Termination of the Term. If Executive’s employment terminates on the expiration of the Term as provided in Section 5, then Executive shall be entitled to the Accrued Obligations and the Accrued Bonus, if any.
Appears in 2 contracts
Samples: Transition and General Release Agreement (Aerojet Rocketdyne Holdings, Inc.), Employment Agreement (Gencorp Inc)
Termination of the Term. If Executive’s employment terminates on pursuant to written notice by the expiration Company of its intention not to renew the Term term as provided in Section 5, then Executive shall be entitled to the Accrued Obligations and the Accrued Bonus, if anypayments set forth in 7(c) above.
Appears in 2 contracts
Samples: Employment Agreement (Aerojet Rocketdyne Holdings, Inc.), Employment Agreement (Aerojet Rocketdyne Holdings, Inc.)
Termination of the Term. If Executive’s employment terminates on the expiration upon non-extension of the Term by the Board as provided in Section 56(c), then Executive shall be entitled to the Accrued Obligations and the Accrued BonusObligations, if any.
Appears in 1 contract
Termination of the Term. If Executive’s employment terminates on the expiration of the Term as provided in Section 5, and the Executive is age 65 or older on the date of expiration of the Term, then Executive shall only be entitled to the Accrued Obligations and the Accrued Bonus, if anyObligations.
Appears in 1 contract