Common use of Termination by Resignation or Retirement Clause in Contracts

Termination by Resignation or Retirement. If the Executive's employment is terminated by the Executive's resignation or retirement, other than at the written request of the Company or for Good Reason, the Company shall pay the Executive all base salary, when due, through the date of termination at the then current rate in effect at the time the Notice of Termination is given plus all other amounts and benefits to which the Executive is entitled under any compensation plan, or practice of the Company, pension plan, retirement savings plan, equity participation plan, stock purchase plan, medical benefits and other benefits of the Company or provided by law, at the time such payments are due and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 9 contracts

Samples: Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc)

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Termination by Resignation or Retirement. If the Executive's Executive terminates his employment is terminated by the Executive's resignation resigning or retirementretiring, other than at the written request of the Company or for Good Reason, the Company shall pay the Executive all base salary, when due, salary through the date Date of termination Termination at the then current rate in effect at the time the Notice of Termination is given plus given. In addition, the Company shall pay or provide to the Executive all other amounts and benefits to which the Executive is entitled under any compensation plan, plan or practice of the Company, pension plan, retirement savings plan, equity participation plan, stock purchase plan, medical benefits and other benefits of the Company or provided by law, at the time such payments are due and the due. The Company shall have no further obligations to the Executive under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc)

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Termination by Resignation or Retirement. If the Executive's ’s employment is terminated by the Executive's ’s resignation or retirement, other than at the written request of the Company or for Good Reason, the Company shall pay the Executive all base salary, when due, through the date of termination at the then current rate in effect at the time the Notice of Termination is given plus all other amounts and benefits to which the Executive is entitled under any compensation plan, or practice of the Company, pension plan, retirement savings plan, equity participation plan, stock purchase plan, medical benefits and other benefits of the Company or provided by law, at the time such payments are due and the Company shall have no further obligations to the Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Libbey Inc), Employment Agreement (Libbey Inc)

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