Common use of Termination of Services and Severance Benefits Clause in Contracts

Termination of Services and Severance Benefits. Notwithstanding the provisions of Section 2 hereof, the Executive’s services hereunder shall terminate prior to the expiration of the term of this Agreement under the circumstances set forth below: The Company and the Executive shall take all steps necessary (including with regard to any post-termination services by the Executive) to ensure that any termination described in this Section 5 constitutes a “separation from service” within the meaning of Code Section 409A.

Appears in 5 contracts

Samples: Employment Agreement (Dominos Pizza Inc), Employment Agreement (Dominos Pizza Inc), Employment Agreement (Dominos Pizza Inc)

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Termination of Services and Severance Benefits. Notwithstanding the provisions of Section 2 hereof, the The Executive’s services hereunder shall terminate prior to the expiration of the term of this Agreement continue until terminated under the circumstances set forth below: The Company and the Executive shall use reasonable efforts to take all steps necessary (including with regard to any post-termination services by the Executive) to ensure that any termination described in this Section 5 constitutes a “separation from service” within the meaning of Code Section 409A.

Appears in 3 contracts

Samples: Employment Agreement (Dominos Pizza Inc), Employment Agreement, Employment Agreement (Dominos Pizza Inc)

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Termination of Services and Severance Benefits. Notwithstanding the provisions of Section 2 hereof, the Executive’s 's services hereunder shall terminate prior to the expiration of the term of this Agreement under the circumstances set forth below: The Company and the Executive shall take all steps necessary (including with regard to any post-termination services by the Executive) to ensure that any termination described in this Section 5 constitutes a "separation from service" within the meaning of Code Section 409A.

Appears in 1 contract

Samples: Employment Agreement (Precision Aerospace Components, Inc.)

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