Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year term, until the third anniversary of the Effective Date. Upon each anniversary of the Effective Date, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary to the Executive that this Agreement will not be extended. In such case, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 3 contracts
Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp)
Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil April 1, until the third 2020. On that date, and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 2 contracts
Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp)
Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil February 24, until the third 2022. On that date, and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil October 11, until the third 2019. On that date, and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended termtemi, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year term, until the third anniversary of the Effective Date. Upon On that date, and on each subsequent anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 1 contract
Samples: Executive Severance Agreement (Arcadium Lithium PLC)
Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year term, until the third anniversary of the Effective Date. Upon each anniversary of the Effective Date, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary to the Executive that this Agreement will not be extended. In such case, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil December 31, until the third anniversary of the Effective Date2015. Upon On that date, and on each anniversary of the Effective Datesubsequent December 31st, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change . in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from will commence on the Effective Date and will continue in effect for a three (3) year term, until the third End Date (defined below). Upon the End Date and each anniversary thereafter of the Effective Date. Upon each anniversary of the Effective End Date, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary to the Executive that this Agreement will not be extended. In such case, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 1 contract
Samples: Executive Severance Agreement (FMC Technologies Inc)
Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil [β]. On that date, until the third and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil October 11, until the third 2019. On that date, and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate teuninate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
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Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year termuntil February 23, until the third 2022. On that date, and on each subsequent anniversary of the Effective Date. Upon each anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 1 contract
Samples: Severance Agreement (Livent Corp.)
Establishment, Term, and Purpose. This Agreement is effective from the Effective Date and will continue in effect for a three (3) year term, until the third second anniversary of the Effective Date. Upon On that date, and on each subsequent anniversary of the Effective Datethereof, the term of this Agreement will be extended automatically for one (1) additional year, unless the Committee delivers written notice six (6) months prior to such anniversary date to the Executive that this Agreement will not be extended. In such caseIf timely notice not to extend is given, this Agreement will terminate at the end of the term, or extended term, then in progress. However, in the event a Change in Control occurs during the original or any extended term, this Agreement will remain in effect for the longer of: (i) twenty-four (24) months beyond the end of the month in which such Change in Control occurred; and (ii) until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.
Appears in 1 contract
Samples: Executive Severance Agreement (Arcadium Lithium PLC)