Payment Triggers. (a) In lieu of any other severance compensation or benefits to which the Executive may otherwise be entitled under any plan, program, policy, or arrangement of the Company (and which the Executive hereby expressly waives), the Company will pay the Executive the Severance Payments described in Section 3.02 upon termination of the Executive’s employment following a Change in Control and during the term of this Agreement, in addition to the payments and benefits described in Article II, unless the termination is (1) by the Company for Cause, (2) by reason of the Executive’s death, or (3) by the Executive without Good Reason.
Appears in 21 contracts
Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.)
Payment Triggers. (a) In lieu of any other severance compensation or benefits to which the Executive may otherwise be entitled under any agreement, plan, program, policy, or arrangement of the Company (and which the Executive hereby expressly waives), the Company will pay the Executive the Severance Payments described in Section 3.02 upon termination of the Executive’s employment following a Change in Control and during the term of this Agreement, in addition to the payments and benefits described in Article II, unless the termination is (1) by the Company for Cause, (2) by reason of the Executive’s death, or (3) by the Executive without Good Reason.
Appears in 7 contracts
Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (ZimVie Inc.)
Payment Triggers. (a) In lieu of any other severance compensation or benefits to which the Executive may otherwise be entitled under any plan, program, policy, or arrangement of the Company (and which the Executive hereby expressly waives), the Company will pay the Executive the Severance Payments described in Section 3.02 upon termination of the Executive’s 's employment following a Change in Control and during the term of this Agreement, in addition to the payments and benefits described in Article II, unless the termination is (1) by the Company for Cause, (2) by reason of the Executive’s 's death, or (3) by the Executive without Good Reason.
Appears in 2 contracts
Samples: Change in Control Severance Agreement (Zimmer Holdings Inc), Change in Control Severance Agreement (Zimmer Holdings Inc)