Other Termination of Employment. For purposes of clarity, in the event that (i) Executive voluntarily resigns or otherwise voluntarily terminates employment, except due to death, Disability or for Good Reason, or (ii) Executive’s employment is terminated due to a No Severance Benefits Event then, in any such event under clause (i) or (ii), the Company shall have no obligation to provide the severance benefits described in paragraphs (1), (2) and (3) (above) of this Section 6(b), except to offer COBRA coverage (as required by COBRA law) but not at the rate described in paragraph (2). However, Executive shall still be entitled to the minimum benefits provided under Section 6(a).
Appears in 13 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement (Alta Mesa Resources, Inc. /DE)
Other Termination of Employment. For purposes of clarity, in the event that (iA) Executive voluntarily resigns or otherwise voluntarily terminates employmentEmployment, except due to death, Disability or for Good ReasonReason within a Corporate Change Period, or (iiB) Executive’s employment Employment is terminated due to a No Severance Benefits Event Cause then, in any such event under clause (iA) or (iiB), the Company shall have no obligation to provide the severance benefits described in paragraphs (1), (2) and (3) (above) of this Section 6(b) or the coverage described in Section 6(c), except to offer COBRA coverage (as required by COBRA law) but not at the rate described in paragraph (2Section 6(c). However, Executive shall still be entitled to the minimum benefits provided under Section 6(a).
Appears in 8 contracts
Samples: Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc)
Other Termination of Employment. For purposes of clarity, in the event that (iA) Executive voluntarily resigns or otherwise voluntarily terminates employmentEmployment, except due to death, Disability or for Good ReasonReason within a Corporate Change Period, or (iiB) Executive’s employment Employment is terminated due to a No Severance Benefits Event Cause then, in any such event under clause (iA) or (iiB), the Company shall have no obligation to provide the severance benefits described in paragraphs (1), (2) and (3) (above) of this Section 6(b) or the coverage described in Section 6(c), except to offer COBRA coverage (as required by COBRA law) but not at the rate described in paragraph (2Section 6(c). However, Executive shall still be entitled to the minimum benefits provided under Section 6(a).. Xxxxxx Xxxxxxx’x Employment Agreement 4
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Other Termination of Employment. For purposes of clarity, in the event that (iA) Executive voluntarily resigns or otherwise voluntarily terminates employmentEmployment, except due to death, Disability or for Good ReasonReason within a Corporate Change Period, or (iiB) Executive’s employment Employment is terminated due to a No Severance Benefits Event Cause then, in any such event under clause (iA) or (iiB), the Company shall have no obligation to provide the severance benefits described in paragraphs (1), (2) and (3) (above) of this Section 6(b) or the coverage described in Section 6(c), except to offer COBRA coverage (as required by COBRA law) but not at the rate described in paragraph (2Section 6(c). However, Executive shall still be entitled to the minimum benefits provided under Section 6(a).. Xxxxx Xxxxxxx’x Employment Agreement 4
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