Termination Without Cause or for Good Reason During Post Sample Clauses

Termination Without Cause or for Good Reason During Post. Change --------------------------------------------------------------- Period. In the event of a Termination Without Cause or a Termination ------ for Good Reason for which the Termination Date occurs during a Post- Change Period, the provisions of Section 7.3 shall be inapplicable and, in lieu thereof: (a) Executive shall receive a lump sum equal to his Accrued Base Salary, Accrued Annual Incentive, and Prorated Annual Incentive (determined by reference to the Formula Annual Incentive computed in accordance with Section 8.1(a)); (b) Executive shall receive a lump sum equal to three (3.0) times the sum of (x) his Base Salary in effect during the calendar year preceding the Termination Date and (y) his Formula Annual Incentive (computed in accordance with Section 8.1(a)) determined as of the Termination Date; (c) Executive and his family shall receive for the duration of the Severance Period, a continuation of the benefits described in Section 6.4 to which Executive and his family are entitled as of the Termination Date (or, if such benefits are not available, the economic equivalent thereof) and, upon the expiration of the Severance Period, Executive and his spouse shall be entitled to Post-Retirement Health Care Coverage in accordance with the provisions of Section 7.6; (d) ComEd shall, at its expense, engage a professional outplacement organization which shall provide individual outplacement services to Executive for a period of six months commencing on the Termination Date, subject to extension for an additional period of six months in the sole discretion of ComEd; (e) each of Executive's Options that is exercisable on the Termination Date shall remain exercisable until the applicable Option Expiration Date; (f) each of Executive's Options that is not fully exercisable as of the Termination Date shall immediately become fully exercisable and shall thereafter remain exercisable until the applicable Option Expiration Date; (g) all forfeiture conditions which as of the Termination Date are applicable to any deferred stock unit, restricted stock or restricted share units awarded to Executive by the Company pursuant to the LTIP, a successor plan, or otherwise at any time during the Contract Term shall lapse immediately; and (h) If all or any portion of any of Executive's awards under any other bonus or incentive arrangement under the LTIP shall for any reason be unvested as of the Termination Date, the Company shall pay Executive a benefit equal to the incre...