Nature of Payments. All payments to the Executive under this Agreement shall be considered either payments in consideration of his continued service to the Company or severance payments in consideration of his past services thereto.
Appears in 17 contracts
Samples: Executive Severance Agreement (Wyman Gordon Co), Executive Severance Agreement (Gte North Inc), Executive Severance Agreement (Gte Southwest Inc)
Nature of Payments. All payments to the Executive under this Agreement shall be considered either payments in consideration of his continued service to the Company or Company, severance payments in consideration of his past services theretothereto or payments in consideration of the covenant contained in section 5.l0 hereof. No payment hereunder shall be regarded as a penalty to the Company.
Appears in 12 contracts
Samples: Amendment and Waiver Agreement (Interpublic Group of Companies Inc), Supplemental Agreement (Interpublic Group of Companies, Inc.), Employment Agreement (Interpublic Group of Companies Inc)
Nature of Payments. All payments to the Executive under this Agreement shall be considered either payments in consideration of his continued service to the 27 - 27 - Company or severance payments in consideration of his past services thereto.
Appears in 1 contract
Nature of Payments. All payments to the Executive under this Agreement shall be considered either payments in consideration of his continued service to the Company or severance payments in consideration of his past services thereto.to
Appears in 1 contract
Samples: Executive Severance Agreement (Interpublic Group of Companies Inc)
