Common use of Termination Not for Cause or for Good Reason Clause in Contracts

Termination Not for Cause or for Good Reason. If the Executive’s employment is terminated during the Period of Agreement by Company not for Cause (and other than due to death or Disability) or by the Executive for Good Reason, the Executive shall, in lieu of any other severance benefits under the Company’s severance plans, be entitled to the following:

Termination Not for Cause or for Good Reason. If If, during the Executive’s employment Term, Executive resigns for Good Reason or is terminated during by the Period of Agreement by Company not for without Cause (and other than due each a “Covered Termination”), Executive will be eligible to death or Disability) or by the Executive for Good Reasonreceive, the Executive shall, in lieu of any other severance benefits under the Company’s severance plans, be entitled to the followingas severance: