Common use of Termination Pay Clause in Contracts

Termination Pay. Effective upon the termination of Executive’s employment, Charter will be obligated to pay Executive (or, in the event of Executive’s death, the Executive’s designated beneficiary as defined below) only such compensation as is provided in this Section 5.5 and in Section 4, except to the extent otherwise provided for in any Charter stock incentive or stock option plan, or any Charter cash award plan (including, among others, the 2005 Executive Cash Award Plan), approved by the Board. For purposes of this Section 5.5, Executive’s designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Charter from time to time or, if Executive fails to give notice to Charter of such a beneficiary, Executive’s estate. Notwithstanding the preceding sentence, Charter will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person purporting to act as Executive’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of Executive’s employmentthis Agreement, Charter Employer will be obligated to pay Executive (or, in the event of Executive’s his death, the Executive’s his designated beneficiary as defined below) only such compensation as is provided in this Section 5.5 6.5, and in Section 4lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, except to the extent otherwise provided for in any Charter stock incentive or stock option planas an employee, or any Charter cash award plan (including, among others, the 2005 Executive Cash Award Plan), approved by the Boardunder this agreement. For purposes of this Section 5.56.5, Executive’s 's designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Charter Employer from time to time or, if Executive fails to give notice to Charter Employer of such a beneficiary, Executive’s 's estate. Notwithstanding the preceding sentence, Charter Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive’s 's personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of Executive’s employmentTermination Date, Charter Employer will be obligated to pay Executive (or, in the event of Executive’s his death, the Executive’s his designated beneficiary as defined below) only such compensation as is provided in this Section 5.5 6.3, and in Section 4, except settlement and complete release (in a form mutually acceptable to the extent otherwise provided for in any Charter stock incentive or stock option plan, or any Charter cash award plan (including, among others, the 2005 parties) of all claims Executive Cash Award Plan), approved by the Boardmay have against Employer. For purposes of this Section 5.56.3, Executive’s designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Charter Employer from time to time or, if Executive fails to give notice to Charter Employer of such a beneficiary, Executive’s estate. Notwithstanding the preceding sentence, Charter Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of Executive’s employmentthis Agreement, Charter Employer will be obligated to pay Executive (or, in the event of Executive’s his death, the Executive’s his designated beneficiary as defined below) only such compensation as is provided in this Section 5.5 6.5, and in Section 4lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, except to the extent otherwise provided for in any Charter stock incentive or stock option planas an employee, or any Charter cash award plan (including, among others, the 2005 Executive Cash Award Plan), approved by the Boardunder this agreement. For purposes of this Section 5.56.5, Executive’s designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Charter Employer from time to time or, if Executive fails to give notice to Charter Employer of such a beneficiary, Executive’s estate. Notwithstanding the preceding sentence, Charter Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination of Executive’s employmentthis Agreement, Charter Employer will be obligated to pay Executive (or, in the event of Executive’s his death, the Executive’s his designated beneficiary as defined below) only such compensation as is provided in this Section 5.5 6.5, and in Section 4lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer for any amounts due and owing to Executive, except to the extent otherwise provided for in any Charter stock incentive or stock option planas an employee, or any Charter cash award plan (including, among others, the 2005 Executive Cash Award Plan), approved by the Boardunder this agreement. For purposes of this Section 5.5, 6.5. Executive’s 's designated beneficiary will be such individual beneficiary or trust, located at such address, as Executive may designate by notice to Charter Employer from time to time or, if Executive fails to give notice to Charter Employer of such a beneficiary, Executive’s 's estate. Notwithstanding the preceding sentence, Charter Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive’s 's personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.

Termination Pay. Effective upon the termination Date of Executive’s employmentTermination, Charter Employer will be obligated to pay Executive (or, in the event of Executive’s her death, the Executive’s her designated beneficiary as defined below) only such compensation as is provided for in this Section 5.5 5.4, and in Section 4lieu of all other amounts and in settlement and complete release of all claims Executive may have against Employer, except other than with respect to the extent otherwise provided for in any Charter stock incentive or stock option plan, or any Charter cash award plan (including, among others, the 2005 Executive Cash Award Plan), approved by the Boardrights to be indemnified. For purposes of this Section 5.55.4, Executive’s designated beneficiary will be such individual beneficiary or trust, located at such address, trust as Executive may designate by notice to Charter from time to time or, if by written notice that is provided to Employer prior to the death of Executive. If Executive fails to give written notice to Charter Employer of such a beneficiary, the beneficiary shall be Executive’s estate. Notwithstanding the preceding sentence, Charter will Employer shall have no duty, in any circumstances, to attempt to open an estate on behalf of Executive, to determine whether any beneficiary designated by Executive is alive or to ascertain the address of any such beneficiary, to determine the existence of any trust, to determine whether any person or entity purporting to act as Executive’s personal representative (or the trustee of a trust established by Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.