Common use of Termination Due to Retirement, Disability, or Death Clause in Contracts

Termination Due to Retirement, Disability, or Death. If Executive’s employment is terminated due to Retirement, Disability, or death while this Agreement remains in effect (whether before or after the occurrence of a Change of Control), neither Executive nor Executive’s Beneficiaries will be entitled to Severance Benefits or Change of Control Severance Benefits under either of Sections 1 or 2 but Executive or Executive’s Beneficiaries, as appropriate, will be entitled to the payments provided for in Section 3 and to such benefits as may be provided under the terms of the Company’s disability, retirement, survivor’s benefits, insurance, and other applicable plans and programs of the Company then in effect.

Appears in 3 contracts

Samples: Severance Agreement (Jo-Ann Stores Inc), Severance Agreement (Jo-Ann Stores Inc), Severance Agreement (Jo-Ann Stores Inc)

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Termination Due to Retirement, Disability, or Death. If Executive’s employment is terminated due to Retirement, Disability, or death while this Agreement remains in effect (whether before or after the occurrence of a Change of Control), neither Executive nor Executive’s Beneficiaries will be entitled to Severance Benefits or Change of Control Severance Benefits under either of Sections 1 or 2 but Executive or Executive’s Beneficiaries, as appropriate, will be entitled to the payments provided for in Section 3 and 3and to such benefits as may be provided under the terms of the Company’s disability, retirement, survivor’s benefits, insurance, and other applicable plans and programs of the Company then in effect.

Appears in 3 contracts

Samples: Severance Agreement (Jo-Ann Stores Inc), Severance Agreement (Jo-Ann Stores Inc), Severance Agreement (Jo-Ann Stores Inc)

Termination Due to Retirement, Disability, or Death. If Executive’s 's employment is terminated due to Retirement, Disability, or death while this Agreement remains in effect (whether before or after the occurrence of a Change of Control), neither Executive nor Executive’s 's Beneficiaries will be entitled to Severance Benefits or Change of Control Severance Benefits under either of Sections 1 or 2 but Executive or Executive’s 's Beneficiaries, as appropriate, will be entitled to the payments provided for in Section 3 and to such benefits as may be provided under the terms of the Company’s 's disability, retirement, survivor’s 's benefits, insurance, and other applicable plans and programs of the Company then in effect.

Appears in 1 contract

Samples: Employment Agreement (Jo-Ann Stores Inc)

Termination Due to Retirement, Disability, or Death. If Executive’s 's employment is terminated due to Retirement, Disability, or death while this Agreement remains in effect (whether before or after the occurrence of a Change of Control), neither Executive nor Executive’s 's Beneficiaries will be entitled to Severance Benefits or Change of Control Severance Benefits under either of Sections 1 or 2 but Executive or Executive’s 's Beneficiaries, as appropriate, will be entitled to the payments provided for in Section 3 2(e) and to such benefits as may be provided under the terms of the Company’s 's disability, retirement, survivor’s 's benefits, insurance, and other applicable plans and programs of the Company then in effect.

Appears in 1 contract

Samples: Employment Agreement (Jo-Ann Stores Inc)

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Termination Due to Retirement, Disability, or Death. If Executive’s employment is terminated due to Retirement, Disability, or death while this Agreement remains in effect (whether before or after the occurrence of a Change of Control), neither Executive nor Executive’s Beneficiaries will be entitled to Severance Benefits or Change of Control Severance Benefits under either of Sections 1 or 2 but Executive or Executive’s Beneficiaries, as appropriate, will be entitled to the payments provided for in Section 3 2(e) and to such benefits as may be provided under the terms of the Company’s disability, retirement, survivor’s benefits, insurance, and other applicable plans and programs of the Company then in effect.

Appears in 1 contract

Samples: Severance Agreement (Jo-Ann Stores Inc)

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