Examples of Outplacement Benefits in a sentence
You must sign and return the Release, and the Release must become effective, irrevocable and enforceable, in order to be eligible to receive the payments and benefits described in Section III.C (Severance Pay), Section III.D (VIP Vesting), Section III.E (Stock Options and SARs), Section III.F (Restricted Stock Units), Section III.G (Performance Shares), and Section III.H (Outplacement Benefits).
In addition, the Executive will be provided with Outplacement Benefits commensurate with those provided to other executives of the Company through a vendor selected by the Company.
Use of Outplacement Benefits must begin within two months of termination, will be paid directly by the Employer, and will continue in accordance with the following schedule: COORDINATION WITH SHORT-TERM DISABILITY OR OTHER APPROVED LEAVES OF ABSENCES If an Eligible Employee is on an approved leave of absence at the time of termination, the timing and amount of Severance Pay will depend on whether the Eligible Employee is receiving other forms of income protection.
Separation Pay payable under this Plan and Outplacement Benefits provided under this Plan shall constitute an unfunded obligation of the Employer.
An Employee who has met the requirements of Section 3.1 shall at the Company's discretion be entitled to receive the Outplacement Benefits described in this Article 4.
Outplacement Benefits A total of 3 months to be used within six months of Termination Date.
Notwithstanding the foregoing, Executive reserves all rights relating to the Lump Sum Payment, the Continued Medical, Dental and Basic Life Benefits, the Outplacement Benefits, the Legal Fee Benefit and any rights through the Employment Resignation Date as an officer of Pliant under Pliant's statutory and contractual officer and director indemnification obligations.
The benefits provided under the Plan include the following: (a) Cash Severance Benefits, (b) Medical/Dental Premium Assistance Benefits, and (c) Outplacement Benefits.
If you elect to receive executive outplacement services, payment of up to $25,000 to the company with which Nexen currently contracts in Calgary, Alberta to provide such services to its employees (the "Outplacement Benefits").
The benefits provided under the Plan include the following: (a) a Cash Severance Benefit, (b) Medical Plan Benefits, (c) Outplacement Benefits, and (d) a Relocation Benefit, each as described below.