Common Contracts
2 similar Employment Agreement contracts by Lennox International Inc
COMPANY LETTERHEAD]Employment Agreement • December 11th, 2023 • Lennox International Inc • Air-cond & warm air heatg equip & comm & indl refrig equip
As a key employee, essential to the company’s future profitability, growth, and financial strength, Lennox International Inc. is providing you with this letter agreement (including exhibits) in order to establish the material terms of your employment with Lennox (the “Agreement”). The specific commitments of you and Lennox that are set forth in this Agreement are intended as consideration to induce each party to enter into the Agreement. Each party agrees that this consideration is adequate for those commitments.
LENNOX INTERNATIONAL INC. EMPLOYMENT AGREEMENTEmployment Agreement • March 23rd, 2022 • Lennox International Inc • Air-cond & warm air heatg equip & comm & indl refrig equip • Texas
lump sum on the date six months, two days after the date of termination. In addition, Lennox agrees to pay to the Employee, on the date six months, two days after the date of termination, in a lump sum, the total of any short-term bonus payments actually paid to the Employee over the twelve (12) month period prior to the date of termination, if the termination occurs within the first three years of the Employee’s employment or if it occurs thereafter, over the twenty-four (24) month period. The severance payments will be paid in accordance with the regular payroll policies of Lennox then in effect and each installment will be subject to regular payroll deductions and all applicable taxes.
