Common use of Termination During the Protected Period Clause in Contracts

Termination During the Protected Period. The provisions of this Paragraph 4(b) shall apply on and after the Protected Period Effective Date (defined below) and shall remain in effect during the Protected Period, and payments and benefits provided under this Paragraph 4(b) shall be in lieu of any payment or benefit provided under Paragraph 4(a). If Executive’s employment terminates after the Protected Period Effective Date, the following shall apply:

Appears in 4 contracts

Samples: Executive Agreement (Huttig Building Products Inc), Amended and Restated Executive Agreement (Huttig Building Products Inc), Amended and Restated Executive Agreement (Huttig Building Products Inc)

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Termination During the Protected Period. The provisions of this Paragraph 4(b) shall apply on and after the Protected Period Effective Date (defined below) and shall remain in effect during the Protected Period, and payments and benefits provided under this Paragraph 4(b) shall be in lieu of any payment or benefit provided under Paragraph 4(a). If Executive’s employment terminates after the Protected Period Effective DateDate and during the Protected Period, the following shall apply:

Appears in 2 contracts

Samples: Executive Agreement (Huttig Building Products Inc), Executive Agreement (Huttig Building Products Inc)

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