Common use of Voluntary Termination With Good Reason Clause in Contracts

Voluntary Termination With Good Reason. In any of those events, the Executive (or the Executive’s estate in the event of the Executive’s death) shall be entitled to receive the Standard Termination Benefits. The Standard Termination Benefits are the benefits or amounts described in the following subsections (a) and (b):

Appears in 9 contracts

Samples: Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Priam Properties Inc.)

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Voluntary Termination With Good Reason. In any of those events, the Executive (or the Executive’s estate in the event of the Executive’s death) shall be entitled to receive the Standard Termination BenefitsBenefits in addition to the reimbursement of any expenses as provided above. The Standard Termination Benefits are the benefits or amounts described in the following subsections (a) and (b):

Appears in 3 contracts

Samples: Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Summit Hotel Properties, Inc.), Employment Agreement (Summit Hotel Properties, Inc.)

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