Common use of Termination of Benefits Clause in Contracts

Termination of Benefits. Notwithstanding any provisions in this Agreement to the contrary, all rights to receive or continue to receive severance payments and benefits under this section 2 shall cease on the earliest of: (i) the date Executive breaches any of the covenants in the separation and release agreement described in section 2(e); or (ii) the date Executive becomes reemployed by Company or any of its subsidiaries or affiliates.

Appears in 33 contracts

Samples: Severance/Change in Control Agreement (Hanesbrands Inc.), Severance/Change in Control Agreement (Hanesbrands Inc.), Severance/Change in Control Agreement (Hanesbrands Inc.)

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Termination of Benefits. Notwithstanding any provisions in this Agreement to the contrary, all rights to receive or continue to receive severance payments and benefits under this section 2 shall cease on the earliest of: (i) the date Executive becomes eligible to receive benefits under the Retirement Plan on or after attaining the normal retirement age under such plan; (ii) the date Executive breaches any of the covenants in the separation Separation Agreement and release agreement described in section 2(e)Release; or (iiiii) the date Executive becomes reemployed by Company or any of its subsidiaries or affiliates.

Appears in 1 contract

Samples: Severance Agreement (Hanesbrands Inc.)

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