No Other Payments or Benefits. Except as otherwise expressly provided in this Agreement, (i) after the Termination Date Executive will not be entitled to any payments from the Company and (ii) on the Termination Date Executive’s participation in and coverage under the Company’s benefit programs (including the ATC Retirement Savings Plan (i.e., the 401(k) plan) and the Company’s group life and disability insurance plans) shall cease; provided that Executive shall retain any right to convert to individual coverage as permitted under these insurance plans and to any vested benefits under the 401(k) plan and the Company’s stock incentive plans.
Appears in 8 contracts
Samples: Executive Employment Agreement (ATC Technology CORP), Executive Employment Agreement (ATC Technology CORP), Executive Employment Agreement (ATC Technology CORP)
No Other Payments or Benefits. Except as otherwise expressly provided in this Agreement, (i) after the Termination Date Executive will not be entitled to any payments from the Company and (ii) on the Termination Date Executive’s participation in and coverage under the Company’s benefit programs (including the ATC Retirement Savings Plan (i.e., the 401(k) plan) and the Company’s group life and disability insurance plans) shall cease; provided that Executive shall retain any right to convert to individual coverage as permitted under these insurance plans and to any vested benefits under the 401(k) plan and the Company’s stock incentive option plans.
Appears in 7 contracts
Samples: Executive Employment Agreement (Aftermarket Technology Corp), Executive Employment Agreement (ATC Technology CORP), Executive Employment Agreement (ATC Technology CORP)
No Other Payments or Benefits. Except as otherwise expressly provided in this Agreement, (i) after the Employment Termination Date Date, Executive will not be entitled to any payments from the Company and (ii) on the Employment Termination Date Date, Executive’s participation in and coverage under the Company’s benefit programs (including the ATC Retirement Savings Plan (i.e., the 401(k) plan) and the Company’s group life and disability insurance plans) shall cease; provided PROVIDED that Executive shall retain any right to convert to individual coverage as permitted under these insurance plans and to any vested benefits under the 401(k) plan and the Company’s stock incentive option plans.
Appears in 2 contracts
Samples: Employment Agreement (Aftermarket Technology Corp), Employment Agreement (Aftermarket Technology Corp)
No Other Payments or Benefits. Except as otherwise expressly provided in this Agreement, (i) after the Termination Date Executive will not be entitled to any payments from the Company and (ii) on the Termination Date Executive’s 's participation in and coverage under the Company’s 's benefit programs (including the ATC Retirement Savings Plan (i.e.I.E., the 401(k) plan) and the Company’s 's group life and disability insurance plans) shall cease; provided PROVIDED that Executive shall retain any right to convert to individual coverage as permitted under these insurance plans and to any vested benefits under the 401(k) plan and the Company’s 's stock incentive option plans.
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