Common use of Severance Compensation and Other Obligations Clause in Contracts

Severance Compensation and Other Obligations. (a) If Employee’s employment is terminated by the Company without Cause or by Employee for Good Reason or by the Company for any reason (other than death or disability) within one year after a Sale of the Company (as hereinafter defined), then, subject to Employee’s continued compliance with the provisions of Section 7 and 8 of this Agreement, the Company shall provide to Employee the following:

Appears in 6 contracts

Samples: Employment Agreement (Team Finance LLC), Employment Agreement (Team Health Holdings LLC), Employment Agreement (Team Finance LLC)

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Severance Compensation and Other Obligations. (a) If Employee’s employment is terminated by the Company without Cause or Cause, by Employee for Good Reason Reason, or by the Company for any reason (other than death or disability) within one year after a Sale of the Company (as hereinafter defined), then, subject to Employee’s continued compliance with the provisions of Section 7 and 8 of this Agreement, and provided Employee has signed a standard release of claims in favor of the Company and its Related Companies, the Company shall provide to Employee the following:

Appears in 4 contracts

Samples: Employment Agreement (Team Health Holdings Inc.), Employment Agreement (Team Health Holdings Inc.), Employment Agreement (Team Health Holdings Inc.)

Severance Compensation and Other Obligations. (a) If Employee’s employment is terminated by the Company without Cause or by Employee for Good Reason or by the Company for any reason (other than death or disability) within one 1 year after of a Sale sale or Change of Control of the Company (as hereinafter defined), then, subject to Employee’s continued compliance with the provisions of Section 7 and 8 of this Agreement, the Company shall provide to Employee the following:

Appears in 2 contracts

Samples: Employment Agreement (Team Finance LLC), Agreement (Team Health Holdings LLC)

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Severance Compensation and Other Obligations. (a) If Employee’s employment is terminated by the Company without Cause or by Employee for Good Reason or by the Company for any reason (other than death or disability) within one year after a Sale of the Company (as hereinafter defined)Reason, then, subject to Employee’s continued compliance with the provisions of Section 7 and 8 of this Agreement, the Company shall provide to Employee the following:

Appears in 2 contracts

Samples: Employment Agreement (Team Finance LLC), Employment Agreement (Erie Shores Emergency Physicians, Inc.)

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