Common use of Requirements for Additional Compensation Clause in Contracts

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.

Appears in 4 contracts

Samples: Employment Agreement (Viewlocity Inc), Employment Agreement (Viewlocity Inc), Employment Agreement (Viewlocity Inc)

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Requirements for Additional Compensation. In addition to the compensation set forth in Section 4 7 above, the Executive will shall receive the additional compensation and benefits set forth in Section 5.2 paragraph (b) below, if the following requirements are met: (ai) the Executive's employment is terminated by Viewlocity The Times pursuant to Section 3.4 6(d) above for reasons other than death, Total Disability or Cause, Cause or the Executive terminates employment resigns for Good Reason pursuant to Section 3.6 6(e) above; and (bii) the Executive executes a separation agreement Separation Agreement and release Release in a the form satisfactory attached as Exhibit "B" to Viewlocity this Agreement on or after his Termination Date.

Appears in 1 contract

Samples: Employment Agreement (New York Times Co)

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