Common use of Outplacement Counseling Clause in Contracts

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 13 contracts

Samples: Employment Agreement (Aramark Worldwide Corp), Employment Agreement (Aramark Worldwide Corp), Employment Agreement (Aramark Worldwide Corp)

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Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's ’s Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher. All such reimbursement payments shall be made prior to the last day of the second calendar year following the calendar year in which the Termination Date occurs.

Appears in 9 contracts

Samples: Employment Agreement, Employment Agreement (Aramark), Employment Agreement (Aramark)

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's ’s Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 6 contracts

Samples: Employment Agreement (Aramark Corp/De), Employment Agreement (Aramark Corp/De), Employment Agreement (Aramark Corp/De)

Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 5 contracts

Samples: Employment Agreement (Aramark Worldwide Corp), Employment Agreement (Aramark Worldwide Corp), Employment Agreement (Aramark Worldwide Corp)

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Outplacement Counseling. For the two-year period following the Termination Date (or, if earlier, the date Executive first obtains full- full-time employment after the Termination Date), the Company shall reimburse all reasonable expenses incurred by Executive for professional outplacement services by qualified consultants selected by Executive, in an amount not to exceed 20% of the Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher.

Appears in 1 contract

Samples: Termination Protection Agreement (Seagram Co LTD)

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