Common use of Severance Plan Clause in Contracts

Severance Plan. The Executive shall be eligible to participate in the Parent’s Executive Severance Plan, details of which are available on application to the Chairperson of the Compensation Committee of the Parent Board, subject to the terms and conditions of such plan as may be amended from time to time by the Parent. For the avoidance of doubt, any payment under such plan shall not form part of the Executive’s remuneration for the purposes of the Employment.

Appears in 2 contracts

Samples: Agreement (Smurfit WestRock PLC), Smurfit WestRock PLC

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Severance Plan. 13.1 The Executive shall be eligible to participate in the Parent’s 's Executive Severance Plan, details of which are available on application to the Chairperson of the Compensation Committee of the Parent Board, subject to the terms and conditions of such plan as may be amended from time to time by the Parent. For the avoidance of doubt, any payment under such plan shall not form part of the Executive’s 's remuneration for the purposes of the Employment.

Appears in 2 contracts

Samples: Agreement (Smurfit WestRock LTD), Smurfit WestRock PLC

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Severance Plan. The Executive shall be eligible to participate in the Parent’s 's Executive Severance Plan, details of which are available on application to the Chairperson of the Compensation Committee of the Parent Board, subject to the terms and conditions of such plan as may be amended from time to time by the Parent. For the avoidance of doubt, any payment under such plan shall not form part of the Executive’s 's remuneration for the purposes of the Employment.

Appears in 2 contracts

Samples: Agreement (Smurfit WestRock LTD), Smurfit WestRock LTD

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