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the Plan, and (ii) the benefits provided in Paragraph 7(d) for the Full Term in accordance with the terms of each respective policy or plan (provided, however, that if it prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(din (d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer); (d) If the Agreement is terminated under Paragraph 11(d), Executive shall not be entitled to receive any payment or benefits following the date of termination, except as may be accrued or vested to the date of termination.

Compensation in the Event of Termination. (a) If the Agreement is terminated under Paragraph 11(a), Executive or his estate shall receive the compensation provided in Paragraph 7(a)(i) and 7(a)(ii7(a)(iii), if any, prorated to the date of termination, and all amounts accrued under benefit plans in which Executive is a participant as of such termination date, including without limitation the benefits provided in Paragraph 7(a)(iv) in accordance with the provisions of the Plan. (b) If the Agreement is terminated under Paragraph 11(b), Executive shall receive the same compensation and benefits set forth in Paragraph 8(a), except that the benefits provided in Paragraph 7(d) shall continue for what would be the remainder of the Term but for such termination (the "Full Term") in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer; provided further, however, that the individual term life insurance policy specified in Paragraph 7(d) shall remain in effect pursuant to its terms unless a subsequent employer provides a substantially equivalent policy). (c) If the Agreement is terminated under Paragraph 11(c) or 11(e) below, or expires pursuant to its terms, Executive shall receive: (i) receive the net present value of the compensation provided in Paragraph Paragraphs 7(a)(i) and 7(a)(ii) through the Full Term, payable as discounted at the 30-day LIBOR rate in effect at the date of termination, the compensation provided in Paragraph 7(a)(i7(a)(iii); and (ii) , if any, pro rated as specified therein, the benefits provided in Paragraph 7(d7(a)(iv) in accordance with the provisions of the Plan, and the benefits provided in Paragraph (d) for the Full Term in accordance with the terms of each respective policy or plan (provided, however, that if prior to the expiration of the Full Term, Term Executive receives any of the types of benefits specified in Paragraph 7(d) from a subsequent employer, the Company shall immediately cease to provide such types of benefits received from the subsequent employer; provided further, however, that the individual term life insurance policy specified in Paragraph 7(d) shall remain in effect pursuant to its terms unless a subsequent employer provides a substantially equivalent policy); (d) If the Agreement is terminated under Paragraph 11(d), Executive shall not be entitled to receive any payment or benefits following the date of termination, except as may be accrued or vested to the date of termination.