Enhanced Severance Benefits. If the Company terminates Executive without Cause within one hundred eighty (180) days before or three hundred and sixty five (365) days after a Change of Control or Executive resigns with Good Reason pursuant to Section 7.4(a), Executive will be entitled to receive all Standard Termination Payments described in Section 7.1, the Base Severance Payments described in Section 7.2(c)(i) and the COBRA Benefits described in Section 7.2(c)(ii). In addition, Executive will be entitled to the following:
Enhanced Severance Benefits. (a) You will be entitled to receive the enhanced severance benefits upon the satisfaction of certain conditions precedent as set forth in the Severance Attachment to this Agreement. In order for you to be eligible to receive these enhanced severance benefits, the following conditions must be satisfied: (i) the merger of Times Mirror into Tribune must be completed; and either (ii) your employment must be terminated by Times Mirror or Tribune prior to the end of the Severance Protection Period; or (iii) you terminate your employment after the Effective Date for the limited good reasons included within the terms of the provisions of the Severance Attachment. Upon the satisfaction of said conditions precedent, you will receive the enhanced severance benefits set forth in the Severance Attachment to this Agreement. However, (i) in the event that the merger of Times Mirror into Tribune is completed but your employment is not terminated in the manner set forth above within the Severance Protection Period as defined in the Severance Attachment, or (ii) your employment is terminated under the provisions of paragraph 1 (d), you will not receive the enhanced severance benefits.
Enhanced Severance Benefits. (a) If your employment with the Company ends in an Involuntary Termination during the Transition Period, the Company will pay or provide you with the enhanced severance and other benefits (the “Severance Payments and Benefits”) payable to a “GV Participant” under Part 3 of Appendix A to the Executive Severance Plan of The XxXxxx-Xxxx Companies, Inc. (“Severance Plan”) as in effect on the date of this Retention Agreement, as if such Severance Plan had been duly adopted by the Company for your benefit and the enhanced severance provisions in Appendix A thereof had remained in effect through the date of your Involuntary Termination.
Enhanced Severance Benefits. (a) You will be entitled to receive the enhanced severance benefits upon the satisfaction of certain conditions precedent as set forth in the Severance Attachment to this Agreement. In order for you to be eligible to receive these enhanced severance benefits (subject to the provisions of paragraph 1 (b)), the following conditions must be satisfied: (i) the merger of Times Mirror into Tribune must be completed; and either (ii) you continue in employment through the Effective Date, (iii) you die or become disabled before the Effective Date, or (iv) your employment must be terminated by Times Mirror or Tribune at any time after the date of this Agreement and prior to the end of the Severance Protection Period. Upon the satisfaction of said conditions precedent, you will receive the enhanced severance benefits set forth in the Severance Attachment to this Agreement. However, (i) in the event that the merger of Times Mirror into Tribune is completed but your employment is not terminated in the manner set forth above within the Severance Protection Period as defined in the Severance Attachment, or (ii) your employment is terminated under the provisions of paragraph 1 (d), you will not receive the enhanced severance benefits.
Enhanced Severance Benefits. If Lennxx xxxminates an Employee other than for Cause (including Lennxx' xxn-renewal of the Agreement) and that Employee accepts and meets the conditions of this Paragraph 3 of Exhibit C, Lennxx xxxees to pay an Enhanced Severance Payment and provide the other benefits described below ("Enhanced Severance Benefits"). The Employee must agree to execute a written General Release of any and all possible claims against Lennxx xxxsting at the time of termination in exchange for which Lennxx xxxees to the following severance provisions:
Enhanced Severance Benefits. If Employee elects and meets the conditions of this Section 3 of Exhibit C and (a) Lennox terminates Employee other than for Cause (including Lennox’s non-renewal of the Agreement), (b) Employee terminates his employment for Good Reason, or (c) Employee becomes permanently disabled, Lennox agrees to pay an Enhanced Severance Payment and provide the other benefits described below (“Enhanced Severance Benefits”). The Employee must agree to execute a written General Release in a form satisfactory to Lennox of any and all possible claims against Lennox existing at the time of termination in exchange for which Lennox agrees to the following severance provisions:
Enhanced Severance Benefits. If Xxxxxx terminates an Employee other than for Cause (including Xxxxxx' non-renewal of the Agreement) and that Employee elects and meets the conditions of this Paragraph 3 of Exhibit C, Xxxxxx agrees to pay an Enhanced Severance Payment and provide the other benefits described below ("Enhanced Severance Benefits"). The Employee must agree to execute a written General Release of any and all possible claims against Xxxxxx existing at the time of termination in exchange for which Xxxxxx agrees to the following severance provisions:
Enhanced Severance Benefits. If Lennox terminates an Employee other than for Cause (including Lennox’ non-renewal of the Agreement) and that Employee elects and meets the conditions of this Paragraph 3 of Exhibit C, Lennox agrees to pay an Enhanced Severance Payment and provide the other benefits described below (“Enhanced Severance Benefits”). The Employee must agree to execute a written General Release of any and all possible claims against Lennox existing at the time of termination in exchange for which Lennox agrees to the following severance provisions:
Enhanced Severance Benefits. If a change in control (as determined under the Employment Agreement) occurs during the Term or pursuant to an agreement entered into by the Company during the Term, Consultant shall be entitled to the cash severance benefits and COBRA coverage set forth in the Employment Agreement relating to a change in control, determined as if she terminated from employment involuntarily immediately following such change in control, except that: (i) the amount of the severance payments shall be reduced by the payments of severance previously made to Consultant; (ii) to the extent that severance payments were due prior to such change in control and such payments are subject to Section 409A, such payments shall continue to be made on the same schedule without regard to this paragraph; and (iii) the period of COBRA coverage shall be reduced by the amount of time that has passed between the Effective Date and the date of such change in control. For the avoidance of doubt, nothing in this paragraph shall result in a duplication of severance benefits.
Enhanced Severance Benefits. Except as provided in this Agreement, Executive agrees that Employer has no obligation beyond July 1, 2002 to pay the costs of covering Executive under Employer's group medical, dental and/or vision plans, as well as Employer's disability and life insurance plans. In consideration of this Agreement, Employer will grant or provide to Executive the enhanced severance benefits set forth in Sections 3.1 through 3.5 below (collectively, "Enhanced Severance Benefits"). Executive acknowledges that the Enhanced Severance Benefits are something of value or a benefit that to which Executive is not otherwise entitled.
