Common use of Right to Severance Benefits Clause in Contracts

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within twelve (12) months thereafter, the Executive Separates from Service with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.

Appears in 5 contracts

Samples: Control Severance and Restrictive Covenant Agreement (Enova International, Inc.), Control Severance and Restrictive Covenant Agreement (Enova International, Inc.), Severance and Restrictive Covenant Agreement (Enova International, Inc.)

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Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and ifand, if within twelve twenty-four (1224) calendar months thereafter, thereafter the Executive Separates from Service Executive’s employment with the Company shall end for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein. No Executive shall be entitled to receive duplicative severance benefits under any other Company-related plans or programs if benefits are triggered hereunder.

Appears in 3 contracts

Samples: Federal Signal Corp /De/, Federal Signal Corp /De/, Federal Signal Corp /De/

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within twelve (12) months thereafter, the Executive Separates from Service with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his his/her employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.

Appears in 2 contracts

Samples: Severance and Restrictive Covenant Agreement (Enova International, Inc.), Control Severance and Restrictive Covenant Agreement (Enova International, Inc.)

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Change-in-Control of the Company and ifand, certain other Severance Benefits, if within twelve twenty-four (1224) calendar months thereafter, thereafter the Executive Separates from Service Executive’s employment with the Company shall end for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein. No Executive shall be entitled to receive duplicative severance benefits under any other Company-related plans or programs if benefits are triggered hereunder.

Appears in 2 contracts

Samples: Federal Signal Corp /De/, Federal Signal Corp /De/

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within twelve twenty-four (1224) months thereafter, the Executive Separates from Service with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.

Appears in 2 contracts

Samples: Restrictive Covenant Agreement (Cash America International Inc), Severance Agreement (Cash America International Inc)

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and ifand, for certain benefits, if within twelve twenty-four (1224) calendar months thereafter, thereafter the Executive Separates from Service Executive’s employment with the Company shall end for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein. No Executive shall be entitled to receive duplicative severance benefits under any other Company-related plans or programs if benefits are triggered hereunder.

Appears in 2 contracts

Samples: Control Severance Agreement (Federal Signal Corp /De/), Control Severance Agreement (Federal Signal Corp /De/)

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Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Controlling Company and if, within twelve twenty-four (1224) months thereafter, the Executive Separates from Service with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.

Appears in 1 contract

Samples: Control Severance Agreement (Cash America International Inc)

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within twelve (12) months thereafter, the Executive Separates from Service with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he he/she is terminated for Cause, or if his his/her employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.

Appears in 1 contract

Samples: Control Severance and Restrictive Covenant Agreement (Enova International, Inc.)

Right to Severance Benefits. The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and ifand, certain other Severance Benefits, if within twelve twenty-four (1224) calendar months thereafter, thereafter the Executive Separates from Service Executive’s employment with the Company shall end for any reason specified in Section 2.2 herein as being a Qualifying Termination. The Executive shall not be entitled to receive Severance Benefits if he is terminated for Cause, or if his employment with the Company ends due to death, Disability, or due to a voluntary termination of employment for reasons other than as specified in Section 2.2(b) herein.. No Executive shall be entitled to receive duplicative severance benefits under any other Company- related plans or programs if benefits are triggered hereunder. 2.2

Appears in 1 contract

Samples: Federal Signal Corp /De/

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