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 twenty-four (24) calendar months thereafter the 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 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: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in 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 Company and, for certain benefits, if within twenty-four (24) calendar months thereafter the 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 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: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (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 Change-in-Control of the Company and, certain other Severance Benefits, if within twenty-four (24) calendar months thereafter the 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 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: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (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 andand if, if within twenty-four twelve (2412) calendar months thereafter thereafter, the Executive’s employment Executive Separates from Service 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 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. 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: Executive Change in Control Severance and Restrictive Covenant Agreement (Enova International, Inc.), Executive Change in Control 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, certain other Severance Benefits, if within twenty-four (24) calendar months thereafter the 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 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-Company- related plans or programs if benefits are triggered hereunder.

Appears in 1 contract

Samples: Executive Change in Control Severance Agreement (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 twenty-four (24) calendar months thereafter the 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 the Executive is terminated for Cause, or if his the Executive’s employment with the Company ends due to death, Disability, or a voluntary termination of employment by the Executive for reasons other than as specified in Section 2.2(b) hereinGood Reason. No The Executive shall not be entitled to receive duplicative severance benefits under any other Company-related plans or programs that are duplicative of the Severance Benefits payable under this Agreement, if additional benefits are triggered hereunderunder such other Company-related plans or programs.

Appears in 1 contract

Samples: Executive Change in Control Severance Agreement (Aegion Corp)

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