Outplacement. If so requested by the Executive, outplacement services shall be provided for a period of one year by a professional outplacement provider selected by the Executive; provided, however, that such outplacement services shall be provided to the Executive at a cost to the Company of not more than fifteen percent (15%) of the Executive’s annual base salary immediately prior to the Qualifying Event.
Appears in 19 contracts
Samples: Change in Control Severance Agreement (Hubbell Inc), Change in Control Severance Agreement (Hubbell Inc), Change in Control Severance Agreement (Hubbell Inc)
Outplacement. If so requested by the Executive, outplacement services shall be provided for a period of one year following the termination of the Executive’s employment by a professional outplacement provider selected by the Executive; provided, however, that such outplacement services shall be provided to the Executive at a cost to the Company of not more than the lesser of (i) fifteen percent (15%) of the Executive’s annual base salary immediately prior to the Qualifying EventEvent and (ii) $50,000.
Appears in 6 contracts
Samples: Change in Control Severance Agreement (Hubbell Inc), Change in Control Severance Agreement (Hubbell Inc), Change in Control Severance Agreement (Hubbell Inc)
Outplacement. If so requested by the Executive, outplacement services shall be provided for a period of one year by a professional outplacement provider selected by the ExecutiveExecutive for a period of two years; provided, however, that such outplacement services shall be provided to the Executive at a cost to the Company each year of not more than fifteen percent (15%) of the such Executive’s annual base salary immediately prior to at the Qualifying Eventtime of Termination.
Appears in 5 contracts
Samples: Continuity Agreement (Hubbell Inc), Amended and Restated Continuity Agreement (Hubbell Inc), Continuity Agreement (Hubbell Inc)
Outplacement. If so requested by the Executive, outplacement services shall be provided for a period of one year by a professional outplacement provider selected by the ExecutiveExecutive for a period of two years; provided, however, that such outplacement services shall be provided to the Executive at a cost to the Company each year of not more than fifteen percent (15%) percent of the such Executive’s annual base salary immediately prior to at the Qualifying Eventtime of Termination.
Appears in 5 contracts
Samples: Amended and Restated Continuity Agreement (Hubbell Inc), Amended and Restated Continuity Agreement (Hubbell Inc), Continuity Agreement (Hubbell Inc)