Common use of Compensation on Certain Terminations Clause in Contracts

Compensation on Certain Terminations. If Executive terminates Executive’s employment during the Term of this Agreement for Good Reason, or if the Holding Company terminates Executive’s employment without Cause, or if the Holding Company does not renew the Agreement at the expiration of the Term, including any renewal Term, Executive shall be entitled to the following severance benefits:

Appears in 4 contracts

Samples: Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc)

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Compensation on Certain Terminations. If Executive terminates Executive’s 's employment during the Term term of this Agreement for Good Reason, Reason or if the Holding Company terminates Executive’s employment without Cause, or if the Holding Company does not renew the Agreement at the expiration of the Term, including any renewal Term, Executive shall be entitled to the following severance benefitsis otherwise terminated except for Cause then:

Appears in 3 contracts

Samples: Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc), Employment Agreement (Modtech Holdings Inc)

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Compensation on Certain Terminations. If Executive terminates Executive’s employment during the Term of this Agreement for Good Reason, or if the Holding Company terminates Executive’s employment without Cause, or if the Holding Company does not renew the Agreement at the expiration of the Term, including any renewal Term, or if Executive’s employment is terminated by Executive’s death or Disability as defined above, Executive shall be entitled to the following severance benefitsbenefits upon execution by Executive (or the legal representative of Executive’s estate if Executive has died) of a general release (acceptable to the Company) of any and all claims arising from Executive’s employment or termination of employment:

Appears in 1 contract

Samples: Employment Agreement (Modtech Holdings Inc)

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