Common use of Plan Benefits Clause in Contracts

Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).

Appears in 4 contracts

Samples: Key Employee Agreement (Peets Coffee & Tea Inc), Key Employee Agreement (Peets Coffee & Tea Inc), Key Employee Agreement (Peets Coffee & Tea Inc)

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Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).. (B)

Appears in 2 contracts

Samples: Key Employee Agreement (Peets Coffee & Tea Inc), Tea Key Employee Agreement (Peets Coffee & Tea Inc)

Plan Benefits. In the event the Company terminates Executive's employment without Cause or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).if

Appears in 1 contract

Samples: Key Employee Agreement (Peets Coffee & Tea Inc)

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Plan Benefits. In the event the Company terminates Executive's employment without Cause Cause, or if Executive terminates his employment due to a Constructive Termination, Executive shall be eligible for the severance benefits provided pursuant to a Covered Termination under the Key Employee Plan. This Section 5.3(a) shall not apply if Executive's employment is terminated in a Change of Control Termination or due to death or Disability (as such terms are defined in the Key Employee Plan).. (B)

Appears in 1 contract

Samples: Employee Agreement (Peets Coffee & Tea Inc)

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