Common use of Payment of Compensation upon Termination of Employment Clause in Contracts

Payment of Compensation upon Termination of Employment. If, during the Termination Period, the employment of the Executive shall terminate pursuant to a "Qualifying Termination" (as defined herein), then the Company shall provide to the Executive the payments described in this Section 4 and, if applicable, Section 5. For the purposes of the Agreement, a "Qualifying Termination" means (i) the Company's termination of the Executive's employment other than because of death, Disability, Retirement or Cause, as provided in Sections 3(b), 3(c) and 3(d) herein, or (ii) the Executive's termination of his employment for Good Reason pursuant to Section 3(e) herein.

Appears in 12 contracts

Samples: Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc)

AutoNDA by SimpleDocs

Payment of Compensation upon Termination of Employment. If, during the Termination Period, the employment of the Executive shall terminate pursuant to a "Qualifying Termination" (as defined herein), then the Company shall provide to the Executive the payments described in this Section 4 and, if applicable, Section 5. For the purposes of the Agreement, a "Qualifying Termination" means (i) the Company's ’s termination of the Executive's ’s employment other than because of death, Disability, Retirement or for Cause, as provided in Sections 3(b), 3(c) and 3(d) herein, or (ii) the Executive's ’s termination of his employment for Good Reason pursuant to Section 3(e) herein.

Appears in 10 contracts

Samples: Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc)

Payment of Compensation upon Termination of Employment. If, during the Termination Period, the employment of the Executive shall terminate pursuant to a "Qualifying Termination" (as defined herein), then the Company shall provide to the Executive the payments described in this Section 4 and, if applicable, Section 5. For the purposes of the Agreement, a "Qualifying Termination" means (i) the Company's ’s termination of the Executive's ’s employment other than because of death, Disability, Retirement or Cause, as provided in Sections 3(b), 3(c) and 3(d) herein, or (ii) the Executive's ’s termination of his employment for Good Reason pursuant to Section 3(e) herein.

Appears in 4 contracts

Samples: Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc)

Payment of Compensation upon Termination of Employment. If, during the Termination Period, the employment of the Executive shall terminate pursuant to a "Qualifying Termination" (as defined herein), then the Company shall provide to the Executive the payments described in this Section 4 and, if applicable, Section 5. For the purposes of the Agreement, a "Qualifying Termination" means (i) the Company's termination of the Executive's employment other than OTHER THAN because of death, Disability, Retirement or Cause, as provided in Sections 3(b), 3(c) and 3(d) herein, or (ii) the Executive's termination of his employment for Good Reason pursuant to Section 3(e) herein.

Appears in 2 contracts

Samples: Change in Control Agreement (Rf Micro Devices Inc), Change in Control Agreement (Rf Micro Devices Inc)

AutoNDA by SimpleDocs

Payment of Compensation upon Termination of Employment. If, during the Termination Period, the employment of the Executive shall terminate pursuant to a "Qualifying Termination" (as defined herein), then the Company shall provide to the Executive the payments described in this Section 4 and, if applicable, Section 5. For the purposes of the Agreement, a "Qualifying Termination" means (i) the Company's termination of the Executive's employment other than because of death, Disability, Retirement or for Cause, as provided in Sections 3(b), 3(c) and 3(d) herein, or (ii) the Executive's termination of his employment for Good Reason pursuant to Section 3(e) herein.

Appears in 1 contract

Samples: Change in Control Agreement (Rf Micro Devices Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!