Common use of Full Xxxxxxxxxx Clause in Contracts

Full Xxxxxxxxxx. XX0X HILL’s or successor’s obligation to make payments provided for in this Agreement and otherwise to perform its obligations hereunder shall be in lieu and in full settlement of all other separation payments to Executive under any previous severance or employment agreement between the Executive and CH2M HILL or a successor, and, with respect to amounts payable in connection with a termination of employment within the COC Period, such agreements shall be null and void. In addition, payments made under Section 3.1 and 3.2 shall be in full settlement of the compensation and benefit obligations to which the payments relate under the plan, program or agreement under which such promises, awards or grants were made. As a condition of payment of amounts due the Executive under this Agreement in connection with a termination of employment, the Executive shall be required to execute a Release and Settlement Agreement within 30 days of his/her termination of employment, in the form reasonably determined by CH2M HILL or successor, in which the Executive shall acknowledge satisfaction of CH2M HILL’s or successor’s obligations under this Agreement and such programs, plans, and agreements under which such promises, awards or grants were made.

Appears in 11 contracts

Samples: Executive Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD)

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Full Xxxxxxxxxx. XX0X HILL’s 's or successor’s 's obligation to make payments provided for in this Agreement and otherwise to perform its obligations hereunder shall be in lieu and in full settlement of all other separation payments to Executive under any previous severance or employment agreement between the Executive and CH2M HILL or a successor, and, with respect to amounts payable in connection with a termination of employment within the COC Period, such agreements shall be null and void. In addition, payments made under Section 3.1 and 3.2 shall be in full settlement of the compensation and benefit obligations to which the payments relate under the plan, program or agreement under which such promises, awards or grants were made. As a condition of payment of amounts due the Executive under this Agreement in connection with a termination of employment, the Executive shall be required to execute a Release and Settlement Agreement within 30 days of his/her termination of employment, in the form reasonably determined by CH2M HILL or successor, in which the Executive shall acknowledge satisfaction of CH2M HILL’s 's or successor’s 's obligations under this Agreement and such programs, plans, and agreements under which such promises, awards or grants were made.

Appears in 1 contract

Samples: Change of Control Agreement (Ch2m Hill Companies LTD)

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Full Xxxxxxxxxx. XX0X HILL’s 's or successor’s 's obligation to make payments provided for in this Agreement and otherwise to perform its obligations hereunder shall be in lieu and in full settlement of all other separation payments to Executive under any previous severance or employment agreement between the Executive and CH2M HILL or a successor, and, with respect to amounts payable in connection with a termination of employment within the COC Period, such agreements shall be null and void. In addition, payments made under Section section 3.1 and 3.2 shall be in full settlement of the compensation and benefit obligations to which the payments relate under the plan, program or agreement under which such promises, awards or grants were made. As a condition of payment of amounts due the Executive under this Agreement in connection with a termination of employment, the Executive shall be required to execute a Release and Settlement Agreement within 30 days of his/her termination of employment, in the form reasonably determined by CH2M HILL or successor, in which the Executive shall acknowledge satisfaction of CH2M HILL’s 's or successor’s 's obligations under this Agreement and such programs, plans, and agreements under which such promises, awards or grants were made.

Appears in 1 contract

Samples: Control Agreement (Ch2m Hill Companies LTD)

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