Common use of When Compensation and Benefits Payable Clause in Contracts

When Compensation and Benefits Payable. Upon the occurrence of both: (i) a Change in Control of the Corporation; and (ii) the termination of the Executive’s employment by the Corporation without Cause or by the Executive for Good Reason, as contemplated by the terms of this Agreement, the provisions of Section 5.0 hereof in respect of the compensation and benefits payable, as applicable, shall apply.

Appears in 4 contracts

Samples: Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp)

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When Compensation and Benefits Payable. Upon the occurrence of both: both (i) a Change in Control of the Corporation; Corporation and (ii) the termination of the Executive’s employment by the Corporation without Cause or by the Executive for Good Reason, Reason as contemplated by the terms of this Agreement, the provisions of Section 5.0 hereof in respect of the compensation and benefits payable, as applicable, shall apply.

Appears in 3 contracts

Samples: Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp), Change in Control Agreement (Encana Corp)

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When Compensation and Benefits Payable. Upon the occurrence of both: both (i) a Change in Control of the Corporation; Corporation and (ii) the termination of the Executive’s 's employment by the Corporation without Cause or by the Executive for Good Reason, as contemplated by Disability in accordance with the terms of this Agreement, the provisions of Section 5.0 6.0 hereof in respect of the compensation and benefits payable, as applicable, shall apply.

Appears in 1 contract

Samples: Control Agreement (Fairmont Hotels & Resorts Inc)

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