Common use of Outplacement Clause in Contracts

Outplacement. Executive shall receive reasonable outplacement services to be provided by a provider selected by Executive during the Severance Period, the cost of which shall be borne by PAE; provided, however, that, notwithstanding the foregoing, Executive shall commence using such services within 12 months of Executive’s termination of employment, such outplacement services shall end not later than the last day of the second calendar year that begins after the date of termination of Executive’s employment and PAE shall pay any amounts in respect of such outplacement services not later than the last day of the third calendar year that begins after such date of termination.

Appears in 11 contracts

Samples: Employment Agreement (PAE Inc), Employment Agreement (PAE Inc), Employment Agreement (PAE Inc)

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Outplacement. Executive shall receive reasonable outplacement services to be provided by a provider selected by Executive during the Severance Period, the cost of which shall be borne by PAEthe Combined Company; provided, however, that, that notwithstanding the foregoing, Executive shall commence using such services within 12 months of Executive’s termination of employment, such outplacement services shall end not later than the last day of the second calendar year that begins after the date of termination of Executive’s employment and PAE the Combined Company shall pay any amounts in respect of such outplacement services not later than the last day of the third calendar year that begins after such date of termination.

Appears in 4 contracts

Samples: Employment Agreement (Amentum Holdings, Inc.), Employment Agreement (Amentum Holdings, Inc.), Employment Agreement (Amentum Holdings, Inc.)

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