Common use of Entitlement to Severance Benefits Clause in Contracts

Entitlement to Severance Benefits. If, during the Term of the Agreement, the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 below, provide severance benefits to Executive as set forth below in this Section 4.4.

Appears in 10 contracts

Samples: Severance Agreement (Oak Industries Inc), Severance Agreement (Genrad Inc), Severance Agreement (Genrad Inc)

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Entitlement to Severance Benefits. If, during In the Term of the Agreement, event that the Company terminates Executive's employment without other than for Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 2 below, provide severance benefits to Executive as set forth below in this Section 4.41.2.

Appears in 6 contracts

Samples: Severance Agreement (Macrochem Corp), Severance Agreement (Macrochem Corp), Severance Agreement (Macrochem Corp)

Entitlement to Severance Benefits. IfIn the event that, during the Term following or in connection with a Change of the AgreementControl, the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 2 below, provide severance benefits to Executive as set forth below in this Section 4.41.3.

Appears in 6 contracts

Samples: Severance Agreement (Macrochem Corp), Severance Agreement (Macrochem Corp), Severance Agreement (Macrochem Corp)

Entitlement to Severance Benefits. If, during the Term of the Agreement, the Company terminates Executive's ’s employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 4 below, provide severance benefits to Executive as set forth below in this Section 4.43.4(b).

Appears in 3 contracts

Samples: Executive Employment Agreement (Lionbridge Technologies Inc /De/), Change of Control Agreement (Lionbridge Technologies Inc /De/), Executive Agreement (Lionbridge Technologies Inc /De/)

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Entitlement to Severance Benefits. If, during the Term of the AgreementEmployment --------------------------------- Period, the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 below, provide severance benefits to Executive as set forth below in this Section 4.4.

Appears in 2 contracts

Samples: Employment Agreement (Control Delivery Systems Inc/Ma), Employment Agreement (Control Delivery Systems Inc/Ma)

Entitlement to Severance Benefits. If, during the Term of the Agreement, If the Company terminates Executive's employment without Cause, or if Executive terminates his employment for Good Reason, the Company will, subject to Section 5 2 below, provide severance benefits to Executive as set forth below in this Section 4.41.4.

Appears in 1 contract

Samples: Severance Agreement (Genrad Inc)

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