Common use of Termination With Severance Pay Clause in Contracts

Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Change in Control Severance under Section 7, whichever is applicable.

Appears in 10 contracts

Samples: Employment Agreement (Choiceone Financial Services Inc), Employment Agreement (Choiceone Financial Services Inc), Employment Agreement (Chemical Financial Corp)

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Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation Company or any Affiliate after termination of the Employment as permitted by this Section 55(b), except (A) Vested Rights; and unpaid salary installments through the end of the week in which the Employment terminates, (B) any vested benefits accrued before the termination of Employment under the terms of any written Company policy or benefit program, and (C) any Severance Pay to which Executive is entitled under this Section 6 or the Change in Control Severance under Section 7, whichever is applicable5(b).

Appears in 9 contracts

Samples: Employment Agreement (SpartanNash Co), Employment Agreement (SpartanNash Co), Employment Agreement (SpartanNash Co)

Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Change in Control Severance Cash Payment under Section 7, whichever is applicable.

Appears in 8 contracts

Samples: Employment Agreement (Southern Michigan Bancorp Inc), Employment Agreement (Southern Michigan Bancorp Inc), Employment Agreement (Southern Michigan Bancorp Inc)

Termination With Severance Pay. Executive shall will not be entitled to any further compensation employment-related compensation, payments or benefit coverage from the Corporation Company or any Affiliate after termination of the Executive’s Employment as permitted by pursuant to this Section 5, except (A) Vested Rights; for payments and (B) benefit coverage as provided in Section 6 and Severance Pay under Section 6 or as provided in and subject to the Change in Control Severance under terms of Section 7, whichever is applicable.

Appears in 4 contracts

Samples: Employment Agreement (Hagerty, Inc.), Employment Agreement (Hagerty, Inc.), Employment Agreement (Hagerty, Inc.)

Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation Company or any Affiliate after termination of the Employment as permitted by this Section 55(b), except (A) Vested Rights; and unpaid salary installments through the end of the week in which the Employment terminates, (B) any vested benefits accrued before the termination of Employment under the terms of any written Company policy or benefit program, (C) any Severance Pay to which Executive is entitled under this Section 6 or the Change in Control Severance under Section 7, whichever is applicable5(b).

Appears in 3 contracts

Samples: Employment Agreement (Spartan Stores Inc), Employment Agreement (Spartan Stores Inc), Employment Agreement (Spartan Stores Inc)

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Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation Company or any Affiliate after termination of the Employment as permitted by this Section 55(b), except (A) Vested Rights; and unpaid salary installments through the end of the week in which the Employment terminates, (B) any vested benefits accrued before the termination of Employment under the terms of any written Company policy or benefit program, (C) any Severance Pay to which Executive is entitled under Section 6 or the Change in Control Severance under Section 7, whichever is applicablethis subsection 5(b).

Appears in 2 contracts

Samples: Employment Agreement (Spartan Stores Inc), Employment Agreement (Spartan Stores Inc)

Termination With Severance Pay. Executive shall not be entitled to any further compensation from the Corporation Company or any Affiliate after termination of the Employment as permitted by this Section 54(b), except (A) Vested Rights; and unpaid salary installments through the end of the week in which the Employment terminates, (B) any vested benefits accrued before the termination of Employment under the terms of any written Company policy or benefit program, and (C) any Severance Pay to which Executive is entitled under Section 6 or the Change in Control Severance under Section 7, whichever is applicable5.

Appears in 1 contract

Samples: Employment Agreement (Spartan Stores Inc)

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