Common use of Non-Qualifying Termination Clause in Contracts

Non-Qualifying Termination. In the event of any termination of Executive’s employment other than a Qualifying Termination (including a termination of employment as a result of death or Disability) on or after the Change in Control Date, the Executive shall not be entitled to any payments or benefits from the Company under this Section 6. Notwithstanding the foregoing, the Executive shall be entitled to payment of the Accrued Rights and may be entitled to payments and benefits under Section 5.

Appears in 4 contracts

Samples: Employment Agreement (Manor Care Inc), Employment Agreement (Manor Care Inc), Employment Agreement (Manor Care Inc)

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