Common use of Post-Employment Period Payments Clause in Contracts

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive or any benefit plan in which Executive has participated as an employee of the Company), (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA") and (iv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 7 contracts

Samples: Employment Agreement (Penton Media Inc), Employment Agreement (Penton Media Inc), Employment Agreement (Penton Media Inc)

AutoNDA by SimpleDocs

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 4 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, a prorated Bonus Compensation for the year of termination, not less than the Executive’s pro rata share of his average bonus paid over the prior three years, and any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, unpaid as of the end of the Employment PeriodPeriod (all of which shall be paid within thirty (30) days of termination), (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's ’s employment (but only to the extent provided in any option theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the Company), (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA"”), (iv) any accumulations and benefits to which employee is entitled under the Nonqualified Supplemental Retirement Benefit Plan and a Nonqualified Deferred Compensation Plan, and (ivv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 65.

Appears in 3 contracts

Samples: Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co)

Post-Employment Period Payments. (a) If At the Employment Period ends on Date of Termination, regardless of the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof reason for any reasontermination of employment, Executive shall cease will be entitled to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which Base Salary that has accrued but is unpaid, any annual bonus that has been earned but is unpaid, any reimbursable expenses which that have been incurred but are unpaid, and any unexpired vacation days which that have accrued under the Company's vacation policy but are unused, as of the end of the Employment Period, (ii) any option rights or plan benefits which that by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive or any such benefit plan in which Executive has participated as an a Company employee of the Company)and excluding, except as hereinafter provided in paragraph 6, any Company severance pay program or policy) and (iii) reimbursement for any benefits to which Executive is entitled under and has paid in accordance with Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA") (such reimbursement to be made upon Executive's written requests therefor from time to time). Except as specifically described in this subparagraph 6(a) and (iv) any other amount(s) payable pursuant to in the succeeding provisions subparagraphs of this paragraph 66 (under the circumstances described in those succeeding subparagraphs), from and after the Date of Termination Executive shall cease to have any rights to salary, bonus, expense reimbursements or other benefits from the Company.

Appears in 2 contracts

Samples: Option Agreement (PRG Schultz International Inc), Option Agreement (PRG Schultz International Inc)

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 4 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, unpaid and any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, unpaid as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's ’s employment (but only to the extent provided in any option theretofore granted to Executive or any other benefit plan in which Executive has participated as an employee of the Company), (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA"”), (iv) any accumulations and benefits to which employee is entitled under the Nonqualified Supplemental Retirement Benefit Plan and a Nonqualified Deferred Compensation Plan, and (ivv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 65.

Appears in 2 contracts

Samples: Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co)

Post-Employment Period Payments. (a) If Except as otherwise provided in Section 6(c) below, at the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reasonDate of Termination, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other thanwill be entitled to: (i) any salary which Base Salary that has accrued but is unpaid, any properly reimbursable expenses which that have been incurred but are unpaid, and any unexpired vacation days which that have accrued under the Company's ’s vacation policy but are unused, as of the end of the Employment Period, which amount shall be paid in a lump sum in cash within thirty (30) calendar days of the Date of Termination, in accordance with the Reimbursement Rules, where applicable, (ii) any option rights or plan benefits which accrued before the termination plus the coverage described in Section 4(g)(ii) plus any benefits that by their terms extend beyond termination of Executive's ’s employment (but only to the extent provided in any option theretofore granted to Executive or any such benefit plan in which Executive has participated as an a Company employee of the Companyand excluding, except as hereinafter provided in Section 6, any Company severance pay program or policy), and (iii) any benefits to which Executive is entitled under in accordance with Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA"”). Except as specifically described in this Section 6(a) and (iv) any other amount(s) payable pursuant to in the succeeding provisions subsections of this paragraph 6Section 6 (under the circumstances described in those succeeding subsections), from and after the Date of Termination. Executive shall cease to have any rights to salary, bonus, expense reimbursements or other benefits from the Company, BHI or any of their subsidiaries or affiliates.

Appears in 2 contracts

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

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive or in the SERP or any other benefit plan in which Executive has participated as an employee of the Company), (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA") ), and (iv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 2 contracts

Samples: Employment Agreement (Penton Media Inc), Employment Agreement (Penton Media Inc)

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive or any benefit plan in which Executive has participated as an employee of the Company)) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment, (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Act of 1974, as amended ("COBRA") and (iv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 1 contract

Samples: Employment Agreement (Penton Media Inc)

AutoNDA by SimpleDocs

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, and any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy policy, but are unused, unused as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive the SERP or any other benefit plan in which Executive has participated as an employee of the Company)) any plan benefits which by their terms extend beyond termination of Executive's employment, (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Consolidated Omnibus Budget Reconciliation Act of 19741985, as amended ("COBRA") and (iv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 1 contract

Samples: Employment Agreement (Pittway Corp /De/)

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, and any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy policy, but are unused, unused as of the end of the Employment Period, (ii) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive the SERP or any other benefit plan in which Executive has participated as an employee of the Company)) any plan benefits which by their terms extend beyond termination of Executive's employment, (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Consolidated Omnibus Reconciliation Act of 19741985, as amended ("COBRA") and (iv) any other amount(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 1 contract

Samples: Employment Agreement (Penton Media Inc)

Post-Employment Period Payments. (a) If the Employment Period ends on the date on which (without any extension thereof) it is then scheduled to end pursuant to paragraph 5 hereof, or if the Employment Period ends early pursuant to paragraph 5 hereof for any reason, Executive shall cease to have any rights to salary, bonus (if any), options, expense reimbursements or other benefits other than: (i) any salary which has accrued but is unpaid, any reimbursable expenses which have been incurred but are unpaid, and any unexpired vacation days which have accrued under the Company's vacation policy but are unused, as of the end of the Employment Period, (ii) (but only to the extent provided in any option theretofore granted to Executive or in the SERP or any other benefit plan in which Executive has participated as an employee of the Company) any option rights or plan benefits which by their terms extend beyond termination of Executive's employment (but only to the extent provided in any option theretofore granted to Executive or any benefit plan in which Executive has participated as an employee of the Company)employment, (iii) any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income Security Consolidated Omnibus Budget Reconciliation Act of 19741985, as amended ("COBRA") ), and (iv) any other amount(samounts(s) payable pursuant to the succeeding provisions of this paragraph 6.

Appears in 1 contract

Samples: Employment Agreement (Penton Media Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.