Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect: (i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or (ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 11 contracts
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx Oxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 3 contracts
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits Severance Payment described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company Orion for Good Reason. If Executive dies after receiving a notice by Xxxxx Orion that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits Severance Payment described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 3 contracts
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, the Executive shall be entitled to the Accrued Benefits, and to the severance benefits Severance Payment described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) The Executive’s employment is terminated by Orion the Company without Cause, Cause (except in the case of death or Disability); or
(ii) The Executive terminates his or her employment with the Company for Good Reason. If the Executive dies after receiving a notice by Xxxxx the Company that the Executive is being terminated without Cause, or after providing notice of termination for Good Reason, then the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to the Executive had he or she lived.
Appears in 3 contracts
Samples: Executive Employment and Severance Agreement (Imperial Holdings, LLC), Executive Employment and Severance Agreement (Imperial Holdings, LLC), Executive Employment and Severance Agreement (Imperial Holdings, LLC)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion the Company without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx the Company that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 2 contracts
Samples: Executive Employment and Severance Agreement (MEDecision, Inc.), Executive Employment and Severance Agreement (MEDecision, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits Severance Payment described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company Orion for Good Reason. If Executive dies after receiving a notice by Xxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits Severance Payment described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 2 contracts
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this AgreementAgreement (including, without limitation, Section 6 hereof), Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 2 contracts
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.), Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)
Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to the Accrued Benefits, and to the severance benefits described in subsection (c), in either of the following circumstances while this Agreement is in effect:
(i) Executive’s employment is terminated by Orion without Cause, except in the case of death or Disability; or
(ii) Executive terminates his or her employment with the Company for Good Reason. If Executive dies after receiving a notice by Xxxxx that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, the Executive’s estate, heirs and beneficiaries shall be entitled to the Accrued Benefits and the severance benefits described in subsection (c) at the same time such amounts would have been paid or benefits provided to Executive had he or she lived.
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Orion Energy Systems, Inc.)