Common use of Outplacement Assistance Clause in Contracts

Outplacement Assistance. 14.1 Following a termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision of such outplacement services reimbursement shall be subject to the terms of Section 9(c).

Appears in 10 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

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Outplacement Assistance. 14.1 12.1 Following a termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two (2) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision twenty percent (20%) of such outplacement services reimbursement shall be subject to the terms Executive’s Base Salary as of Section 9(c)the effective date of termination.

Appears in 9 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Bio Technology General Corp), Employment Agreement (Bio Technology General Corp)

Outplacement Assistance. 14.1 Following a termination of employmentthe Executive's employment as described in Sections 6.5, other than for Cause6.7, or 7.1 herein, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two (2) year period after the Effective Date effective date of Terminationtermination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision fifteen percent (15%) of such outplacement services reimbursement shall be subject to the terms Executive's Base Salary as of Section 9(c)the effective date of termination.

Appears in 7 contracts

Samples: Employment and Change in Control Agreement (R&b Falcon Corp), Employment and Change in Control Agreement (R&b Falcon Corp), Employment and Change in Control Agreement (R&b Falcon Corp)

Outplacement Assistance. 14.1 12.1 Following a termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-one (1) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision ten percent (10%) of such outplacement services reimbursement shall be subject to the terms Executive’s Base Salary as of Section 9(c)the effective date of termination.

Appears in 3 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Outplacement Assistance. 14.1 Following a termination of employment, other than for Causethe Executive's employment as described in Sections 1 or 2 herein, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-six (6) months prior and two (2) year period periods after the Effective Date effective date of Terminationtermination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision fifteen percent (15%) of such outplacement services reimbursement shall be subject to the terms Executive's Base Salary as of Section 9(c)the effective date of termination.

Appears in 3 contracts

Samples: Change of Control Agreement (Providence Energy Corp), Change of Control Agreement (Providence Energy Corp), Employment Agreement (Providence Energy Corp)

Outplacement Assistance. 14.1 Following a termination of employment, other than for CauseQualifying Termination (as described in Section 3.2 herein), the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two (2) year period after the Effective Date effective date of Terminationtermination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision fifteen percent (15%) of such outplacement services reimbursement shall be subject to the terms Executive's Base Salary as of Section 9(c)the effective date of termination.

Appears in 3 contracts

Samples: Executive Severance Agreement (Old Kent Financial Corp /Mi/), Executive Severance Agreement (Old Kent Financial Corp /Mi/), Executive Severance Agreement (Old Kent Financial Corp /Mi/)

Outplacement Assistance. 14.1 12.1 Following a termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two and one half (2.5) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision twenty percent (20%) of such outplacement services reimbursement shall be subject to the terms Executive’s Base Salary as of Section 9(c)the effective date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Bio Technology General Corp)

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Outplacement Assistance. 14.1 Following a termination of employment, other than for CauseQualifying Termination, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two (2) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to the lesser of seventy-five thousand dollars ($100,000. The provision 75,000) or fifteen percent (15%) of such outplacement services reimbursement shall be subject to the terms Executive's Base Salary as of Section 9(c)the Effective Date of Termination.

Appears in 2 contracts

Samples: Severance Agreement (Lee Sara Corp), Earthgrains Co /De/

Outplacement Assistance. 14.1 Following a termination of employment, other than employment by the Company without Cause or by the Executive for CauseGood Reason, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive and moving expenses within the one-year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to $100,00050,000. The provision of such outplacement services reimbursement shall be subject to the terms of Section 9(c).

Appears in 1 contract

Samples: Employment Agreement (Dendreon Corp)

Outplacement Assistance. 14.1 Following a termination of employment, other than for Cause, Qualifying Termination (as defined in Section 7.1 herein) the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-year period after the Effective Date of TerminationExecutive; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision fifteen percent (15%) of such outplacement services reimbursement shall be subject to the terms Executive’s Base Salary as of Section 9(c)the effective date of termination.

Appears in 1 contract

Samples: Employment Agreement (Bank of America Corp /De/)

Outplacement Assistance. 14.1 12.1 Following a termination of employmentemployment by the Company, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the one-two (2) year period after the Effective Date of TerminationTermination or until the Executive secures a new job, whichever is the sooner; provided, however, that the total reimbursement shall be limited to an amount equal to $100,000. The provision twenty percent (20%) of such outplacement services reimbursement shall be subject to the terms Executive’s Base Salary as of Section 9(c)the effective date of termination.

Appears in 1 contract

Samples: Employment Agreement (Bio Technology General Corp)

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