Disability; Death. If the Company terminates the Covered Person’s employment as a result of the Covered Person’s Disability, or such Covered Person’s employment is terminated due to the death of the Covered Person, then the Covered Person shall not be entitled to receive any severance payments or other benefits except for those (if any) as may then be established under the Company’s then existing severance guidelines and benefit plans at the time of such Disability or death.
Appears in 8 contracts
Samples: Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement
Disability; Death. If the Company terminates the Covered Person’s employment as a result of the Covered Person’s DisabilityDisability (as defined below), or such Covered Person’s employment is terminated due to the death of the Covered Person, then the Covered Person shall not be entitled to receive any severance payments or other benefits except for benefits, other than the Mandatory Payments or those (if any) as may then be established under the Company’s then existing severance guidelines and benefit plans at the time of such Disability or death.
Appears in 5 contracts
Samples: Employee Retention and Motivation Agreement, Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement (Digital River Inc /De)
Disability; Death. If the Company terminates the Covered Person’s 's employment as a result of the Covered Person’s 's Disability, or such Covered Person’s 's employment is terminated due to the death of the Covered Person, then the Covered Person shall not be entitled to receive any severance payments or other benefits except for those (if any) as may then be established under the Company’s 's then existing severance guidelines and benefit plans at the time of such Disability or death.
Appears in 3 contracts
Samples: Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement (Progress Software Corp /Ma)
Disability; Death. If the Company terminates the Covered Person’s employment as a result of the Covered Person’s Disability, or such Covered Person’s employment is terminated due to the death of the Covered Person, then the Covered Person shall not be entitled to receive any severance payments or other benefits except for those (if any) as may then be established under the Company’s then existing severance guidelines guidelines, benefit plans, and benefit plans applicable equity grant award at the time of such Disability or death.
Appears in 2 contracts
Samples: Employee Retention and Motivation Agreement (Progress Software Corp /Ma), Employee Retention and Motivation Agreement (Progress Software Corp /Ma)
