Common use of Consideration to Executive Clause in Contracts

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: a) the lump sum of ___________ DOLLARS ($__________ )to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.6] of the Agreement; b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services;] c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.2] of the Agreement [as elected by Executive];[and]

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: (a) the lump sum of ________________________________ DOLLARS and __/100 Dollars ($__________ )_) to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.6] of the Agreement; (b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services];] (c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.2] of the Agreement [as elected by Executive];[and] (d) [the cash equivalent (less proper withholding) of] the premium to maintain Executive's life insurance plan for 18 months as provided in Section 4.3 of the Agreement.]

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: (a) the lump sum of ___________ DOLLARS and /100 Dollars ($__________ )$ ) to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.6] of the Agreement; (b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services];] (c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.2] of the Agreement [as elected by Executive];[and] (d) [the cash equivalent (less proper withholding) of] the premium to maintain Executive's life insurance plan for 18 months as provided in Section 4.3 of the Agreement.]

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: a) the lump sum of ___________ DOLLARS ($__________ )to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.6] of the Agreement; b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services;] c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.2] of the Agreement [as elected by Executive];[andAgreement;[and]

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: a) the lump sum of ___________ DOLLARS ($__________ )to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.64.5] of the Agreement; b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services;] c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.24.1] of the Agreement [as elected by Executive];[and]

Consideration to Executive. After receipt of this Release fully endorsed by Executive, and the expiration of the seven- (7) day revocation period provided by the Older Workers Benefit Protection Act without Executive's revocation, Company shall pay: a) the lump sum of ___________ DOLLARS ($__________ )) to Executive (less proper withholding) for severance and the reasonable estimate of COBRA continuation coverage as provided in Section[s] 3.1, 3.2 [and 4.1 and 4.6] of the Agreement; b) Company will pay [up to $12,500 directly to the third party outplacement firm selected by Executive for up to one year's outplacement services as needed/$12,500 (less proper withholding) in lieu of outplacement services;] c) the amount of annual cash incentive when due based on the terms of Section[s] 3.3 [and 4.2] of the Agreement [as elected by Executive];[andExecutive]; [and]