Common use of Requirements for Additional Compensation Clause in Contracts

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.

Appears in 3 contracts

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

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Requirements for Additional Compensation. The In addition to the compensation and benefits set forth in Section 7 above, Executive will receive the additional compensation and benefits set forth in clause paragraph (iib) below, if the following requirements are metbelow if: (Ai) The Executive's ’s employment is terminated by (A) the Company pursuant to Section 6(d) above for any reason reasons other than death, Total Disability, or Cause, death or Disability or the (B) Executive terminates employment for Good ReasonReason pursuant to Section 6(e) above; and (Bii) The Executive executes a separation agreement and general release substantially in the form attached hereto as Exhibit A.Section 9 below does not apply.

Appears in 1 contract

Samples: Employment Agreement (Hooper Holmes Inc)

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