Common use of QUALIFYING TERMINATION PAYMENTS AND CONDITIONS Clause in Contracts

QUALIFYING TERMINATION PAYMENTS AND CONDITIONS. (a) The Employee and the Company acknowledge and agree that the date of Termination is _______________, 201__. (b) Subject to the terms and conditions of the Employment Agreement, including the Employee’s execution and delivery of this Release Agreement and non-revocation of the ADEA Release contained herein, the Company agrees to pay or provide to the Employee the Severance Benefits as contemplated by Section 4 of the Employment Agreement in the manner set forth therein.

Appears in 4 contracts

Samples: Employment Agreement (CSI Compressco LP), Employment Agreement (CSI Compressco LP), Employment Agreement (Compressco Partners, L.P.)

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