Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 20 contracts
Samples: Executive Severance Agreement (Mac-Gray Corp), Executive Severance Agreement (Plug Power Inc), Executive Severance Agreement (Plug Power Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay planplan other than cash amounts specifically set forth in the Employment Agreement or this Agreement.
Appears in 11 contracts
Samples: Severance Agreement (Summit Properties Inc), Executive Severance Agreement (Summit Properties Inc), Executive Severance Agreement (Summit Properties Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control for Good Reason under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Company severance pay plan.
Appears in 10 contracts
Samples: Executive Agreement (Citrix Systems Inc), Executive Agreement (Citrix Systems Inc), Executive Agreement (Citrix Systems Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 9 contracts
Samples: Executive Severance Agreement (Zoll Medical Corporation), Executive Severance Agreement (Plug Power Inc), Executive Severance Agreement (Plug Power Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control and a Terminating Event under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's non-competition agreements, non-disclosure agreements, benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 8 contracts
Samples: Executive Change in Control Agreement (Geotel Communications Corp), Executive Change in Control Agreement (Geotel Communications Corp), Executive Change in Control Agreement (Geotel Communications Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Company severance pay plan.
Appears in 6 contracts
Samples: Change in Control Agreement (Citrix Systems Inc), Change in Control Agreement (Citrix Systems Inc), Change in Control Agreement (Citrix Systems Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control for Good Reason under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Company severance pay plan.
Appears in 4 contracts
Samples: Executive Agreement (Virtusa Corp), Executive Agreement (Virtusa Corp), Executive Agreement (Virtusa Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose purposes of interpreting the provisions of any of the CompanyCorporation’s and/or the Bank’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the CompanyCorporation’s and/or the Bank’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay planpolicies.
Appears in 3 contracts
Samples: Change in Control Agreement (Washington Trust Bancorp Inc), Change in Control Agreement (Washington Trust Bancorp Inc), Executive Severance Agreement (Washington Trust Bancorp Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control for Good Reason under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Company severance pay plan.
Appears in 3 contracts
Samples: Executive Agreement (Virtusa Corp), Executive Agreement (Virtusa Corp), Executive Agreement (Virtusa Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay planplan other than cash amounts specifically set forth in the Employment Agreement or this Agreement.
Appears in 2 contracts
Samples: Executive Severance Agreement (Summit Properties Inc), Executive Severance Agreement (Summit Properties Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policiespolicies of the Company or Limited. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and of the Company or Limited except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 2 contracts
Samples: Executive Severance Agreement (Instron Corp), Executive Severance Agreement (Instron Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.to
Appears in 1 contract
Samples: Executive Severance Agreement (Summit Properties Partnership L P)
Effect on Other Plans. An election by the Executive to resign after a Change in Control for Good Reason under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Subsidiary (and Company’s 's to the extent applicable) benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Subsidiary (and the Company’s 's to the extent applicable) benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Subsidiary severance pay plan.
Appears in 1 contract
Samples: Executive Agreement (Virtusa Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 8 hereof, and except that the Executive shall have no rights to any severance benefits under any current Company severance pay planplan other than the Change in Control severance payments provided in Section 6(b) of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Alnylam Pharmaceuticals, Inc.)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Amended and Restated Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Amended and Restated Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 1 contract
Samples: Executive Severance Agreement (Zoll Medical Corporation)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 8 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 1 contract
Samples: Employment Agreement (Alnylam Pharmaceuticals, Inc.)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose purposes of interpreting the provisions of any of the Company’s Corporation's and/or the Bank's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s Corporation's and/or the Bank's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay planpolicies.
Appears in 1 contract
Samples: Executive Compensation Agreement (Washington Trust Bancorp Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 4 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 1 contract
Samples: Change in Control Protection Agreement (Boston Private Financial Holdings Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control for Good Reason under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Subsidiary (and Company’s 's, to the extent applicable) benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Subsidiary (and the Company’s 's to the extent applicable) benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any Subsidiary severance pay plan.
Appears in 1 contract
Samples: Executive Agreement (Virtusa Corp)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s 's benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.
Appears in 1 contract
Samples: Executive Severance Agreement (Electronic Designs Inc)
Effect on Other Plans. An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s 's benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.construed
Appears in 1 contract
