By the Company Without Cause or By the Executive for Good Reason. If the Company terminates Executive’s employment without Cause or Executive terminates his employment for Good Reason, the Executive shall receive a lump sum severance payment as set forth in this Section 5.3, in addition to the payments upon termination specified in Section 5.1, upon execution without revocation of a valid release agreement in a form reasonably acceptable to the Company (the “Release”):
Appears in 7 contracts
Samples: Employment Agreement (Safeway Stores 42, Inc.), Employment Agreement (Safeway Stores 42, Inc.), Employment Agreement (Safeway Stores 42, Inc.)
By the Company Without Cause or By the Executive for Good Reason. If during the Term the Company terminates Executive’s employment without Cause or Executive terminates his employment for Good Reason, the Executive shall receive a lump sum the incremental severance payment as payments set forth in this Section 5.3, 5.2 (in addition to the payments upon termination specified in Section 5.1, ) upon execution without revocation of a valid release agreement in a form reasonably acceptable to the Company (to the “Release”):Company:
Appears in 4 contracts
Samples: First Revised and Extended Employment Agreement (Vanguard Car Rental Group Inc.), Employment Agreement (Vanguard Car Rental Group Inc.), First Revised and Extended Employment Agreement (Vanguard Car Rental Group Inc.)
By the Company Without Cause or By the Executive for Good Reason. If the Company terminates the Executive’s employment without Cause or the Executive terminates his employment for Good Reason, the Executive shall receive a lump sum severance payment as set forth in this Section 5.3, in addition to the payments upon termination specified in Section 5.1, upon execution without revocation of a valid release agreement in a form reasonably acceptable to the Company (the “Release”):
Appears in 1 contract
