Common use of Termination Upon Expiration of Term Clause in Contracts

Termination Upon Expiration of Term. In the event this Agreement expires at the end of the term hereof in accordance with Section 2 and Executive’s employment is terminated by CBI on or after such expiration and termination, Executive shall be entitled to receive the base salary, benefits and AIP owing to Executive as of the Date of Termination, in accordance with the applicable terms and provisions of the employee benefit plans, the AIP and CBI’s policies and practices. Executive’s rights under Equity Incentive Plans and any other similar plans in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans and such other plans (respectively), copies of which have been or will be made available to Executive. CBI shall have no further obligations to Executive under this Agreement.

Appears in 7 contracts

Samples: Agreement (Dr Pepper Snapple Group, Inc.), Agreement (Dr Pepper Snapple Group, Inc.), Agreement (Dr Pepper Snapple Group, Inc.)

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Termination Upon Expiration of Term. In the event this Agreement expires at the end of the term hereof in accordance with Section 2 and Executive’s 's employment is terminated by CBI on or after such expiration and termination, Executive shall be entitled to receive the base salary, benefits and AIP owing to Executive as of the Date of Termination, in accordance with the applicable terms and provisions of the employee benefit plans, the AIP and CBI’s 's policies and practices. Executive’s 's rights under Equity Incentive Plans and any other similar plans in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans and such other plans (respectively), copies of which have been or will be made available to Executive. CBI shall have no further obligations to Executive under this Agreement.

Appears in 2 contracts

Samples: Agreement (Dr Pepper Snapple Group, Inc.), Agreement (Dr Pepper Snapple Group, Inc.)

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Termination Upon Expiration of Term. In the event this Agreement expires at the end of the term hereof in accordance with Section 2 and Executive’s employment is terminated by CBI on or after such expiration and termination, Executive shall be entitled to receive the base salary, benefits and AIP owing to Executive as of the Date of Termination, in accordance with the applicable terms and provisions of the employee benefit plans, the AIP and CBI’s policies and practices. Executive’s rights under Equity Incentive Plans and any other similar plans in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans Plans, and such other plans (respectively), copies of which have been or will be made available to Executive. CBI shall have no further obligations to Executive under this Agreement.

Appears in 1 contract

Samples: Amended and Restated Agreement (Dr Pepper Snapple Group, Inc.)

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