Common use of Compensation Other Than Severance Payments Clause in Contracts

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reason, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through the Date of Termination.

Appears in 6 contracts

Samples: Executive Employment Agreement (STG Group, Inc.), Executive Employment Agreement (STG Group, Inc.), Executive Employment Agreement (STG Group, Inc.)

AutoNDA by SimpleDocs

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control (subject to Section 4.3 hereof) and during the Term, the Company shall (i) pay the Executive’s Executive the salary amounts payable in the normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary course for service through the Date of TerminationTermination and any rights or payments that have become vested or that are otherwise due in accordance with the terms of any employee benefit, incentive, or compensation plan or arrangement maintained by the Company that the Executive participated in at the time of his or her termination of employment (together, the “Accrued Rights”).

Appears in 5 contracts

Samples: Change in Control Agreement (Spectra Energy Corp.), Change in Control Agreement (Enbridge Inc), Change in Control Agreement (Spectra Energy Corp.)

Compensation Other Than Severance Payments. If the Executive’s 's employment shall be terminated by him or the Company for any reason, the Company shall (i) pay the Executive’s 's normal post-termination compensation and benefits under, and in accordance with, the Company’s 's retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through the Date of Termination.

Appears in 5 contracts

Samples: Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc)

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reason, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through the Date of Termination.programs..

Appears in 3 contracts

Samples: Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc), Executive Employment Agreement (Si International Inc)

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the Term, the Company shall (i) pay the Executive’s Executive the salary amounts payable in the normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary course for service through the Date of TerminationTermination and any rights or payments that have become vested or that are otherwise due in accordance with the terms of any employee benefit, incentive, or compensation plan or arrangement maintained by the Company that the Executive participated in at the time of his or her termination of employment (together, the “Accrued Rights”).

Appears in 3 contracts

Samples: Change in Control Agreement (Duke Energy Corp), Employment Agreement (Duke Energy CORP), Employment Agreement (Duke Energy CORP)

Compensation Other Than Severance Payments. 3.1 If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the Term, the Company shall pay to the Executive (i1) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary base salary through the Date of Termination., (2) any incentive compensation with respect to the prior calendar year earned but unpaid as of the Date of Termination, (3) the Executive’s Pro-Rata Incentive Compensation, and (4) all amounts and benefits accrued but unpaid as of the Date of Termination as provided under any benefit plan or program of the Company. For purposes of the prior sentence, “Pro-

Appears in 2 contracts

Samples: Change in Control Agreement (Janus Capital Group Inc), Change in Control Agreement (Janus Capital Group Inc)

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the Term, the Company shall (i) pay the Executive’s Executive (A) the salary amounts payable in the normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary course for service through the Date of Termination within 30 days after the Date of Termination, and (B) and any rights or payments that have become vested or that are otherwise due in accordance with the terms of any employee benefit, incentive, or compensation plan or arrangement maintained by the Company that the Executive participated in at the time of his or her termination of employment (together, the “Accrued Rights”).

Appears in 2 contracts

Samples: Change in Control Agreement (Duke Energy CORP), Change in Control Agreement (Duke Energy CORP)

Compensation Other Than Severance Payments. 5.01 If the Executive’s 's employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the term of this Agreement, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal 's full salary to the Executive’s accrued but unpaid Base Salary Executive through the Date of TerminationTermination at the rate in effect at the time the Notice of Termination is given, together with all compensation and benefits payable to the Executive through the Date of Termination under the terms of any compensation or benefit plan, program or arrangement maintained by the Company during such period.

Appears in 2 contracts

Samples: Agreement (Haverty Furniture Companies Inc), Agreement (Haverty Furniture Companies Inc)

Compensation Other Than Severance Payments. 5.1 If the Executive’s 's employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the Term, the Company shall (i) pay the Executive’s normal post-termination 's full salary to the Executive through the Date of Termination at the rate in effect immediately prior to the Date of Termination, together with all compensation and benefits under, and in accordance with, payable to the Executive through the Date of Termination under the terms of the Company’s retirement's compensation and benefit plans, insurance and other compensation programs or benefit plans or programs during such period, (ii) pay the Executive, an amount arrangements as in cash equal effect immediately prior to the Executive’s accrued but unpaid Base Salary through the Date of Termination.

Appears in 1 contract

Samples: Severance Agreement (York International Corp /De/)

Compensation Other Than Severance Payments. 4.1 If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal full salary to the Executive’s accrued but unpaid Base Salary Executive through the Date of Termination.Termination at the rate in effect immediately prior to the Date of Termination or, if Section 18(n)

Appears in 1 contract

Samples: Change in Control Agreement (KAMAN Corp)

AutoNDA by SimpleDocs

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reason, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period. in accord with the Company’s policies and the provisions of any such compensation or benefit plans or programs, (ii) provided that the Company other than for a termination for Cause, shall pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through Executive or for his benefit, one year of medical insurance benefits equivalent to the Date employer cost at the time of Terminationtermination, or the purchase of such coverage, whichever is less.

Appears in 1 contract

Samples: Management Agreement (Caliburn International Corp)

Compensation Other Than Severance Payments. If the Executive’s 's employment shall be terminated by him or the Company for any reason, the Company shall (i) pay the Executive’s 's normal post-termination compensation and benefits under, and in accordance with, the Company’s 's retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through the Date of Termination.programs..

Appears in 1 contract

Samples: Executive Employment Agreement (Si International Inc)

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him her or the Company for any reason, the Company shall (i) pay the Executive’s normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary through the Date of Termination.programs..

Appears in 1 contract

Samples: Executive Employment Agreement (Si International Inc)

Compensation Other Than Severance Payments. If the Executive’s 's employment shall be terminated by him or the Company for any reasonreason following a Change in Control (subject to Section 4.3 hereof) and during the Term, the Company shall (i) pay the Executive’s Executive the salary amounts payable in the normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary course for service through the Date of TerminationTermination and any rights or payments that have become vested or that are otherwise due in accordance with the terms of any employee benefit, incentive, or compensation plan or arrangement maintained by the Company that the Executive participated in at the time of his or her termination of employment (together, the "Accrued Rights").

Appears in 1 contract

Samples: Change in Control Agreement (Spectra Energy Corp.)

Compensation Other Than Severance Payments. If the Executive’s employment shall be terminated by him or the Company for any reasonreason following a Change in Control and during the Term, the Company shall (i) pay the Executive’s Executive (A) the salary amounts payable in the normal post-termination compensation and benefits under, and in accordance with, the Company’s retirement, insurance and other compensation or benefit plans or programs during such period, (ii) pay the Executive, an amount in cash equal to the Executive’s accrued but unpaid Base Salary course for service through the Date of Termination within 30 days after the Date of Termination, and (B) and any rights or payments that have become vested or that are otherwise due in accordance with the terms of any employee benefit, incentive, or compensation plan or arrangement maintained by the Company that the Executive participated in at the time of his termination of employment (together, the “Accrued Rights”).

Appears in 1 contract

Samples: Change in Control Agreement (Duke Energy CORP)

Time is Money Join Law Insider Premium to draft better contracts faster.