Common use of Voluntary Resignation Severance Benefits Clause in Contracts

Voluntary Resignation Severance Benefits. (A) Base Compensation shall cease on the Termination Date. Executive shall not be entitled to any further payment pursuant to the Short Term Plan or the Long Term Cash Plan following termination. (B) All medical and health benefits shall cease on the Termination Date, except as specified in any then existing Executive Retiree Medical Benefit Plan for which Executive qualifies. All Company 401(k) Plan benefits, Elective Deferred Compensation Plan benefits and other benefits not specifically addressed in this Agreement shall be treated in accordance with the terms of such plans and benefits. (C) Stock options will cease to vest on the Termination Date and will be cancelled ninety (90) days after the Termination Date (unless they are exercised or expire pursuant to their terms before cancellation). RSUs will be cancelled on the Termination Date.

Voluntary Resignation Severance Benefits. (A) Base Compensation shall cease on the Termination Date. Executive shall not be entitled to any further payment pursuant to the Short Short-Term Plan Program or the Long Long-Term Cash Plan Program following termination. (B) All medical and health benefits shall cease on the Termination Date, except as specified in any then existing Executive Retiree Medical Benefit Health Plan for which Executive qualifies. All Company 401(k) Plan benefits, Elective Deferred Compensation Plan benefits and other benefits not specifically addressed in this Agreement shall be treated in accordance with the terms of such plans and benefits. (C) Stock options will cease to vest on the Termination Date and will be cancelled ninety (90) days after the Termination Date (unless they are exercised or expire pursuant to their terms before cancellation). RSUs (whether mPRSUs, PRSUs or otherwise) will be cancelled on the Termination Date.

Voluntary Resignation Severance Benefits. (A) Base Compensation shall cease on the Termination Date. Executive shall not be entitled to any further payment pursuant to the Short Term Plan Program or the Long Term Cash Plan Program following termination. (B) All medical and health benefits shall cease on the Termination Date, except as specified in any then existing Executive Retiree Medical Benefit Health Plan for which Executive qualifies. All Company 401(k) Plan benefits, Elective Deferred Compensation Plan benefits and other benefits not specifically addressed in this Agreement shall be treated in accordance with the terms of such plans and benefits. (C) Stock options will cease to vest on the Termination Date and will be cancelled ninety (90) days after the Termination Date (unless they are exercised or expire pursuant to their terms before cancellation). RSUs (whether mPRSUs, PRSUs or otherwise) will be cancelled on the Termination Date.

Voluntary Resignation Severance Benefits. (A) Base Compensation shall cease on the Termination Date. Executive Vice Chairman shall not be entitled to any further payment pursuant to the Short Term Plan or the 2011/2012 Long Term Cash Plan following termination. (B) All medical and health benefits shall cease on the Termination Date, except as specified in any then existing Executive Retiree Medical Benefit Plan for which Executive Vice Chairman qualifies. All Company 401(k) Plan benefits, Elective Deferred Compensation Plan benefits and other benefits not specifically addressed in this Agreement shall be treated in accordance with the terms of such plans and benefits. (C) Stock options will cease to vest on the Termination Date and will be cancelled ninety (90) days after the Termination Date (unless they are exercised or expire pursuant to their terms before cancellation). RSUs will be cancelled on the Termination Date.

Voluntary Resignation Severance Benefits. (A) Base Compensation shall cease on the Termination Date. Executive shall not be entitled to any further payment pursuant to the Short Term Plan or the Long Term Cash Plan following termination. (B) All medical and health benefits shall cease on the Termination Date, except as specified in any then existing Executive Retiree Medical Benefit Plan for which Executive qualifies. All Company 401(k) Plan benefits, Elective Deferred Compensation Plan benefits and other benefits not specifically addressed in this Agreement shall be treated in accordance with the terms of such plans and benefits. (C) Stock options will cease to vest on the Termination Date and will be cancelled ninety (90) days after the Termination Date (unless they are exercised or expire pursuant to their terms before cancellation). RSUs will be cancelled on the Termination Date. (D) The provisions of Exhibit B relative to Voluntary Resignation also will apply.