Examples of Covered Resignation in a sentence
Any such termination which occurs within the thirty (30) day period following the first anniversary of the occurrence of a Change in Control shall constitute a resignation which entitles you to receive benefits under this Agreement (a "Covered Resignation").
This Section I(c) applies in the event your employment with the Company is terminated as a result of (i) your death, Disability or Retirement, (ii) a Termination Other Than For Cause, (iii) a Termination For Good Reason, or (iv) a Termination Upon a Change in Control (including a Covered Resignation).
Any such termination which occurs within the thirty (30)-day period following the first anniversary of the occurrence of a Change in Control (a "Covered Resignation") shall constitute a resignation which entitles you to receive benefits under this Agreement.
Officer may terminate his employment hereunder at any time (i) for Good Reason (subject to Corporation’s opportunity to cure, if applicable, the circumstance(s) giving rise to Good Reason in the time period set forth in Section 2(a)(iii)), or (ii) pursuant to a Covered Resignation, or (iii) pursuant to a Voluntary Termination or upon thirty (30) days’ written Notice of Termination to Corporation, in the event of Officer’s Disability.
This Section 3(c) applies in the event your employment with the Corporation is terminated as a result of (i) your death, Disability or Retirement, (ii) a Termination Other Than For Cause, (iii) a Termination For Good Reason, or (iv) a Termination Upon a Change in Control (including a Covered Resignation).
The payments to be made to Executive upon a Covered Termination or Covered Resignation are in addition to the payments made to employees by Americas upon termination in the ordinary course, such as reimbursement for business expenses and vacation pay through the date of termination.
The entire principal amount of this Note and all accrued interest shall be forgiven upon a Covered Termination (as defined below) or upon a Covered Resignation (as defined below).
In exchange for Americas providing the above described benefits to Executive, Executive agrees that prior to receiving any severance compensation from Americas in respect of such Covered Termination or Covered Resignation, whether under this Agreement or otherwise, Executive will execute and deliver to Americas a Release and a Confidentiality Agreement, each substantially in the form provided to Executive with this Agreement.
If at any time prior to the date your Units become fully vested in accordance with Section 1(a), your employment with the Company is terminated as a result of (i) your death or Disability), (ii) a Termination Other Than For Cause (iii) a Termination For Good Reason, or (iv) a Termination Upon a Change in Control (including a Covered Resignation), your Units (to the extent then outstanding and otherwise unvested) shall fully vest immediately upon such termination of employment.