Termination of Employment for Any Reason. The following payments will be made upon the Executive’s termination of employment for any reason: (i) Earned but unpaid Base Salary through the date of termination; (ii) Any annual incentive plan bonus, for which the performance measurement period has ended, but which is unpaid at the time of termination; (iii) Any accrued but unpaid vacation; (iv) Any amounts payable under any of the Company’s benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and (v) Unreimbursed business expenses incurred by the Executive on the Company’s behalf.
Appears in 22 contracts
Samples: Employment Agreement (SPX FLOW, Inc.), Employment Agreement (SPX Corp), Employment Agreement (SPX Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s termination of employment for any reason:
(i) Earned but unpaid Base Salary base salary through the date of termination;
(ii) Any annual incentive plan bonus, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s behalf.
Appears in 2 contracts
Samples: Severance Benefit Agreement (SPX Technologies, Inc.), Severance Benefit Agreement (SPX Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s 's termination of employment for any reason:
(i) Earned but unpaid Base Salary through the date of termination;
(ii) Any annual incentive plan bonus, or other form of incentive compensation, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s 's executive benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s 's behalf.
Appears in 2 contracts
Samples: Employment Agreement (Smurfit Stone Container Corp), Employment Agreement (Smurfit Stone Container Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s 's termination of employment for any reason:
(i) Earned but unpaid Base Salary through the date of termination;
(ii) Any annual incentive plan bonus, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s 's benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s 's behalf.
Appears in 1 contract
Samples: Employment Agreement (SPX Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s termination of employment for any reason:
(i) Earned but unpaid Base Salary through the date of termination;
(ii) Any annual incentive plan bonus, or other form of incentive compensation, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s executive benefit plans in accordance with the terms of those plans, except as may be required under the Internal Revenue Code Section 401(a)(13and the rules and regulations thereunder (the “Code); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s behalf.
Appears in 1 contract
Samples: Employment Agreement (Smurfit Stone Container Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s termination of employment for any reason:
(i) Earned but unpaid Base Salary through the date of termination;
(ii) Any annual incentive plan bonus, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13) of the Internal Revenue Code of 1986, as amended (the “Code”); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s behalf.
Appears in 1 contract
Samples: Employment Agreement (SPX Corp)
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s 's termination of employment for any reason:
(i) Earned but unpaid Base Salary base salary through the date of termination;
(ii) Any annual incentive plan bonus, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s 's benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s 's behalf.
Appears in 1 contract
Termination of Employment for Any Reason. The following payments will be made upon the Executive’s termination of employment for any reason:
(i) Earned but unpaid Base Salary through the date of termination;
(ii) Any annual incentive plan bonus, or other form of incentive compensation, for which the performance measurement period has ended, but which is unpaid at the time of termination;
(iii) Any accrued but unpaid vacation;
(iv) Any amounts payable under any of the Company’s executive benefit plans in accordance with the terms of those plans, except as may be required under Code Section 401(a)(13); and
(v) Unreimbursed business expenses incurred by the Executive on the Company’s behalf.
Appears in 1 contract
Samples: Employment Agreement (Smurfit Stone Container Corp)