Common use of Compensation Other Than Severance Payments Clause in Contracts

Compensation Other Than Severance Payments. (a) For any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 3 contracts

Samples: Severance Agreement (Versatility Inc), Severance Agreement (Versatility Inc), Severance Agreement (Versatility Inc)

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Compensation Other Than Severance Payments. (a) For 4.1 Following a Change in Control and during the Term, during any period that the Executive fails to perform the Executive's full-time ’s duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary ’s full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's ’s employment is terminated by the Company for Disability.

Appears in 3 contracts

Samples: Severance Agreement (Stewart & Stevenson Services Inc), Severance Agreement (Stewart & Stevenson Services Inc), Severance Agreement (Stewart & Stevenson Services Inc)

Compensation Other Than Severance Payments. (a) For 5.1. During the Term, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Severance Agreement (Harvard Industries Inc)

Compensation Other Than Severance Payments. (a) For 5.1 Following a Change in Control and during the Term, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any applicable compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Severance Agreement (Safeco Corp)

Compensation Other Than Severance Payments. (a) For 5.1 Following a Change in Control, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Control Severance Agreement (Big Flower Press Holdings Inc)

Compensation Other Than Severance Payments. (a) For 5.01 Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.the

Appears in 1 contract

Samples: Agreement (Metromail Corp)

Compensation Other Than Severance Payments. (a) For 5.1 Following a Change in Control and during the Term, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation com- pensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Severance Agreement (Baker Hughes Inc)

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Compensation Other Than Severance Payments. (a) For 5.1 Following a Change in Control and during the Term, and during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Severance Agreement (Yum Brands Inc)

Compensation Other Than Severance Payments. (a) For 5.1 During the Term, during any period that the Executive fails to perform the Executive's full-time duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary full salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period, until the Executive's employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Severance Agreement (Conoco Inc /De)

Compensation Other Than Severance Payments. (a) For 3.1 Following a Change in Control and during the Term, during any period that the Executive fails to perform the Executive's full-time ’s duties with the Company as a result of incapacity due to physical or mental illness, the Company shall pay the Executive's Base Salary ’s salary to the Executive at the rate in effect at the commencement of any such period, together with all compensation and benefits payable to the Executive under the terms of any compensation or benefit plan, program or arrangement maintained by the Company Company’s written plans as in effect during such period, until the Executive's ’s employment is terminated by the Company for Disability.

Appears in 1 contract

Samples: Change in Control Agreement (Rowan Companies Inc)

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