Common use of Right to Severance Benefits Clause in Contracts

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company if a Qualifying Termination occurs after a Change in Control and before the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 13 contracts

Samples: Executive Severance Agreement (FMC Corp), Severance Agreement (FMC Corp), Severance Agreement (FMC Corp)

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Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company Severance Benefits, as described in Section 3.3 herein, if a Qualifying Termination occurs after there has been a Change in Control and before the end of the Company and if, within twenty-fourth four (24th24) calendar month months following the end of the month in which the Change in Control occursControl, a Qualifying Termination of the Executive has occurred. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 6 contracts

Samples: Severance Agreement (John Bean Technologies CORP), Severance Agreement (John Bean Technologies CORP), Severance Agreement (FMC Corp)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company Severance Benefits, as described in Section 3.3 herein, if a Qualifying Termination occurs after there has been a Change in Control and before the end of the Company and if, within twenty-fourth four (24th24) calendar month months following the end of the month in which the Change in Control occursControl, a Qualifying Termination of the Executive has occurred. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability. 3.2.

Appears in 4 contracts

Samples: Control Agreement (John Bean Technologies CORP), Control Agreement (John Bean Technologies CORP), John Bean Technologies CORP

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company if a Qualifying Termination occurs on or after a Change in Control and before the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability. Section 3.02.

Appears in 4 contracts

Samples: 97955151v2 Executive Severance Agreement (Arcadium Lithium PLC), 97955201v2 Executive Severance Agreement (Arcadium Lithium PLC), Executive Severance Agreement (Livent Corp.)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits --------------------------- from the Company Severance Benefits, as described in Section 3.3 herein, if a Qualifying Termination occurs after there has been a Change in Control and before the end of the Company and if, within twenty-fourth four (24th24) calendar month months following the end of the month in which the Change in Control occursControl, a Qualifying Termination of the Executive has occurred. The Executive will not be entitled to receive Severance Benefits if the Executive’s 's employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 4 contracts

Samples: Agreement (FMC Technologies Inc), Agreement (FMC Technologies Inc), Agreement (FMC Corp)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company if a Qualifying Termination occurs on or after a Change in Control and before the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs. The Executive will not be entitled to receive Severance Benefits if the Executive’s 's employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability. Section 3.02.

Appears in 2 contracts

Samples: Form of Executive Severance Agreement (Livent Corp.), Form of Executive Severance Agreement (Livent Corp.)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company Severance Benefits, as described in Section 3.3 herein, if a Qualifying Termination occurs after there has been a Change in Control of the Company and before if, by the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs, a Qualifying Termination of the Executive has occurred. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 2 contracts

Samples: Executive Severance Agreement (FMC Corp), Severance Agreement (FMC Corp)

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Right to Severance Benefits. The Executive will shall be entitled to receive the Severance Benefits from the Company Severance Benefits, if a Qualifying Termination occurs after there has been a Change in Control and before the end of the Company and if, within twenty-fourth four (24th24) calendar month following months thereafter, the end of the month in which the Change in Control occursExecutive experiences a Qualifying Termination. The Executive will shall not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) he experiences an Involuntary Termination for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to Separation from Service by reason of his death or Disability, a voluntary Separation from Service after attaining his Normal Retirement Age, or a voluntary Separation from Service that is not a Constructive Termination.

Appears in 2 contracts

Samples: Waiver and General (Walter Energy, Inc.), Walter Energy, Inc.

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company if a Qualifying Termination occurs on or after a Change in Control and before the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 1 contract

Samples: Form of Executive Severance Agreement (Livent Corp.)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company if a Qualifying Termination occurs after a Change in Control and before the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.. -5- #16640449 v5

Appears in 1 contract

Samples: Executive Severance Agreement (FMC Corp)

Right to Severance Benefits. The Executive will be entitled to receive the Severance Benefits from the Company Severance Benefits, as described in Section 3.3 herein, if a Qualifying Termination occurs after there has been a Change in Control of the Company and before if, by the end of the twenty-fourth (24th) calendar month following the end of the month in which the Change in Control occurs, a Qualifying Termination of the Executive has occurred. The Executive will not be entitled to receive Severance Benefits if the Executive’s employment is terminated (i) for Cause, (ii) due to a voluntary termination without Good Reason, or (iii) due to death or Disability.

Appears in 1 contract

Samples: Severance Agreement (FMC Corp)

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