Common use of Separation Benefit Clause in Contracts

Separation Benefit. Subject to the provisions of this Agreement, the Company will pay Executive the benefits set forth in Section 2(a)(iv) of Executive’s Severance and Non-Competition Agreement with the Company, but subject to Section 3 thereof (“Separation Benefit”), commencing within twenty-one (21) days of the expiration of the revocation period described in Paragraph 16 of this Agreement. The Separation Benefit shall be subject to all required payroll withholdings. The Separation Benefit does not constitute nor is it intended to be any form of compensation to Executive for any services to the Company.

Separation Benefit. Subject to the provisions of this Agreement, the Company will accelerate the vesting of all rights and will pay Executive the benefits set forth in Section 2(a)(ivSections 2(b) and (c) of Executive’s Severance Amended and Non-Competition Restated Change of Control Agreement with the Company, but subject to Section 3 thereof (“Separation Benefit”), commencing within twenty-one (21fourteen(14) days of the expiration of the revocation period described in Paragraph 16 of this Agreement. The Separation Benefit shall be subject to all required payroll withholdings. The Separation Benefit does not constitute nor is it intended to be any form of compensation to Executive for any services to the Company.

Separation Benefit. Subject to the provisions of this Agreement, the Company will accelerate the vesting of all rights and will pay Executive the benefits set forth in Section 2(a)(ivSections 2(b) and (c) of Executive’s Severance and Non-Competition Change of Control Agreement with the Company, but subject to Section 3 thereof (“Separation Benefit”), commencing within twenty-one (21fourteen(14) days of the expiration of the revocation period described in Paragraph 16 of this Agreement. The Separation Benefit shall be subject to all required payroll withholdings. The Separation Benefit does not constitute nor is it intended to be any form of compensation to Executive for any services to the Company.