Common use of Executive’s Resignation for Good Reason Clause in Contracts

Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good Reason, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as “Effective Date” is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Section 4.1 hereof.

Appears in 6 contracts

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc)

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Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good ReasonReason in the absence of a Change of Control, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as “Effective Date” is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Section 4.1 hereof.

Appears in 4 contracts

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc), Key Employee Agreement (Watson Pharmaceuticals Inc)

Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good Reason, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as “Effective Date” is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Sections 3.1(a) and (b) of this Exhibit A, and any unvested Awards held by Executive shall continue to vest as expressly provided in Section 4.1 hereof6.5 of the Agreement to the extent applicable.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good Reason, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as “Effective Date” is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Section 4.1 hereof.as

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

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Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good Reason, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as "Effective Date" is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Section 4.1 hereof.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

Executive’s Resignation for Good Reason. If Executive terminates his employment with the Company for Good Reason, the Company shall provide to Executive, within thirty (30) days after the Effective Date of the Release attached hereto as Exhibit B (as "Effective Date" is defined in the Release), as the only severance compensation and benefits, the same severance compensation and benefits provided in Section 4.1 4.1(a) hereof.

Appears in 1 contract

Samples: Key Employee Agreement (Watson Pharmaceuticals Inc)

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