Common use of Termination by Corporation Clause in Contracts

Termination by Corporation. 5.1 If the Executive's employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 of this Restated Agreement.

Appears in 1 contract

Samples: Nexen Inc

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Termination by Corporation. 5.1 6.1 If the Executive's employment is terminated by the Corporation within the twelve thirteen (1213) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 8 of this Restated Agreement.

Appears in 1 contract

Samples: Nexen Inc

Termination by Corporation. 5.1 If the Executive's ’s employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 of this Restated Agreement.. ARTICLE 6

Appears in 1 contract

Samples: Amended and Restated Agreement (Nexen Inc)

Termination by Corporation. 5.1 If the Executive's ’s employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 of this Restated Agreement7.

Appears in 1 contract

Samples: Change of Control Agreement (Nexen Inc)

Termination by Corporation. 5.1 If the Executive's employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 of this Restated Agreement7.

Appears in 1 contract

Samples: Change of Control Agreement (Nexen Inc)

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Termination by Corporation. 5.1 If the Executive's ’s employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, for reason other than Just Cause, death or Disability, the Corporation shall pay to the Executive the remuneration referred to in Article 7 of this Restated Agreement.

Appears in 1 contract

Samples: Agreement Respecting Change of Control (Nexen Inc)

Termination by Corporation. 5.1 If the Executive's ’s employment is terminated by the Corporation within the twelve (12) month period following the Effective Date, Date for reason reasons other than Just Cause, death or Disability, the Corporation shall (or shall cause its Affiliates to) pay to the Executive the remuneration referred to in Article 7 7. The Executive’s employment with the Corporation shall not be deemed to have terminated for purposes of this Restated AgreementSection 5.1 unless and until the Executive has separated from service with the Corporation and all ERISA Affiliates of the Corporation.

Appears in 1 contract

Samples: Change of Control Agreement (Nexen Inc)

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