Common use of QUALIFYING TERMINATION PAYMENTS AND CONDITIONS Clause in Contracts

QUALIFYING TERMINATION PAYMENTS AND CONDITIONS. (a) Executive and the Company acknowledge and agree that the Date of Termination is _______________, 201__. (b) Subject to the terms and conditions of the Change of Control Agreement, including Executive’s execution and delivery of this Release Agreement and non-revocation of the ADEA Release contained herein, the Company agrees pay to Executive the benefits described in Section 3 of the Change of Control Agreement in the manner set forth therein.

Appears in 6 contracts

Samples: Change of Control Agreement (Tetra Technologies Inc), Change of Control Agreement (Tetra Technologies Inc), Change of Control Agreement (CSI Compressco LP)

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QUALIFYING TERMINATION PAYMENTS AND CONDITIONS. (a) Executive and the Company acknowledge and agree that the Date of Termination is _______________, 20120__. (b) Subject to the terms and conditions of the Change of Control Agreement, including Executive’s execution and delivery of this Release Agreement and non-revocation of the ADEA Release contained herein, the Company agrees pay to Executive the benefits described in Section 3 of the Change of Control Agreement in the manner set forth therein.

Appears in 1 contract

Samples: Change of Control Agreement (CSI Compressco LP)

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