No Severance Benefits. Employee is not entitled to any severance benefits if this Agreement is terminated pursuant to Sections 6.1(a) or 6.2(a) of this Agreement; provided however, Employee shall be entitled to (i) Base Salary prorated through the effective date of such termination; (ii) bonuses for which the payment date occurs prior to the effective date of such termination; and (iii) medical coverage and other benefits required by law and plans (as provided in Section 7.5, below).
No Severance Benefits. The Executive shall not be entitled to receive Severance Benefits if the Executive’s employment with a Participating Company ends for reasons other than a Qualifying Termination.
No Severance Benefits. The Officer shall not be entitled to receive Severance Benefits under this Agreement if the Officer’s employment with the Employer ends for reasons other than a Qualifying Termination.
No Severance Benefits. Employee shall not be entitled to any severance benefits if Employee initiates Employee’s Separation from Service without Good Reason or if the Company initiates Employee’s Separation from Service without Cause; provided, however, that Employee shall be entitled to (i) Base Salary prorated through the Separation from Service; and (ii) medical coverage and other benefits required by law and plans (as provided in Section 7.5 below).
No Severance Benefits. The Distribution and the assignment, transfer, or continuation of employment of any Employee of Ventas or any of its Affiliates in connection therewith (including in accordance with Section 2.1 hereof) shall not be deemed a termination of employment entitling such Employee to severance or other similar termination payments or benefits under any applicable Law, Ventas Benefit Plan or SpinCo Benefit Plan.
No Severance Benefits except as disclosed in Disclosure Schedule 3.12.3, no severance benefits are or will be payable pursuant to any Employee Benefit Plan of the Company, or otherwise, or because of the Contemplated Transactions;
No Severance Benefits. If the Executive voluntarily terminates his or her employment with the Company, or the Executive’s employment with the Company is terminated by the Company, then the Company shall pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the sum of (i) the Executive’s base salary through the Date of Termination, (ii) any accrued bonus which the Executive is entitled to receive as of the Date of Termination, (iii) the amount of any compensation previously deferred by the Executive (together with any accrued interest or earnings thereon) and any accrued vacation pay, in each case to the extent not previously paid.
No Severance Benefits. Either Xxxxxx or the Company may terminate this Agreement upon thirty (30) days prior written notice for any reason whatsoever, in which case Xxxxxx is not entitled to any severance benefits.
No Severance Benefits. Pursuant to Section 8(e) of the Employment Agreement, since you voluntarily terminated your employment without Good Reason, you are not entitled to severance benefits under the Employment Agreement, but you are entitled to the following accrued benefits:
(a) the Company will pay to you in a lump sum in cash within 30 days after the Date of Termination the sum of (1) your base salary through the Date of Termination to the extent not theretofore paid, and (2) any accrued vacation pay to the extent not theretofore paid; and
(b) to the extent not theretofore paid or provided, the Company will timely pay or provide to you any other amounts or benefits required to be paid or provided or which you are eligible to receive under any plan, program, policy or practice or contract or agreement of the Company and its affiliated companies. You are reminded of your right to purchase continued health insurance coverage for a period of up to eighteen (18) months following the Date of Termination pursuant to the terms of applicable law.
No Severance Benefits. No severance benefits are or will be payable pursuant to any Employee Benefit Plan of Cartesian or any Cartesian Affiliate, or otherwise, or because of the transactions contemplated by this Agreement;
