Common use of Out-Placement Counseling Clause in Contracts

Out-Placement Counseling. If the Employee's employment by the Company or any Affiliate or successor of the Company shall be subject to a Termination within the Covered Period, the Company will provide out-placement counseling assistance in the form of reimbursement of the expenses incurred for such assistance within the twelve (12) month period following the Termination Date, such reimbursement amount not to exceed one-quarter (1/4) of the Employee's Base Annual Salary on the Termination Date.

Out-Placement Counseling. If the Employee's employment by the Company or any Affiliate or successor of the Company shall be subject to a Termination within the Covered Period, the Company will provide out-placement counseling assistance in the form of either (i) reimbursement of the expenses incurred for such assistance within the twelve (12) month period following the Termination Date, such reimbursement or (ii) a pre-paid executive-level program, in either case, the amount shall not to exceed one-quarter (1/4) of the Employee's Base Annual Salary Compensation on the Termination Date.

Out-Placement Counseling. If the Employee's ’s employment by the Company or any Affiliate or successor of the Company shall be subject to a Termination within the Covered Period, the Company will provide out-placement counseling assistance in the form of either (i) reimbursement of the expenses incurred for such assistance within the twelve (12) month period following the Termination Date, such reimbursement or (ii) a pre-paid executive-level program, in either case, the amount shall not to exceed one-quarter (1/4) of the Employee's ’s Base Annual Salary Compensation on the Termination Date.