Requirements for Additional Compensation Sample Clauses

Requirements for Additional Compensation. In addition to the compensation set forth in Section 4 above, and in lieu of any severance benefits under any then current severance plan for executive officers of the Company, Executive will receive the additional compensation set forth in subsection (b) below, if the following requirements are met: (i) Executive’s employment is terminated by the Company pursuant to Section 3(c) above (Termination by the Company without Cause) or by Executive pursuant to Section 3(e) above (termination by Executive for Good Reason) not in connection with a Change in Control; (ii) Executive strictly abides by the restrictive covenants set forth in Section 10 below; and (iii) Executive executes (and does not revoke) a separation agreement and release in a form satisfactory to the Company on or after his employment termination date, but no later than the date required by the Company in accordance with applicable law.
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Requirements for Additional Compensation. In addition to the compensation set forth in Section 6 above, Executive will receive the additional compensation set forth in subsection (b) below, if the following requirements are met: (i) Executive’s employment is terminated prior to the Expiration Date by the Company without Cause pursuant to Section 5(d) or prior to the Expiration Date Executive terminates employment for Good Reason pursuant to Section 5(f); (ii) Executive strictly abides by the restrictive covenants set forth in Section 8 below; and (iii) Executive executes (and does not revoke) a separation agreement and release in a form satisfactory to the Company on or after his employment termination date, but no later than the date required by the Company (which shall not be later than 60 days following Executive’s termination).
Requirements for Additional Compensation. If a Change in Control occurs and the Executive’s employment is terminated for any reason, at any time by the Company without Cause pursuant to Section 7(d) above, or by the Executive if prior to the end of the 60-day period beginning on the date of the Change in Control, the Company shall provide the Executive with the additional compensation and benefits described in this Section 24.
Requirements for Additional Compensation. In addition to the compensation set forth in Section 4 above, and in lieu of any severance benefits under Section 5 and/or the Company’s then current severance plan for executive officers of the Company, if there is a Change in Control (as defined below in Section 7) then Executive will receive the additional compensation set forth in subsection (b) below, if the following requirements are met: (i) Executive’s employment is terminated by the Company pursuant to Section 3(c) above (Termination by the Company without Cause) or by Executive pursuant to Section 3(e) above (termination by Executive for Good Reason) within three (3) months prior to or twelve (12) months following a Change in Control; (ii) Executive strictly abides by the restrictive covenants set forth in Section 10 below; and (iii) Executive executes (and does not revoke) a separation agreement and release in a form satisfactory to the Company on or after his employment termination date, but no later than the date required by the Company in accordance with applicable law.
Requirements for Additional Compensation. In addition to the compensation set forth in Section 8 above, Executive will receive the additional compensation and benefits set forth in paragraph (b) below, if the following requirements are met:
Requirements for Additional Compensation. In addition to the compensation set forth in Section 4 above, Executive will receive the additional compensation and benefits set forth in Section 5.2 below, if the following requirements are met: (a) Executive's employment is terminated by Viewlocity pursuant to Section 3.4 above for reasons other than death, Total Disability or Cause, or Executive terminates employment for Good Reason pursuant to Section 3.6 above; and (b) Executive executes a separation agreement and release in a form satisfactory to Viewlocity on or after his Termination Date.
Requirements for Additional Compensation. The Executive will receive the additional compensation and benefits set forth in clause (ii) below, if the following requirements are met: (A) The Executive's employment is terminated by the Company for any reason other than Cause, death or Disability or the Executive terminates employment for Good Reason; and (B) The Executive executes a separation agreement and general release substantially in the form attached hereto as Exhibit A.
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Requirements for Additional Compensation. In addition to the compensation set forth in Section 8 above, Executive will receive the additional compensation and benefits set forth in paragraph (b) below, if the following requirements are met: (i) Executive’s employment is terminated by ARC without Cause pursuant to Section 7(d) above or by Executive for Good Reason pursuant to Section 7(e) above; and (ii) On or after his date of termination, Executive executes a Release Agreement in the form attached as Appendix C to this Agreement (or such substantially similar form as may be provided by ARC) and the Release Agreement becomes effective within the time frame specified by ARC in the Release Agreement. If Executive fails to execute the Release Agreement within such time frame or revokes the Release Agreement before it becomes effective, then Executive shall not receive the additional compensation and benefits set forth in paragraph (b) below.
Requirements for Additional Compensation. In addition to the compensation set forth in Section 6 above, Executive will receive the additional compensation set forth in subsection (b) below, if the following requirements are met: (i) Executive’s employment is terminated by the Company pursuant to Section 5(d) above and there has NOT been a Change in Control of the Company (as defined in the Vericity Holdings, Inc. Change in Control Severance Benefits Plan (the “CIC Plan”)) entitling Executive to benefits under the CIC Plan; (ii) Executive strictly abides by the restrictive covenants set forth in Section 8 below; and (iii) Executive (or in the case of death of the Executive, the Executive’s representative) executes (and does not revoke) a separation agreement and release in a form that is reasonable, customary, consistent with this agreement and acceptable to the Company (Company’s acceptance may not be unreasonably withheld) on or after executive’s employment termination date, but no later than the date required by the Company in accordance with applicable law.
Requirements for Additional Compensation. In addition to the compensation set forth in Section 6 above, Executive will receive the additional compensation set forth in the applicable section of subsection (b) below, only if the following requirements are met: (i) Executive’s employment is terminated by the Company without Justifiable Cause pursuant to Section 5(d) or Executive terminates employment for Good Reason pursuant to Section 5(f) during the Initial Term or during any extended one-year term, or Executive is terminated by the Company because the Company timely elects not to renew the Agreement at the expiration of the Initial Term (and the Company does not have a basis to terminate Executive due to Executive’s death, Disability or for Justifiable Cause); (ii) Executive is not in material breach of the restrictive covenants set forth in Section 8 below and Executive has complied with Section 5(h); and (iii) Executive signs (and does not thereafter timely revoke) a general release in a form substantially similar to the form of separation agreement and general release attached hereto as Exhibit E, with such changes as may be required to: (x) comply with applicable law, and (y) preserve all of Executive’s rights with regard to Executive’s vested equity interests in the Company, on or after his employment termination date within the time determined by the Company, but no later than the 60th day following such termination of employment. For the avoidance of doubt, the Company shall present Executive with the separation agreement and general release referenced above no later than ten (10) days following termination of employment and shall allow Executive at least 21 days to consider the separation agreement and general release prior to Executive’s execution of such separation agreement and general release.
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