Separation Benefits Plan definition
Examples of Separation Benefits Plan in a sentence
Except as otherwise approved by the Board, the provisions of this Section 6 shall supersede in their entirety any severance payment provisions in any severance plan, policy, program, or other arrangement maintained by the Company, including without limitation, the Company’s Amended and Restated Change in Control Separation Benefits Plan (the “Change in Control Plan”).
Any severance benefits payable under this Agreement shall be in lieu of any other severance benefits that you may have otherwise been eligible to receive from ProQuest Company or its affiliates under the ProQuest Company Separation Benefits Plan or otherwise.
Finally, if an IPO of the Business occurs prior to December 31, 2009, and you are an employee of the Business after the Transformation Closing Date, you will also remain eligible for benefits under the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Change In Control Separation Benefits Plan (“BMS CIC Plan”), provided benefits under the BMS CIC Plan are available to similarly situated employees at your grade level or its equivalency at ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company.
Any severance benefits payable under this Agreement shall be in lieu of any other severance benefits that you may have otherwise been eligible to receive from the Company or its affiliates under the Company Separation Benefits Plan or otherwise.
The Parties acknowledge and agree that neither the Distribution nor any other transaction contemplated by the Separation Agreement or this Agreement shall (i) constitute or be deemed to constitute a “change in control” or similar corporate transaction impacting the vesting or payment of any amounts or benefits for purposes of any HHH Benefit Arrangement or Seaport Entertainment Benefit Arrangement, or (ii) trigger any benefits under the ▇▇▇▇▇▇ ▇▇▇▇▇▇ Management Co., LLC Separation Benefits Plan.
Dear ▇▇▇: This letter agreement (this “Letter Agreement”) relates to the Separation Benefits Plan (and Summary Plan Description) of Waste Connections US, Inc., a Delaware corporation (the “Company”), effective July 24, 2018 (the “Plan”).
Benefits payable under this Agreement shall be in lieu of any other severance benefits that you may have otherwise been eligible to receive from the Company or its affiliates under the Company Separation Benefits Plan or otherwise.
Severance benefits payable under Section 4 of this Agreement shall be in lieu of any other severance benefits that you may have otherwise been eligible to receive from the Company or its affiliates under the Company Separation Benefits Plan or otherwise.
In the event of a “change in control” (as such term is defined under the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Change In Control Separation Benefits Plan and/or an individual change in control agreement held by you, if applicable), (i) paragraphs 2 and 3 of this Letter Agreement shall automatically be terminated and be null and void as of the effective date of such “change in control”, and (ii) paragraphs 1, and paragraphs 4 through 15 shall remain in full force and effect.
In the event of a “change in control” (as such term is defined under the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Change In Control Separation Benefits Plan and/or an individual change in control agreement held by you, if applicable), (i) paragraphs 2 and 3 of this Letter Agreement shall automatically be terminated and be null and void as of the effective date of such “change in control”, and (ii) paragraphs (1) and paragraphs 4 through 15 shall remain in full force and effect.