Common use of Form and Timing of Severance Benefits Clause in Contracts

Form and Timing of Severance Benefits. The Severance Benefits described in Sections 4.3(a), 4.3(b), 4.3(c), 4.3(d), 4.3(e) and 4.3(g) shall be paid in cash to the Executive in a single lump sum, subject to the Non-Competition and Release Agreement referred to in Section 4.8, as soon as practicable following the Effective Date of Termination, but in no event beyond thirty (30) days from the later of the Effective Date of Termination and the successful expiration of the waiting periods described in Section 4.8.

Appears in 2 contracts

Samples: Change in Control Agreement (Weyerhaeuser Co), Change in Control Agreement (Weyerhaeuser Co)

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Form and Timing of Severance Benefits. The Severance Benefits described in Sections 4.3(a), 4.3(b), 4.3(c), 4.3(d), and 4.3(e) and 4.3(g) herein shall be paid in cash or cash equivalents to the Executive in a single lump sum, subject to the Non-Competition and Release Agreement referred to in Section 4.8, sum as soon as practicable following the Effective Date of Termination, (or, if later, the date of the Change in Control) but in no event beyond thirty ten (3010) days from the later of the Effective Date of Termination and the successful expiration of the waiting periods such date. The Severance Benefits described in Section 4.84.3(c) shall be paid at the times due under each applicable plan.

Appears in 2 contracts

Samples: Executive Severance Agreement (United Wisconsin Services Inc), Executive Severance Agreement (United Wisconsin Services Inc)

Form and Timing of Severance Benefits. The Severance Benefits described in Sections 4.3(aSection 4.4(a), 4.3(b4.4(b), 4.3(c4.4(c), 4.3(d4.4(e), 4.3(e) and 4.3(g4.4(g) shall be paid in cash to the Executive in a single lump sum, subject to the Non-Competition and Release Agreement referred to in Section 4.8, sum as soon as practicable following the Effective Date of Termination, but in no event beyond thirty (30) days from the later of the Effective Date of Termination and the successful expiration of the waiting periods described in Section 4.8such date.

Appears in 2 contracts

Samples: March 2004 Special Agreement (Northrop Grumman Corp /De/), Employment Agreement (Northrop Grumman Corp /De/)

Form and Timing of Severance Benefits. The Severance Benefits described in Sections 4.3(a), 4.3(b), 4.3(c), 4.3(d), 4.3(e) and 4.3(g) hereof shall be paid in cash to the Executive in a single lump sum, subject to the Non-Competition Compete and Release Agreement referred to in Section 4.8, as soon as practicable following the Effective Date of TerminationTermination (and successful expiration of the waiting periods set forth in Sections 4.8 hereof), but in no event beyond thirty (30) days from the later of the Effective Date of Termination and the successful expiration of the waiting periods described in Section 4.8such date.

Appears in 1 contract

Samples: Control Agreement (Weyerhaeuser Co)

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Form and Timing of Severance Benefits. The Severance Benefits described in Sections 4.3(a), 4.3(b), 4.3(c), and 4.3(d), 4.3(e) and 4.3(g) hereof shall be paid in cash to the Executive in a single lump sum, subject to the Non-Competition and Release Agreement referred to described in Section 4.84.6, as soon as practicable following the Effective Date of TerminationTermination (and successful expiration of the waiting periods set forth in Section 4.6 hereof), but in no event beyond thirty (30) days from the later of the Effective Date of Termination and the successful expiration of the waiting periods described in Section 4.8such date.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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