Common use of Compensation Upon Termination of Employment Clause in Contracts

Compensation Upon Termination of Employment. This Section provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company as a result of the termination of his or her employment, regardless of the reason for such termination.

Appears in 7 contracts

Samples: Employment Agreement (Aurora Acquisition Corp.), Employment Agreement (Aurora Acquisition Corp.), Employment Agreement (Aurora Acquisition Corp.)

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Compensation Upon Termination of Employment. This Section 8 provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company or its subsidiaries, as applicable, as a result of the termination of his or her employment, regardless of the reason for such termination.

Appears in 6 contracts

Samples: Employment Agreement (Hyzon Motors Inc.), Employment Agreement (Hyzon Motors Inc.), Employment Agreement (Hyzon Motors Inc.)

Compensation Upon Termination of Employment. This Section 8 provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company or its subsidiaries, as applicable, as a result of the termination of his or her employment, regardless of the reason for such termination.. (a)

Appears in 4 contracts

Samples: Employment Agreement Employment Agreement (Hyzon Motors Inc.), Confidential 4815 (Hyzon Motors Inc.), Employment Agreement Employment Agreement (Hyzon Motors Inc.)

Compensation Upon Termination of Employment. This Section 6 provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable6, Executive will not be entitled to any payments or benefits from the Company Employer as a result of the termination of his or her employment, regardless of the reason for such termination.

Appears in 4 contracts

Samples: Employment Agreement (First Busey Corp /Nv/), Employment Agreement (First Busey Corp /Nv/), Employment Agreement (First Busey Corp /Nv/)

Compensation Upon Termination of Employment. This Section 8 provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company or its subsidiaries, as applicable, as a result of the termination of his or her employment, regardless of the reason for such termination.. (a)

Appears in 1 contract

Samples: Version Confidential 4815 (Hyzon Motors Inc.)

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Compensation Upon Termination of Employment. This Section provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employment. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable, Executive will not be entitled to any payments or benefits from the Company as a result of the termination of his or her employment, regardless of the reason for such termination.

Appears in 1 contract

Samples: Employment Agreement (Key Energy Services Inc)

Compensation Upon Termination of Employment. This Section provides the payments and benefits to be paid or provided to Executive as a result of his or her termination of employmentemployment during the Term. Except as provided in this Section 8, under the Executive Change in Control Severance Plan, or under any award agreements or equity incentive plans in which Executive participates, as applicable7, Executive will not be entitled to any payments or benefits from the Company as a result of the termination of his or her employment, regardless of the reason for such termination.

Appears in 1 contract

Samples: Employment Agreement (First Horizon Corp)

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