Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following: (i) The Executive LTIP shall be governed by the terms of the applicable LTIP Award Agreements. (ii) The Company shall pay Executive the amounts described in Section 5(d) within 14 days of the date of termination. For purposes of this Agreement, Executive’s retirement shall be considered Executive’s resignation from the Company without Good Reason.
Appears in 7 contracts
Samples: Employment Agreement (Mirant Americas Generating LLC), Employment Agreement (Mirant Corp), Employment Agreement (Mirant Corp)
Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the applicable LTIP Award Agreements.
(ii) The Company shall pay Executive the amounts described in Section 5(d5(e) within 14 days of after the date of terminationtermination of Executive’s employment. For purposes of this Agreement, Executive’s retirement shall be considered Executive’s resignation from the Company without Good Reason.
Appears in 4 contracts
Samples: Employment Agreement (Mirant Corp), Employment Agreement (Mirant Corp), Employment Agreement (Mirant Corp)
Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the any applicable LTIP Award AgreementsAgreement(s).
(ii) The Company shall pay Executive the amounts described in Section 5(d) within 14 days of the date of termination. For purposes of this Agreement, Executive’s voluntary resignation or retirement shall be considered Executive’s resignation from the Company without Good Reason.
Appears in 4 contracts
Samples: Employment Agreement (Rentech Inc /Co/), Employment Agreement (Rentech Inc /Co/), Employment Agreement (Rentech Inc /Co/)
Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the applicable LTIP Award Agreements.
(ii) The Company shall pay Executive the amounts described in Section 5(d6(d) within 14 days of the date of termination. For purposes of this Agreement, Executive’s retirement shall be considered Executive’s resignation from the Company without Good Reason.
Appears in 1 contract
Samples: Employment Agreement (Mirant Corp)
Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board Company for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the any applicable LTIP Award AgreementsAgreement(s).
(ii) The Company shall pay Executive the amounts described in Section 5(d) within 14 days of the date of termination. For purposes of this Agreement, Executive’s voluntary resignation or retirement shall be considered Executive’s resignation from the Company without Good Reason.
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Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the applicable LTIP Award Agreements.
(ii) The Company shall pay Executive the amounts described in Section 5(d6(e) within 14 days of after the date of terminationtermination of Executive’s employment. For purposes of this Agreement, Executive’s retirement shall be considered Executive’s resignation from the Company without Good Reason.
Appears in 1 contract
Samples: Employment Agreement (Mirant Corp)
Termination for Cause or Voluntary Resignation. In the event that Executive’s employment with the Company is terminated (i) by the Board for Cause or (ii) by Executive’s resignation from the Company for any reason other than Good Reason or Disability (as defined herein), subject to applicable law, the Company agrees to the following:
(i) The Executive LTIP shall be governed by the terms of the any applicable LTIP Award Agreements.Agreement(s); and
(ii) The Company shall pay Executive the amounts described in Section 5(d) within 14 days of the date of termination. For purposes of this Agreement, Executive’s voluntary resignation or retirement shall be considered Executive’s resignation from the Company without Good Reason.
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