Termination of Other Benefits. Except as required by law, this Agreement, or under the Company’s benefit plans, Employee’s participation in all Company benefits and benefit plans shall cease on the Separation Date.
Termination of Other Benefits. Consultant acknowledges that her other fringe benefits provided to her as an employee will terminate on the Effective Date, and that the Company will be providing her additional information regarding the termination of those benefits.
Termination of Other Benefits. (i) ASPEN currently maintains a key man life insurance policy on XXXXXX'X life as required pursuant to Section 2.1 of the Stock Purchase Agreement dated June 4, 1993. XXXXXX agrees that ASPEN shall allow the current key man policy on XXXXXX'X life to expire of its own terms, and ASPEN shall not be obligated to purchase a new policy due to the excessive costs involved.
Termination of Other Benefits. The value of the Participant’s Award of Restricted Stock Units is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.
Termination of Other Benefits. In addition to the rights of the Bank set forth in subsection (c) of this Section 6, in the event that Xx. Xxxxxxx shall violate the terms and conditions of subsections (a) or (b) of this Section 6, the Company, the Bank and their affiliates may terminate any payments or benefits of any type and regardless of source payable by the Company or the Bank, if applicable (including those set forth in Section 4 hereof), to Xx. Xxxxxxx, other than with respect to payments or benefits to Xx. Xxxxxxx under plans or arrangements that are covered by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or under the SERP.
Termination of Other Benefits. Except as explained below, the Executive's current participation levels and eligibility to participate in any and all Corporation or its affiliates' benefit plans and programs shall cease as of the Retirement Date.
Termination of Other Benefits. Except as set forth in this Agreement, all of Executive’s rights to benefits and bonuses, except as required by law (such as COBRA) or any applicable benefit plan, shall cease upon termination of the Employment Period.
Termination of Other Benefits. To the extent Employee is a participant in any Employer sponsored bonus or benefits plan in addition to those identified above, the Employee’s participation in any benefits plan will be governed by the terms of the applicable employee benefits plan, and will terminate on the Effective Date unless a particular benefits plan, applicable law, or this Agreement provides otherwise.
Termination of Other Benefits. Except as provided in Attachment A, I understand that my eligibility for coverage under benefit plans of Santander, as may be applicable, will end on my Termination Date. I understand that, to the extent provided for under the terms of certain benefit plans, my benefits may continue, depending on my eligibility to continue such benefits at my own expense pursuant to applicable federal and state law. The terms of any benefit continuation to which I may be eligible are outlined in Santander’s Severance Benefits and Payroll Guide provided to me in connection with my termination. I also understand and acknowledge that I will receive, on or after my Termination Date, depending on applicable state law, all final wages and unused accrued paid time off (PTO) for the current year, in one lump-sum payment. Continuation of benefits, other than as provided for in Attachment A, and receipt of final wages and unused accrued PTO are not conditioned upon my executing this Agreement.
Termination of Other Benefits. In addition to the rights of the Bank set forth in subsection (f) of this Section 5, in the event that Xx. Xxxxxxx shall violate the terms and conditions of subsections (a), (b), (c), (d) or (e) of this Section 5, the Company, the Bank and their subsidiaries and affiliates may terminate any payments or benefits of any type and regardless of source payable by the Company or its subsidiaries or affiliates, if applicable (including those set forth in Section 3 hereof), to Xx. Xxxxxxx, other than with respect to payments or benefits to Xx. Xxxxxxx under plans or arrangements that are covered by the Employee Retirement Income Security Act of 1974, as amended ("ERISA").
