Common use of Effect of Other Terminations Clause in Contracts

Effect of Other Terminations. In the event that your employment with SHG terminates for reasons other than your Involuntary Termination or a Change in Control, CareerStaff shall pay you the full amount of any earned but unpaid salary through the date of such termination, plus a cash payment (calculated on the basis of your salary at the rate then in effect) for all unused paid time off which you have earned as of the date of such termination and a cash payment for any unreimbursed expenses. As of the date of such termination, you shall immediately relinquish the right to any additional payments of benefits from SHG under this Agreement. Your right to participate in any retirement or benefits plans and perquisites shall cease as of the date of termination. You and your eligible dependents may elect to continue coverage under COBRA of any health, dental and vision plans in effect at the time.

Appears in 1 contract

Samples: Severance Agreement (Sun Healthcare Group Inc)

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Effect of Other Terminations. In the event that your employment with SHG terminates for reasons other than your Involuntary Termination or a Change in Control, CareerStaff SHG shall pay you the full amount of any earned but unpaid salary through the date of such termination, plus a cash payment (calculated on the basis of your salary at the rate then in effect) for all unused paid time off which you have earned as of the date of such termination and a cash payment for any unreimbursed expenses. As of the date of such termination, you shall immediately relinquish the right to any additional payments of benefits from SHG under this Agreement. Your right to participate in any retirement or benefits plans and perquisites shall cease as of the date of termination. You and your eligible dependents may elect to continue coverage under COBRA of any health, dental and vision plans in effect at the time.

Appears in 1 contract

Samples: Sun Healthcare Group Inc

Effect of Other Terminations. In the event that your employment with SHG terminates for reasons other than your Involuntary Termination or a Change in Control, CareerStaff SunDance shall pay you the full amount of any earned but unpaid salary through the date of such termination, plus a cash payment (calculated on the basis of your salary at the rate then in effect) for all unused paid time off which you have earned as of the date of such termination and a cash payment for any unreimbursed expenses. As of the date of such termination, you shall immediately relinquish the right to any additional payments of benefits from SHG under this Agreement. Your right to participate in any retirement or benefits plans and perquisites shall cease as of the date of termination. You and your eligible dependents may elect to continue coverage under COBRA of any health, dental and vision plans in effect at the time.

Appears in 1 contract

Samples: Sun Healthcare Group Inc

Effect of Other Terminations. In the event that your employment with SHG terminates for reasons other than your Involuntary Termination or a Change in Control, CareerStaff SunPlus shall pay you the full amount of any earned but unpaid salary through the date of such termination, plus a cash payment (calculated on the basis of your salary at the rate then in effect) for all unused paid time off which you have earned as of the date of such termination and a cash payment for any unreimbursed expenses. As of the date of such termination, you shall immediately relinquish the right to any additional payments of benefits from SHG under this Agreement. Your right to participate in any retirement or benefits plans and perquisites shall cease as of the date of termination. You and your eligible dependents may elect to continue coverage under COBRA of any health, dental and vision plans in effect at the time.

Appears in 1 contract

Samples: Sun Healthcare Group Inc

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Effect of Other Terminations. In the event that your employment with SHG terminates for reasons other than your Involuntary Termination or a Change in Control, CareerStaff SunScript shall pay you the full amount of any earned but unpaid salary through the date of such termination, plus a cash payment (calculated on the basis of your salary at the rate then in effect) for all unused paid time off which you have earned as of the date of such termination and a cash payment for any unreimbursed expenses. As of the date of such termination, you shall immediately relinquish the right to any additional payments of benefits from SHG under this Agreement. Your right to participate in any retirement or benefits plans and perquisites shall cease as of the date of termination. You and your eligible dependents may elect to continue coverage under COBRA of any health, dental and vision plans in effect at the time.

Appears in 1 contract

Samples: Sun Healthcare Group Inc

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