Common use of Prorated Bonus and Continuation Benefits Clause in Contracts

Prorated Bonus and Continuation Benefits. In addition, if Executive’s employment is terminated: (A) by the Company for a reason other than Cause (as defined in Section 6.3(b) hereof), Disability (as defined in Section 6.4 hereof) or death, or (B) by Executive for Good Reason (as defined in Section 6.2(d) hereof), and such termination constitutes a Separation from Service, the following provisions shall apply:

Appears in 3 contracts

Samples: Employment Agreement (Peabody Energy Corp), Employment Agreement (Peabody Energy Corp), Employment Agreement (Peabody Energy Corp)

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Prorated Bonus and Continuation Benefits. In addition, if Executive’s 's employment is terminated: (A) by the Company for a reason other than Cause (as defined in Section 6.3(b) hereof), Disability (as defined in Section 6.4 hereof) or death, or (B) by Executive for Good Reason (as defined in Section 6.2(d) hereof), and such termination constitutes a Separation from Service, the following provisions shall apply:

Appears in 1 contract

Samples: Employment Agreement (Peabody Energy Corp)

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