Common use of Subsequent Changes Clause in Contracts

Subsequent Changes. Reference herein to the terms or provisions of any compensation, bonus, incentive, private equity, benefit or other arrangement, plan or program in which Executive is participating under this Agreement shall be without regard to any proposed amendment, modification or termination to such arrangement, plan or program made subsequent to the Termination Date which would adversely affect Executive's rights thereunder, and the obligations of NorthWestern hereunder with respect to such arrangement, plan or program shall continue as to Executive (and covered family members and dependants) in full force and effect. In all such cases, if NorthWestern is unable to continue Executive's benefits (including covered family members and dependants) as required, NorthWestern will promptly purchase Equivalent Coverage.

Appears in 5 contracts

Samples: Comprehensive Employment Agreement and Equity Participation Program (Northwestern Corp), Comprehensive Employment Agreement and Equity Participation Program (Northwestern Corp), Comprehensive Employment Agreement and Equity Participation Program (Northwestern Corp)

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Subsequent Changes. Reference herein to the terms or provisions of any compensation, bonus, incentive, private equity, benefit or other arrangement, plan or program in which Executive is participating under this Agreement shall be without regard to any proposed amendment, modification or termination to such arrangement, plan or program made subsequent to the Termination Date which would adversely affect Executive's rights thereunder, and the obligations of NorthWestern hereunder with respect to such arrangement, plan or program shall continue as to Executive (and covered family members and dependants) in full force and effect. In all such cases, if NorthWestern is unable to continue Executive's benefits (including covered family Page 14 members and dependants) as required, NorthWestern will promptly purchase Equivalent Coverage.

Appears in 1 contract

Samples: Northwestern Corp

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Subsequent Changes. Reference herein to the terms or provisions of any compensation, bonus, incentive, private equity, benefit or other arrangement, plan or program in which the Executive is participating under this Agreement shall be without regard to any proposed amendment, modification or termination to such arrangement, plan or program made subsequent to the Termination Date which would adversely affect the Executive's rights thereunder, and the obligations of NorthWestern hereunder with respect to such arrangement, plan or program shall continue as to Executive (and covered family members and dependantsdependents) in full force and effect. In all such cases, if NorthWestern is unable to continue Executive's benefits (including covered family members and dependantsdependents) as required, NorthWestern will promptly purchase Equivalent Coverage.

Appears in 1 contract

Samples: Agreement (Northwestern Corp)

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