Severance Benefits Upon Involuntary Termination Other Than Change in Control Severance Benefits. Should the Executive’s employment pursuant to this Agreement be terminated by the Company other than by reason of Misconduct at any time other than within the Change in Control Severance Period, then the Executive shall become eligible to receive the severance payments and benefits described below provided that there is compliance with the following requirements (the “Severance Benefits Conditions”): (i) The Executive shall, within twenty-one (21) days (or within forty-five (45) days if such longer period is required under applicable law) following such termination, execute and deliver to the Company a general release in substantially the form attached hereto as Exhibit B which becomes effective in accordance with applicable law following the expiration of any applicable revocation period. This requirement shall hereinafter be referred to as the “Release Condition.” (ii) The Executive shall have complied with, and shall continue to comply with, all of the Executive’s obligations under the PIIA. (iii) The Executive shall have complied with, and shall continue to comply with the restrictive covenants set forth in Paragraph 4.5. In the event that the Executive violates his PIIA or elects to engage or otherwise engages in any of the activities precluded by the restrictive covenants set forth in Paragraph 4.5, the Executive shall not be entitled, after the date of such violation or activity (as the case may be), to receive any payments or benefits under Paragraph 4.3 or Paragraph 4.4. The severance payments and benefits to which the Executive may become entitled under this Paragraph 4.3 shall consist of the following:
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Samples: Employment Agreement (Masergy Communications Inc), Employment Agreement (Masergy Communications Inc), Employment Agreement (Masergy Communications Inc)
Severance Benefits Upon Involuntary Termination Other Than Change in Control Severance Benefits. Should the Executive’s 's employment pursuant to this Agreement be terminated by the Company other than by reason of Misconduct at any time other than within the Change in Control Severance Period, then the Executive shall become eligible to receive the severance payments and benefits described below provided that there is compliance with the following requirements (the “"Severance Benefits Conditions”"):
(i) The Executive shall, within twenty-one (21) days (or within forty-five (45) days if such longer period is required under applicable law) following such termination, execute and deliver to the Company a general release in substantially the form attached hereto as Exhibit B which becomes effective in accordance with applicable law following the expiration of any applicable revocation period. This requirement shall hereinafter be referred to as the “"Release Condition.”"
(ii) The Executive shall have complied with, and shall continue to comply with, all of the Executive’s obligations under the PIIA.
(iii) The Executive shall have complied with, and shall continue to comply with the restrictive covenants set forth in Paragraph 4.5Paragraphs 4.5 and 4.6. In the event that the Executive violates his PIIA or elects to engage or otherwise engages in any of the activities precluded by the restrictive covenants set forth in Paragraph 4.5Paragraphs 4.5 or 4.6, the Executive shall not be entitled, after the date of such violation or activity (as the case may be), to receive any payments or benefits under Paragraph 4.3 or Paragraph 4.4. The severance payments and benefits to which the Executive may become entitled under this Paragraph 4.3 shall consist of the following:
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Samples: Employment Agreement (NYTEX Energy Holdings, Inc.), Employment Agreement (NYTEX Energy Holdings, Inc.)
Severance Benefits Upon Involuntary Termination Other Than Change in Control Severance Benefits. Should the Executive’s employment pursuant to this Agreement be terminated by the Company other than by reason of Misconduct at any time other than within the Change in Control Severance Period, then the Executive shall become eligible to receive the severance payments and benefits described below provided that there is compliance with the following requirements (the “Severance Benefits Conditions”):
(i) The Executive shall, within twenty-one (21) days (or within forty-five (45) days if such longer period is required under applicable law) following such termination, execute and deliver to the Company a general release in substantially the form attached hereto as Exhibit B which becomes effective in accordance with applicable law following the expiration of any applicable revocation period. This requirement shall hereinafter be referred to as the “Release Condition.”
(ii) The Executive shall have complied with, and shall continue to comply with, all of the Executive’s obligations under the PIIA.
(iii) The Executive shall have complied with, and shall continue to comply with the restrictive covenants set forth in Paragraph 4.5. In the event that the Executive violates his PIIA or elects to engage or otherwise engages in any of the activities precluded by the restrictive covenants set forth in Paragraph 4.5, the Executive shall not be entitled, after the date of such violation or activity (as the case may be), to receive any payments or benefits under Paragraph 4.3 or Paragraph 4.4. The severance payments and benefits to which the Executive may become entitled under this Paragraph 4.3 shall consist of the following:
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