Common use of Employment Period Compensation Clause in Contracts

Employment Period Compensation. In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

Appears in 3 contracts

Samples: Employment Agreement (Eastern Insurance Holdings, Inc.), Employment Agreement (Eastern Insurance Holdings, Inc.), Employment Agreement (Eastern Insurance Holdings, Inc.)

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Employment Period Compensation. In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, Agreement substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:.

Appears in 1 contract

Samples: Employment Agreement (Eastern Insurance Holdings, Inc.)

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Employment Period Compensation. In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, Agreement substantially in the form attached hereto as Exhibit B, in the event of his her termination under relevant circumstances pursuant to which he she would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

Appears in 1 contract

Samples: Employment Agreement (Eastern Insurance Holdings, Inc.)

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