Common use of Outplacement Services Clause in Contracts

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Executive Retention Agreement (Viasys Healthcare Inc), Employment Agreement (Thermo Electron Corp), Employment Agreement (Thermo Electron Corp)

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Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate amount equal to 15 percent of $25,000the Executive’s annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Executive Retention Agreement (Sepracor Inc /De/), Executive Retention Agreement (Sepracor Inc /De/), Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Deathdeath), or the Executive terminates employment for Good Reason, within 18 6 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00020,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 4 contracts

Samples: Arlington Tankers Ltd., Arlington Tankers Ltd., Arlington Tankers Ltd.

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,000amount to be negotiated by the Executive and the Company, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 3 contracts

Samples: Executive Retention Agreement (Polymedica Corp), Retention Agreement (Polymedica Corp), Executive Retention Agreement (Polymedica Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, 20,000 with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 3 contracts

Samples: Executive Retention Agreement, Executive Retention Agreement (Kadant Inc), Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, with such services to extend until the earlier first to occur of (i) 12 24 months following the termination of Executive's employment or ’s employment, (ii) the date the Executive secures full time employmentemployment or (iii) the date the Executive becomes engaged in a Competitive Activity.

Appears in 2 contracts

Samples: Executive Retention Agreement (Iomega Corp), Executive Retention Agreement (Iomega Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, 25,000 with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Retention Agreement (Kadant Inc), Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00015,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Stock Option Agreement (Thermo Electron Corp), Executive Retention Agreement (Thermo Terratech Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000amount to be negotiated by the Executive and the Company, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Executive Retention Agreement (Polymedica Corp), Executive Retention Agreement (Polymedica Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00040,000, with such services to extend until the earlier of (iI) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 2 contracts

Samples: Retention Agreement (Saucony Inc), Retention Agreement (Saucony Inc)

Outplacement Services. In the event that the Executive Executive's employment is terminated by the Company (other than for Cause, Disability in accordance with Section 12(e)(ii) hereof without Cause or Death), or the Executive terminates employment Section 12(d) for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00020,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment Termination Date or (ii) the date on which the Executive secures full time employment.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,0008,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Idx Systems Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Deathdeath), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing and reasonably acceptable to the Company up to an aggregate of $25,00045,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Explanatory Note (Aspen Technology Inc /De/)

Outplacement Services. In the event that the Executive Executive's employment is terminated by the Company (other than for Cause, Disability in accordance with Section 12(e)(ii) hereof without Cause or Death), or the Executive terminates employment Section 12(d) for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00015,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment Termination Date or (ii) the date on which the Executive secures full time employment.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00020,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Retention Agreement (Storagenetworks Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Deathdeath), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,00010,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Starent Networks, Corp.)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of Executive's employment employment, or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Myriad Genetics Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,00012,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Senior Executive Retention Agreement (Kronos Inc)

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Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,0005,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Idx Systems Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of [$25,00015,000], with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Deathdeath), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00020,000, with such services to extend until the earlier of (i) 12 months following the termination of the Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Change in Control Retention Agreement (Thermo Electron Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate amount equal to 15 percent of $25,000the Executive's annual base salary, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Sepracor Inc /De/)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $[25,000, 20,000, 15,000] with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, with such services to extend until the earlier first to occur of (i) 12 months following the termination of Executive's employment or ’s employment, (ii) the date the Executive secures full time employmentemployment or (iii) the date the Executive becomes engaged in a Competitive Activity.

Appears in 1 contract

Samples: Executive Retention Agreement (Iomega Corp)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 12 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the ExecutiveCompany's choosing up to an aggregate of $25,000choosing, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Control Agreement (Art Technology Group Inc)

Outplacement Services. In the event that the Executive Executive's employment is terminated by the Company (other than for Cause, Disability in accordance with Section 13(d) hereof without Cause or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00040,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment Termination Date or (ii) the date on which the Executive secures full time employment.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Employment Agreement (Thermo Fisher Scientific Inc.)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,000[15,000/20,000/25,000], with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Thermo Electron Corp)

Outplacement Services. In the event If the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 24 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's ’s choosing up to an aggregate of $25,000, 20,000 with such services to extend until the earlier of (i) 12 months following the termination of Executive's ’s employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Executive Retention Agreement (Kadant Inc)

Outplacement Services. In the event the Executive is terminated by the Company (other than for Cause, Disability or Death), or the Executive terminates employment for Good Reason, within 18 36 months following the Change in Control Date, the Company shall provide outplacement services through one or more outside firms of the Executive's choosing up to an aggregate of $25,00012,000, with such services to extend until the earlier of (i) 12 months following the termination of Executive's employment or (ii) the date the Executive secures full time employment.

Appears in 1 contract

Samples: Kronos Incorporated Summary of Terms (Kronos Inc)

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