Common use of Outplacement Assistance Clause in Contracts

Outplacement Assistance. Following a Qualifying Termination (as described in Section 3.2 herein), the Executive will be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) year period after the Date of Separation from Service; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will be limited to an amount equal to fifteen percent (15%) of the Executive’s Base Salary as of the Date of Separation from Service.

Appears in 13 contracts

Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp)

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Outplacement Assistance. 14.1 Following a Qualifying Termination (as described in Section 3.2 herein)termination of employment, other than for Cause, the Executive will shall be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) one-year period after the Effective Date of Separation from ServiceTermination; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will shall be limited to an amount equal to fifteen percent (15%) $100,000. The provision of such outplacement services reimbursement shall be subject to the Executive’s Base Salary as terms of the Date of Separation from ServiceSection 9(c).

Appears in 10 contracts

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

Outplacement Assistance. Following a Qualifying Termination (as described in Section 3.2 3.02 herein), the Executive will be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) year period after the Date of Separation from Service; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will be limited to an amount equal to fifteen percent (15%) of the Executive’s Base Salary as of the Date of Separation from Service.. ARTICLE 9

Appears in 4 contracts

Samples: Executive Severance Agreement (Arcadium Lithium PLC), Executive Severance Agreement (Arcadium Lithium PLC), Severance Agreement (Livent Corp.)

Outplacement Assistance. Following a Qualifying Termination (as described in Section 3.2 herein), the Executive will be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) year period after the Date of Separation from Service; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will be limited to an amount equal to fifteen percent (15%) of the Executive’s Base Salary as of the Date of Separation from Service.

Appears in 2 contracts

Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp)

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Outplacement Assistance. Following a Qualifying Termination (as described in Section 3.2 3.02 herein), the Executive will be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) year period after the Date of Separation from Service; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will be limited to an amount equal to fifteen percent (15%) of the Executive’s Base Salary as of the Date of Separation from Service.

Appears in 1 contract

Samples: Executive Severance Agreement (Livent Corp.)

Outplacement Assistance. Following a Qualifying Termination (as described in Section 3.2 herein)Termination, the Executive will be reimbursed by the Company for the costs of all reasonable outplacement services obtained by the Executive within the two (2) year period after the Date of Separation from Service; provided, however, that reimbursements must be made by the end of the third year following the Date of Separation from Service and the total reimbursement for such outplacement services will be limited to an amount equal to fifteen percent (15%) of the Executive’s Base Salary as of the Date of Separation from Service.

Appears in 1 contract

Samples: Executive Severance Agreement (FMC Corp)

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