Common use of Normal Post-Termination Compensation and Benefits Clause in Contracts

Normal Post-Termination Compensation and Benefits. Except as provided in Section 3.01, if the Executive’s employment is terminated for any reason following a Change in Control and during the term of this Agreement, the Company will pay the Executive the normal post-termination compensation and benefits payable to the Executive under the terms of the Company’s retirement, insurance, and other compensation or benefit plans, programs, and arrangements, as in effect immediately prior to the Change in Control. This provision does not restrict the Company’s right to amend, modify, or terminate any plan, program, or arrangement prior to a Change in Control.

Appears in 28 contracts

Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (ZimVie Inc.)

AutoNDA by SimpleDocs

Normal Post-Termination Compensation and Benefits. Except as provided in Section 3.013.1, if the Executive’s 's employment is terminated for any reason following a Change in Control and during the term of this Agreement, the Company will pay the Executive the normal post-termination compensation and benefits payable to the Executive under the terms of the Company’s retirement, insurance, and other 's compensation or benefit plans, programs, and arrangements, as in effect immediately prior to the Change in Control, including but not limited to the Non-Competition Period Payments (if any). This provision does not restrict the Company’s 's right to amend, modify, or terminate any plan, program, or arrangement prior to a Change in Control.

Appears in 3 contracts

Samples: Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Severance Agreement (Zimmer Biomet Holdings, Inc.), Zimmer Biomet Holdings, Inc.

Normal Post-Termination Compensation and Benefits. Except as provided in Section 3.01, if the Executive’s 's employment is terminated for any reason following a Change in Control and during the term of this Agreement, the Company will pay the Executive the normal post-termination compensation and benefits payable to the Executive under the terms of the Company’s 's retirement, insurance, and other compensation or benefit plans, programs, and arrangements, as in effect immediately prior to the Change in Control. This provision does not restrict the Company’s 's right to amend, modify, or terminate any plan, program, or arrangement prior to a Change in Control.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Zimmer Holdings Inc), Change in Control Severance Agreement (Zimmer Holdings Inc)

Normal Post-Termination Compensation and Benefits. Except as provided in Section 3.013.1, if the Executive’s employment is terminated for any reason following a Change in Control and during the term of this Agreement, the Company will pay the Executive the normal post-termination compensation and benefits payable to the Executive under the terms of the Company’s retirement, insurance, and other compensation or benefit plans, programs, and arrangements, as in effect immediately prior to the Change in Control, including but not limited to the Non-Competition Period Payments (if any). This provision does not restrict the Company’s right to amend, modify, or terminate any plan, program, or arrangement prior to a Change in Control.

Appears in 2 contracts

Samples: www.sec.gov, General Release (Zimmer Biomet Holdings, Inc.)

AutoNDA by SimpleDocs

Normal Post-Termination Compensation and Benefits. Except as provided in Section 3.013.1, if the Executive’s employment is terminated for any reason following a Change in Control and during the term of this Agreement, the Company will pay the Executive the normal post-termination compensation and benefits payable to the Executive under the terms of the Company’s retirement, insurance, and other compensation or benefit plans, programs, and arrangements, as in effect immediately prior to the Change in Control, including but not limited to the Non Competition Period Payments (if any). This provision does not restrict the Company’s right to amend, modify, or terminate any plan, program, or arrangement prior to a Change in Control.

Appears in 1 contract

Samples: Control Severance Agreement (Zimmer Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!