Common use of Entitlement to Severance Clause in Contracts

Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to Severance Benefits in the following circumstances: (i) Executive’s employment is terminated by Franchise Group without Cause, and for other than death or Disability; or (ii) Executive terminates Executive’s employment with the Company for Good Reason. If Executive dies after receiving a notice by Franchise Group that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, then Executive’s estate, heirs and beneficiaries (as the case may be) shall be entitled to the Accrued Benefits and the Severance Benefits at the same time such amounts would have been paid or benefits provided to Executive had Executive lived.

Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to Severance Benefits in the following circumstances: (i) Executive’s employment is terminated by Franchise Group ValueVision without Cause, and for other than except in the case of death or Disability; or (ii) Executive terminates Executive’s his employment with the Company for Good Reason. If Executive dies after receiving a notice by Franchise Group ValueVision that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, then Executive’s estate, heirs and beneficiaries (as the case may be) shall be entitled to the Accrued Benefits and the Severance Benefits at the same time such amounts would have been paid or benefits provided to Executive had Executive he lived.

Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to Severance Benefits in the following circumstances: (i) i. Executive’s employment is terminated by Franchise Group without Cause, and for other than death or Disability; or (ii) . Executive terminates Executive’s employment with the Company for Good Reason. iii. If Executive dies after receiving a notice by Franchise Group that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, then Executive’s estate, heirs and beneficiaries (as the case may be) shall be entitled to the Accrued Benefits and the Severance Benefits at the same time such amounts would have been paid or benefits provided to Executive had Executive lived.

Entitlement to Severance. Subject to the other terms and conditions of this Agreement, Executive shall be entitled to Severance Benefits in the following circumstances: (i) i. Executive’s employment is terminated by Franchise Group without Cause, and for other than death or Disability; or (ii) . Executive terminates Executive’s employment with the Company for Good Reason. If Executive dies after receiving a notice by Franchise Group that Executive is being terminated without Cause, or after providing notice of termination for Good Reason, then Executive’s estate, heirs and beneficiaries (as the case may be) shall be entitled to the Accrued Benefits and the Severance Benefits at the same time such amounts would have been paid or benefits provided to Executive had Executive lived.