Common use of Executive Severance Benefits Clause in Contracts

Executive Severance Benefits. Subject to Sections 3(C), 3(D), 3(E) and 4(D)(ii) hereof, in the event of Executive's Involuntary Termination or Good Reason Termination, Company shall pay for outplacement services for Executive of the type customarily provided by Company to senior execuitves at the time of Executive's Involuntary Termination or Good Reason Termination and shall pay Executive an amount equal to the greater of:

Appears in 5 contracts

Samples: Executive Severance Agreement (Rightchoice Managed Care Inc), Executive Severance Agreement (Rightchoice Managed Care Inc), Executive Severance Agreement (Rightchoice Managed Care Inc)

AutoNDA by SimpleDocs

Executive Severance Benefits. Subject to Sections 3(C), 3(D), 3(E) and ---------------------------- 4(D)(ii) hereof, in the event of Executive's Involuntary Termination or Good Reason Termination, Company shall pay for outplacement services for Executive of the type customarily provided by Company to senior execuitves executives at the time of Executive's Involuntary Termination or Good Reason Termination and shall pay Executive an amount equal to the greater of:

Appears in 1 contract

Samples: Executive Severance Agreement (Rightchoice Managed Care Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.