Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen (15) days following the Date of Termination, a lump sum cash amount equal to the sum of (1) Executive's base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company shall make such additional payments, and provide such additional benefits, to Executive as the Executive may be entitled under Company benefit plans or as the Company and Executive may agree in writing.
Appears in 4 contracts
Samples: Change in Control Severance Agreement (Republic Bancorp Inc), Change in Control Severance Agreement (Republic Bancorp Inc), Change in Control Severance Agreement (Republic Bancorp Inc)
Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen thirty (1530) days following the Date of Termination, a lump lump-sum cash amount equal to the sum of (1) Executive's ’s base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company shall may make such additional payments, and provide such additional benefits, to Executive as the Executive may be entitled under Company benefit plans or as the Company and Executive may agree in writing, or to which Executive may be entitled under the compensation and benefit plans, policies, and arrangements of the Company.
Appears in 3 contracts
Samples: Change in Control Severance Agreement (Interline Brands, Inc./De), Change in Control Severance Agreement (Interline Brands, Inc./De), Change in Control Severance Agreement (Interline Brands, Inc./De)
Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen thirty (1530) days following the Date of Termination, a lump lump-sum cash amount equal to the sum of (1) Executive's base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company shall may make such additional payments, and provide such additional benefits, to Executive as the Executive may be entitled under Company benefit plans or as the Company and Executive may agree in writing.
Appears in 2 contracts
Samples: Change in Control Severance Agreement (Daisytek International Corporation /De/), Change in Control Severance Agreement (Pfsweb Inc)
Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen thirty (1530) days following the Date of Termination, a lump lump-sum cash amount equal to the sum of (1) Executive's base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company shall may make such additional payments, and provide such additional benefits, to Executive as the Executive may be entitled under Company benefit plans or as the Company and Executive may agree in writing, or to which Executive may be entitled under the compensation and benefit plans, policies, and arrangements of the Company.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Interline Brands, Inc./De)
Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen thirty (1530) days following the Date of Termination, a lump lump-sum cash amount equal to the sum of (1) Executive's ’s base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation pay, in each case to the extent not theretofore paid. The Company shall may make such additional payments, and provide such additional benefits, to Executive as the Executive Company may be entitled under Company benefit plans determine or as the Company and Executive may agree in writing.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Group 1 Software Inc)
Nonqualifying Termination. If during the Termination Period the employment of Executive shall terminate other than by reason of a Qualifying Termination, then the Company shall pay to Executive within fifteen thirty (1530) days following the Date of Termination, a lump lump-sum cash amount equal to the sum of (1) Executive's ’s base salary through the Date of Termination and any bonus amounts which have become payable, to the extent not theretofore paid or deferred, and (2) any compensation previously deferred by Executive other than pursuant to a tax-qualified plan (together with any interest and earnings thereon) and any accrued vacation or other paid time off pay, in each case to the extent not theretofore paid. The Company shall may make such additional payments, and provide such additional benefits, to Executive as the Executive may be entitled under Company benefit plans or as the Company and Executive may agree in writing, or to which Executive may be entitled under the compensation and benefit plans, policies, and arrangements of the Company.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Interline Brands, Inc./De)