Retirement, Disability or Death. 1. The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s Retirement, Disability or Death; provided, however, that if Executive retires under circumstances that would constitute “Good Reason”, Executive shall be deemed to have terminated for “Good Reason” and be entitled to the applicable rights and benefits provided in this agreement.
Appears in 4 contracts
Samples: Executive Employment Agreement (Powell Industries Inc), Executive Employment Agreement (Powell Industries Inc), Executive Employment Agreement (Powell Industries Inc)
Retirement, Disability or Death. 1. The Employment Term and Executive’s 's employment hereunder shall terminate upon Executive’s 's Retirement, Disability or Death; provided, however, that if Executive retires under circumstances that would constitute “"Good Reason”", Executive shall be deemed to have terminated for “"Good Reason” " and be entitled to the applicable rights and benefits provided in this agreementAgreement.
Appears in 3 contracts
Samples: Executive Employment Agreement (Powell Industries Inc), Employment Agreement (Powell Industries Inc), Confidentiality, Non Competition and Non Solicitation Agreement (Powell Industries Inc)
