Additional Separation Benefits. In addition to the employment benefits described in Paragraph 2.a. above, and in consideration of your release, indemnification and promises described below, MLP will provide the following Additional Separation Benefits:
Additional Separation Benefits. Subject to the provisions of Section 7 below and in consideration of Employee’s execution of this Agreement and his full and timely performance of all his promises and obligations in this Agreement, Employer agrees to provide Employee the following additional severance benefits upon the execution of this Agreement by Employee and the expiration of the seven (7) day revocation period described in Section 7 below.
Additional Separation Benefits. In the event the Executive’s employment with the Company is terminated at any time during the Employment Period by the Company other than for Cause, Death or Disability, or the Executive’s voluntary separation from service for Good Reason or within three months preceding or twenty four months following a Change in Control, the Company shall permit for a period of three years following the Date of Termination, at the Company’s expense, the Executive, his spouse and dependents, as applicable (the “Benefit Participants”), to participate in all group medical health insurance plans and employee benefit plans, programs and arrangements now or hereafter made available to the senior executive employees of the Company (the “Plans”) (including but not limited to such Plans in which Executive was entitled to participate immediately prior to the Date of Termination), in the same manner provided to its other senior executive employees; provided, however, that this paragraph 6(4) shall not apply in the event that (i) the Company shall hereafter terminate the applicable Plan, or (ii) the participation of the Benefit Participants in such Plan is prohibited by law or, if applicable, would disqualify such Plan as a tax qualified plan pursuant to the Code, or (iii) the participation of the Benefit Participants violates the general terms and provisions of such applicable Plan. In the event that any of the Benefit Participants’ participation in such Plans is prohibited by law or, if applicable, would disqualify the Plan as a tax qualified plan, or the participation of the Benefit Participants violates the general terms and provisions of such applicable Plan, the Company shall permit the Benefit Participants to acquire substantially comparable coverage or benefits, at the Company’s expense, from a source of Executive’s or his spouse’s choosing, provided, however, that if provision of such coverage or benefit would result in a cost of excess of 130% of the cost to the Company if provided under a Company Plan, the Company may satisfy its obligations under this paragraph 6(4) by contributing to the Benefit Participants 130% of the cost to the Company under the Company Plans. Notwithstanding the foregoing, in no event will the Benefit Participants receive from the Company the coverage and benefits contemplated by this paragraph 6(4) if the Benefit Participants receive such coverage and benefits from any other source.” SIXTH A new Section shall be added to the end of the Agreement t...
Additional Separation Benefits. In consideration of the terms and ------------------------------ conditions set out in the paragraphs that follow in this Agreement, the Company will provide additional separation benefits as follows:
Additional Separation Benefits. In consideration for ASSOCIATE'S execution of this Separation Agreement and the adherence to its provisions, Tupperware agrees to provide ASSOCIATE with the following additional benefits to which ASSOCIATE would not otherwise be entitled (“Additional Benefits”):
Additional Separation Benefits. In addition to the benefits ALLTRISTA ------------------------------ has already agreed to provide to Xx. Xxxxxxxx as described above in paragraph 1, ALLTRISTA agrees to provide the following additional consideration to Xx. Xxxxxxxx in exchange for Xx. Xxxxxxxx' commitments as described in the remaining paragraphs (3-20) of this Agreement:
Additional Separation Benefits. Through the first anniversary of this Agreement, the Company will fund Isel’s continued participation in the Company’s group medical and dental programs pursuant the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). The Company will also pay premiums due before the first anniversary of this Agreement with respect to the life insurance policy in Isel’s name in the face amount of $1,000,000 issued by Federal Kxxxxx Life Assurance Company, and will also assign to Isel its ownership of the policy. As of the date of this Agreement, Isel will no longer be eligible to participate in any other benefit programs offered to employees by the Company, including vacation, 401(k) plan, short-term and long-term disability, travel and accident, and independent life insurance programs.
Additional Separation Benefits. Provided that Executive’s employment with the Company is not terminated for “Cause” (as defined in the Executive Employment Agreement), the parties agree that, subject to Executive’s compliance with Section 7.2(b) of the Executive Employment Agreement and the other terms and conditions of this Agreement, Executive shall be entitled to receive additional separation benefits as follows (the “Additional Separation Payments”):
Additional Separation Benefits. In addition to the employment benefits described in Paragraph 2.a. above, and subject to your timely and accurate completion of all required job duties and financial reports within the customary calendar of financial reporting events, and in consideration of your release, indemnification and promises described below, MLP will provide the following Additional Separation Benefits:
Additional Separation Benefits. If Xxxxxx signs this Agreement, abides by its terms, and does not revoke the General Release before the eighth day after the Separation Date (the “Acceptance Date”) pursuant to Section 12 below, he will receive the following separation benefits (the “Separation Benefits”), which are in addition to anything he is otherwise entitled to or has been paid by Cyanotech, including, but not limited to, the Severance Payments, the 2016 Grant, final wages and any accrued and unused vacation pay:
