Common use of Removal From Coverage Clause in Contracts

Removal From Coverage. In the event the Executive’s job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal.

Appears in 11 contracts

Samples: Executive Severance Agreement, Executive Severance Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co)

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Removal From Coverage. In the event the Executive’s job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal. Removals occurring within two (2) years after a CIC, shall be null and void for purposes of this Agreement.

Appears in 7 contracts

Samples: Executive Change in Control Agreement (Weyerhaeuser Co), Executive Change in Control Agreement (Plum Creek Timber Co Inc), Executive Change in Control Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s 's job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal. Removals occurring within two (2) years after a CIC, shall be null and void for purposes of this Agreement.

Appears in 2 contracts

Samples: Executive Change in Control Agreement (Weyerhaeuser Co), Executive Change in Control Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal. Removals occurring within six (6) months prior to a CIC, or within two (2) years after a CIC, shall be null and void for purposes of this Agreement.

Appears in 2 contracts

Samples: Change in Control Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s 's job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal. Removals occurring within six (6) months prior to a CIC, or within two (2) years after a CIC, shall be null and void for purposes of this Agreement.

Appears in 2 contracts

Samples: Change in Control Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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Removal From Coverage. In the event the Executive’s job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal. Removals occurring within six (6) months prior to a CIC, or within two (2) years after a CIC, shall be null and void for purposes of this Agreement.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s 's job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

Removal From Coverage. In the event the Executive’s 's job classification is reduced below the minimum level required for eligibility to continue to be covered by severance protection as determined at the sole discretion of the Committee, the Committee may remove the Executive from coverage under this Agreement. Such removal shall be effective three (3) months after the date the Company notifies the Executive of such removal.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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