Employment Status and Separation Payments Sample Clauses

Employment Status and Separation Payments. (a) You acknowledge your separation from employment and all directorships with the Company and its direct and indirect parent(s), subsidiaries, and affiliates (collectively, with the Company, the “Company Group”) effective as of October 31, 2016 (the “Termination Date”), and after the Termination Date you will not represent yourself as being an employee, officer, agent or representative of the Company or any other member of the Company Group. With respect to your employment offer letter from Renaissance Parent Corp. (the “Parent”), dated as of June 2, 2013 (the “Offer Letter”), as well as your participation in the Parent’s LTI Program (as described in the Offer Letter), your termination of employment described herein will be treated as a termination without “Cause” for all purposes thereunder.
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Employment Status and Separation Payments. (a) You acknowledge your separation from employment with the Company Group and from any other position you held as an officer, director, committee member or otherwise of any member of the Company Group, effective as of March 11, 2016 (the “Termination Date”), and after the Termination Date you will not represent yourself as being an employee, officer, director, agent or representative of the Company or any other member of the Company Group. For purposes of this Agreement, the term “
Sample 1
Employment Status and Separation Payments. (a) You acknowledge your separation from employment with the Company and its direct and indirect parent(s) and subsidiaries and affiliates (collectively, with the Company, the “Company Group”) effective as of the Termination Date, and after the Termination Date you will not represent yourself as being an employee of the Company or any other member of the Company Group.
Sample 1
Employment Status and Separation Payments. (a) You acknowledge your separation from employment with the Company and its direct and indirect parent(s) and subsidiaries and affiliates (collectively, with the Company, the “Company Group”) is effective as of the Termination Date, and as of the Termination Date you will not represent yourself as being an employee of the Company or any other member of the Company Group. As of the Termination Date, you will no longer be an employee, officer or director of the Company Group and you shall neither take official action in the name or on behalf of the Company Group nor have the authority to bind the Company Group after the Termination Date. You further agree to execute and deliver to the Company such documents concerning such separation from employment (and any related service) as may be reasonably requested by the Company Group.
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Employment Status and Separation Payments. (a) You acknowledge your separation from employment with the Company and its direct and indirect parent(s) and subsidiaries (collectively, with the Company, the “Company Group”) effective as of the Termination Date, and that after the Termination Date you shall not represent yourself as being an employee, officer, agent or representative of the Company or any other member of the Company Group (as defined below) for any purpose. The Termination Date shall be the termination date of your employment for purposes of participation in and coverage under all benefit plans and programs sponsored by or through the Company and any other member of the Company Group, except as otherwise provided under the terms of the Transition Agreement between you and the Company dated November 17, 2008 (the “Transition Agreement”).
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Employment Status and Separation Payments. (a) You acknowledge your separation from employment and all directorships with the Company and its direct and indirect parent(s) and subsidiaries and affiliates (excluding shareholders of the Company) (collectively, with the Company, the “Company Group”) effective as of the Termination Date, and after the Termination Date you will not represent yourself as being an employee, officer, director, agent or representative of the Company or any other member of the Company Group. The Company agrees that, after the Termination Date, the Company Group will make all reasonable efforts to immediately cease using your name or likeness in connection with the Company Group (other than as it relates to historical depictions) and holding you out as being a current employee, officer, director, agent or representative of the Company Group.
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Employment Status and Separation Payments. (a) You acknowledge your separation from employment and all directorships with the Company and its direct and indirect parent(s), subsidiaries, and affiliates (collectively, with the Company, the “Company Group”) effective as of February 28, 2019 (the “Termination Date”), and after the Termination Date you will not represent yourself as being an employee, officer, agent or representative of the Company or any other member of the Company Group. With respect to the MEP Grant Documents and LTI Grant Documents (as defined on Schedule I attached hereto), your termination of employment described herein will be treated as a termination without “Cause” for all purposes thereunder.
Sample 1
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Employment Status and Separation Payments 
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Related to Employment Status and Separation Payments

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

  • Death After Termination of Employment But Before Benefit Payments Commence If the Executive is entitled to benefit payments under this Agreement, but dies prior to the commencement of said benefit payments, the Company shall pay the benefit payments to the Executive's beneficiary that the Executive was entitled to prior to death except that the benefit payments shall commence on the first day of the month following the date of the Executive's death.

  • Separation Payments and Benefits Without admission of any liability, fact or claim, the Company hereby agrees, subject to Executive’s timely execution and non-revocation hereof and Executive’s compliance with Executive’s obligations pursuant to this Agreement and the Surviving Provisions, to provide Executive the severance payments and benefits set forth below:

  • Separation Payment Except with respect to the Accrued Benefits as defined in the Employment Agreement, if you sign this Agreement, agreeing to be bound by the General Release in Paragraph 3 below and the other terms and conditions of this Agreement described below, and comply with the requirements of this Paragraph 2 (other than the Accrued Benefits), you will receive the compensation and benefits as contemplated by the Employment Agreement. You will not be eligible for the payment and benefits described in this Paragraph 2 unless: (i) you sign this Agreement no later than twenty-one (21) days after you receive it, promptly return the Agreement to the Company after you sign it, and do not timely revoke it; and (ii) you have returned all Company property and documents in accordance with Paragraph 15 below.

  • Separation Payments Following Executive’s separation from service with Company on or after his Vesting Date (as defined in Section 7), Company shall pay to Executive the sum of THIRTY-FOUR THOUSAND TWO HUNDRED SEVEN and 04/100 Dollars ($34,207.04) per month, beginning six months and one week after Executive’s date of separation for a period of ten (10) years, or until Executive’s death, whichever first occurs (the “Separation Payments”). Such payments shall be subject to any and all applicable withholding, Social Security, employment, income and other taxes or assessments, if any, under the applicable tax law. If Executive should die during the ten-year period during which payments are being made under this Paragraph 3, then those payments shall terminate and future payments, if any, shall be made to Executive’s designated beneficiary(ies) or Executive’s estate in accordance with the provisions of Paragraph 4 of this Agreement.

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Termination of Employment with Severance Benefits (a) The Executive shall be entitled to the severance benefits described in section 9(b) in the event that:

  • Post-Termination Benefits If the Executive's employment shall be terminated for any reason following a Change in Control and during the Term, the Company shall pay to the Executive the Executive's normal post-termination compensation and benefits as such payments become due. Such post-termination compensation and benefits shall be determined under, and paid in accordance with, the Company's retirement, insurance and other compensation or benefit plans, programs and arrangements as in effect immediately prior to the Date of Termination or, if more favorable to the Executive, as in effect immediately prior to the occurrence of the first event or circumstance constituting Good Reason.

  • Termination Payments and Benefits Regardless of the circumstances of the Executive’s termination, Executive shall be entitled to payment when due of any earned and unpaid base salary, expense reimbursements and vacation days accrued prior to the termination of Executive’s employment, and other unpaid vested amounts or benefits under Company retirement and health benefit plans, and, as applicable, under Equity Agreements in accordance with their terms, and to no other compensation or benefits.

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

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