If by the Company for Disability. If the Company terminates Executive’s employment by reason of Executive’s Disability during the Post-Change Period, the Company’s sole obligation to Executive under Sections 2.1 and 2.2 and this Article shall be as follows: (a) to pay Executive a lump-sum cash amount equal to all Accrued Obligations determined as of the Termination Date, and (b) to provide Executive disability and other benefits after the Termination Date that are not less favorable to Executive than the most favorable of such benefits then available under Plans of the Company to disabled peer executives of the Company. Such disability and other benefits shall also be not materially less favorable, in the aggregate, to Executive than the most favorable of the disability and other benefits available to Executive under such Plans in effect at any time during the 90-day period immediately preceding the Effective Date.
Appears in 5 contracts
Samples: Change of Control Employment Agreement (Allstate Corp), Change of Control Employment Agreement (Allstate Corp), Change of Control Employment Agreement (Allstate Corp)