Common use of Rights and Payments Upon Termination Clause in Contracts

Rights and Payments Upon Termination. In connection with Executive’s termination from Company, regardless of the reason, Executive shall be entitled to the Minimum Payments, in addition to any payments or benefits to which Executive may be entitled under the express terms of any executive benefit plan or as required by law. Any payments to be made to Executive pursuant to this Section 4 shall be made in accordance with Company's customary policies and normal payroll practices.

Appears in 5 contracts

Samples: Employment Agreement (Lordstown Motors Corp.), Employment Agreement (Lordstown Motors Corp.), Employment Agreement (Lordstown Motors Corp.)

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Rights and Payments Upon Termination. In connection with Executive’s termination from Company, regardless of the reason, Executive shall be entitled to the Minimum Payments, in addition to any payments or benefits to which Executive may be entitled under the express terms of any executive benefit plan or as required by law. Any payments to be made to Executive pursuant to this Section 4 shall be made in accordance with Company's customary policies and normal payroll practices.

Appears in 1 contract

Samples: Amended and Restated Employment Agreement (Lordstown Motors Corp.)

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