Common use of By Executive Clause in Contracts

By Executive. If Executive’s employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, if Executive complies fully with his obligations under Article 5 hereof, that:

Appears in 12 contracts

Samples: Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.)

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By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, if Executive complies fully with his obligations under Article 5 hereof, that:

Appears in 6 contracts

Samples: Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc)

By Executive. If Executive’s employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, if Executive complies fully with his obligations under Article 5 hereof, that:

Appears in 6 contracts

Samples: Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc), Employment Agreement (W-H Energy Services Inc)

By Executive. If Executive’s employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1Employment Term, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall shall, except as otherwise provided herein, terminate contemporaneously with the termination of such employmentemployment (except to the extent benefits continue pursuant to the specific terms of any plan or program); provided, however, that if such termination shall be pursuant to paragraph 2.3(i), then Company shall (i) pay Executive complies fully the Termination Payments and (ii) provide Executive with his obligations under Article 5 hereof, that:Continuation Benefits.

Appears in 3 contracts

Samples: Employment Agreement (Sterling Bancshares Inc), Employment Agreement (Sterling Bancshares Inc), Employment Agreement (Sterling Bancshares Inc)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employmentemployment (except to the extent benefits continue pursuant to the specific terms of any plan or program); provided, however, that if such termination shall be pursuant to paragraph 2.3(i), (iii), (iv) or (v), then Company shall (i) pay Executive complies fully the Termination Payments and (ii) provide Executive with his obligations under Article 5 hereofContinuation Benefits, that:subject to Executive's execution of a release and agreement as described in the last sentence of Section 7.2.

Appears in 2 contracts

Samples: Employment Agreement (Southwest Bancorp of Texas Inc), Employment Agreement (Southwest Bancorp of Texas Inc)

By Executive. If Executive’s employment hereunder with the Company shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, if Executive complies fully with his obligations under Article 5 hereof, that:

Appears in 1 contract

Samples: Employment Agreement (Superior Offshore International Inc.)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason thereforthereof, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if such termination shall occur for the reason encompassed by paragraph 2.3(i), then Company shall provide Executive complies fully with his obligations under Article 5 hereof, that:the Termination Benefits.

Appears in 1 contract

Samples: Employment Agreement (Edge Petroleum Corp)

By Executive. If Executive’s employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1Employment Term, then, upon such termination, regardless of the reason therefortherefore, all compensation and benefits to Executive hereunder shall shall, except as otherwise provided herein, terminate contemporaneously with the termination of such employmentemployment (except to the extent benefits continue pursuant to the specific terms of any plan or program); provided, however, that if such termination shall be pursuant to paragraph 2.3(a), then Company shall (i) pay Executive complies fully the Termination Payments and (ii) provide Executive with his obligations under Article 5 hereof, that:Continuation Benefits.

Appears in 1 contract

Samples: Employment Agreement (Sterling Bancshares Inc)

By Executive. If Executive’s employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason thereforthereof, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if such termination shall occur for the reason encompassed by paragraph 2.3(i), then Company shall provide Executive complies fully with his obligations under Article 5 hereof, that:the Termination Benefits.

Appears in 1 contract

Samples: Employment Agreement (Edge Petroleum Corp)

By Executive. If the Executive’s 's employment hereunder shall be terminated by the Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to the Executive hereunder shall terminate contemporaneously with the termination of such employment, except to the extent this Agreement or any plan or arrangement of the Company provides for vested benefits or continuation of benefits beyond termination of employment; provided, however, that if such termination shall be a Good Reason Termination, then the Company shall provide the Executive complies fully with his obligations under Article 5 hereofthe Termination Benefits, that:except as provided in the last sentence of paragraph 5.2.

Appears in 1 contract

Samples: Employment Agreement (Anadarko Petroleum Corp)

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By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if such termination shall occur for the reason encompassed by paragraph 2.3(i), then Company shall provide Executive complies fully with his obligations under Article 5 hereof, that:the Termination Benefits.

Appears in 1 contract

Samples: Employment Agreement (Seagull Energy Corp)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, 2.1 hereof then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, howeverexcept if such termination shall be pursuant to paragraphs 2.3(i), if (ii), (iii), (iv), (v), or (vi), then Company shall provide Executive complies fully with his obligations under Article 5 hereof, that:the payments and benefits described in clauses (a) through (d) of paragraph 4.2.

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if such termination shall be pursuant to paragraph 2.3(i), then Company shall continue to pay to Executive complies fully with his obligations under Article 5 hereof, that:then current base salary pursuant to paragraph 3.1 until the first anniversary of the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Newfield Exploration Co /De/)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to expiration of the term Term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if such termination shall occur prior to the occurrence of a Change in Control for a reason encompassed by paragraph 2.3(i), then, provided Executive complies fully executes the Release, Company shall provide Executive with his obligations under Article 5 hereof, that:Termination Benefits.

Appears in 1 contract

Samples: Employment Agreement (Seven Seas Petroleum Inc)

By Executive. If Executive’s 's employment hereunder shall be terminated by Executive prior to the expiration of the term Term provided in paragraph 2.1, then, upon such termination, regardless of the reason therefor, all unaccrued compensation and benefits to Executive hereunder shall terminate contemporaneously with the termination of such employment; provided, however, that if Executive's employment hereunder shall be terminated by Executive complies fully with his obligations under Article 5 hereofpursuant to paragraph 2.3(ii) or (iii), that:Executive's Option to purchase stock granted in paragraph 3.3 shall become vested in an amount proportional to the length of Executive's employment and the Term provided in paragraph 2.1.

Appears in 1 contract

Samples: Employment Agreement (Seven Seas Petroleum Inc)

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