Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 12, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 13), then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a), the Termination Payment pursuant to Section 9(a).
Appears in 24 contracts
Samples: Key Executive Employment and Severance Agreement, Executive Employment and Severance Agreement (Regal Beloit Corp), Executive Employment and Severance Agreement (Regal Beloit Corp)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 13)Cause, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a13(a), the Termination Payment pursuant to Section 9(a8(a).
Appears in 15 contracts
Samples: Key Executive Employment and Severance Agreement (Midwest Air Group Inc), Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc), Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 13)Cause, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a13(a), the Termination Payment pursuant to Section 9(a8(a).
Appears in 8 contracts
Samples: Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 12, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 13), then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a), the Termination Payment pursuant to Section 9(a)and the Prorated Bonus.
Appears in 6 contracts
Samples: Key Executive Employment and Severance Agreement, Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 13)Cause, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a13(a), the Termination Payment pursuant to Section 9(a8(a).
Appears in 4 contracts
Samples: Key Executive Employment and Severance Agreement (Oshkosh Corp), Executive Employment and Severance Agreement (Oshkosh Corp), Executive Employment and Severance Agreement (Oshkosh Corp)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject Cause, and provided that the Executive signs a full release of claims in form and substance acceptable to the procedures set forth in Section 13)Company, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant covenants of the Executive set forth in Section 14(a)the Confidentiality Agreement, the Termination Payment pursuant to Section 9(a8(a).
Appears in 2 contracts
Samples: Executive Employment and Severance Agreement (Oshkosh Truck Corp), Executive Employment and Severance Agreement (Oshkosh Corp)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 129, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 1310), then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a11(a), the Termination Payment pursuant to Section 9(a6(a).
Appears in 1 contract
Samples: Employment Agreement (Pentair Inc)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject Cause, and provided that the Executive signs a full release of claims in form and substance acceptable to the procedures set forth in Section 13)Company, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant covenants of the Executive set forth in Section 14(a)the Confidentiality Agreement, the Termination Payment pursuant to Section 9(a8(a).
Appears in 1 contract
Samples: Executive Employment and Severance Agreement (Oshkosh Corp)
Termination Giving Rise to a Termination Payment. If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 1211, or (iii) Cause (any such terminations to be subject to the procedures set forth in Section 1312), then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 14(a13(a), the Termination Payment pursuant to Section 9(a8(a).
Appears in 1 contract
Samples: Key Executive Change in Control Agreement (AgFeed Industries, Inc.)