Common use of Payments Following Termination of Employment by Employer Without Cause Clause in Contracts

Payments Following Termination of Employment by Employer Without Cause. In the event Executive’s employment under this Agreement is terminated by Employer without Cause, and provided Executive shall first execute a written release substantially in the form attached to this Agreement as Exhibit A consistent with this Section 5.3 (the “Release Agreement”), and provided further that Executive has not exercised rights to revoke or rescind the release of claims under to the Release Agreement, then Employer shall provide to Executive the following benefits:

Appears in 3 contracts

Samples: Executive Employment Agreement (G&k Services Inc), Executive Employment Agreement (G&k Services Inc), Executive Employment Agreement (G&k Services Inc)

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Payments Following Termination of Employment by Employer Without Cause. In the event Executive’s employment under this Agreement is terminated by Employer without Cause, and provided Executive shall first execute a written release substantially in the a form attached reasonable satisfactory to this Agreement as Exhibit A Employer and consistent with this Section 5.3 (the “Release Agreement”), and provided further that Executive has not exercised rights to revoke or rescind the release of claims under to the Release Agreement, then Employer shall provide to Executive the following benefits:

Appears in 1 contract

Samples: Executive Employment Agreement (G&k Services Inc)

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