Retention Payment Upon Involuntary Termination Without Cause. If Executive’s employment is involuntarily terminated prior to April 1, 2016 by the Employer without Cause, such termination shall result in an immediate vesting of the full Retention Payment and the Retention Payment shall be paid within thirty (30) days of Executive’s Date of Termination (less applicable withholding taxes).
Appears in 7 contracts
Samples: Retention Agreement (Tri-State Generation & Transmission Association, Inc.), Retention Agreement (Tri-State Generation & Transmission Association, Inc.), Retention Agreement (Tri-State Generation & Transmission Association, Inc.)
Retention Payment Upon Involuntary Termination Without Cause. If Executive’s employment is involuntarily involuntary terminated prior to April June 1, 2016 2020, by the Employer without Cause, such termination shall result in an immediate vesting of the full Retention Payment and the Retention Payment shall be paid within thirty (30) days of Executive’s Date of Termination (less applicable withholding taxes).
Appears in 5 contracts
Samples: Retention Agreement (Tri-State Generation & Transmission Association, Inc.), Retention Agreement (Tri-State Generation & Transmission Association, Inc.), Retention Agreement (Tri-State Generation & Transmission Association, Inc.)
Retention Payment Upon Involuntary Termination Without Cause. If Executive’s employment is involuntarily terminated prior to April 1June 30, 2016 2024, by the Employer without Company for any reason other than Cause, any such termination shall result in an immediate vesting of the full remaining portion of the Retention Payment and the which has not yet vested. Such Retention Payment shall be paid within thirty (30) days of Executive’s Date of Termination (less applicable withholding taxes)payable to Executive in addition to any severance benefits that may be payable to Executive pursuant to the Employment Agreement upon separation from employment.
Appears in 2 contracts
Samples: Retention Agreement (Electrameccanica Vehicles Corp.), Retention Agreement (Electrameccanica Vehicles Corp.)
Retention Payment Upon Involuntary Termination Without Cause. If Executive’s employment is involuntarily terminated prior to April 1June 30, 2016 2024, by the Employer without Company for any reason other than Cause, any such termination shall result in an immediate vesting of the full remaining portion of the Retention Payment and the which has not yet vested. Such Retention Payment shall be paid within thirty (30) days of Executive’s Date of Termination (less applicable withholding taxes).payable to Executive in addition to any severance benefits that may be payable to Executive pursuant to the Employment Agreement upon separation from employment.
Appears in 1 contract
Samples: Retention Agreement (Electrameccanica Vehicles Corp.)