Common use of Compensation Upon Termination Clause in Contracts

Compensation Upon Termination. If Executive’s employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to provide to Executive compensation and benefits, in lieu of any severance under any severance plan that the Company may then have in effect, and subject to setoff for any amounts owed by Executive to the Company or any affiliate of the Company by reason of any contract, agreement, promissory note, advance, failure to return Company property or loan document, as set forth in Section 3.3.

Appears in 20 contracts

Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

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Compensation Upon Termination. If Executive’s employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to provide to Executive compensation and benefits, in lieu of any severance under any severance plan that the Company may then have in effect, and subject to setoff for any amounts owed by Executive to the Company or any affiliate of the Company by reason of any contract, agreement, promissory note, advance, failure to return Company property or loan document, as set forth in Section 3.3.follows:

Appears in 19 contracts

Samples: Employment Agreement (Inland Western Retail Real Estate Trust Inc), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s 's employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to provide to Executive compensation and benefits, in lieu of any severance under any severance plan that the Company may then have in effect, and subject to setoff for any amounts owed by the Executive to the Company or any affiliate of the Company by reason of under any contract, agreement, promissory note, advance, failure to return Company property or loan document, to Executive as set forth in Section 3.3.follows:

Appears in 3 contracts

Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s 's employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to provide to Executive compensation and benefits, in lieu of any severance under any severance plan that the Company may then have in effect, and subject to setoff for any amounts owed by Executive to the Company or any affiliate of the Company by reason of any contract, agreement, promissory note, advance, failure to return Company property or loan document, as set forth in Section 3.3.follows:

Appears in 3 contracts

Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to shall provide to Executive with the compensation and benefitsbenefits described herein, in lieu of any severance under any severance plan that the Company Company, IREC or the Affiliates may then have in effect, and subject to setoff for any amounts owed by Executive to the Company Company, IREC or any affiliate of the Company Affiliates by reason of any contract, agreement, promissory note, advance, loan document or failure to return Company property or loan documentproperty, as set forth in Section 3.3.follows:

Appears in 2 contracts

Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to shall provide to Executive with the compensation and benefitsbenefits described herein, in lieu of any severance under any severance plan that the Company or the Affiliates may then have in effect, and subject to setoff for any amounts owed by Executive to the Company or any affiliate of the Company Affiliates by reason of any contract, agreement, promissory note, advance, loan document or failure to return Company property or loan documentproperty, as set forth in Section 3.3.follows:

Appears in 2 contracts

Samples: Employment Agreement (Inland Real Estate Corp), Employment Agreement (Inland Real Estate Corp)

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Compensation Upon Termination. If Executive’s 's employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to shall provide to Executive with the compensation and benefitsbenefits described herein, in lieu of any severance under any severance plan that the Company Company, IREC or the Affiliates may then have in effect, and subject to setoff for any amounts owed by Executive to the Company Company, IREC or any affiliate of the Company Affiliates by reason of any contract, agreement, promissory note, advance, loan document or failure to return Company property or loan documentproperty, as set forth in Section 3.3.follows:

Appears in 1 contract

Samples: Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s 's employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to shall provide to Executive with the compensation and benefitsbenefits described herein, in lieu of any severance under any severance plan that the Company Company, ICPM or the Affiliates may then have in effect, and subject to setoff for any amounts owed by Executive to the Company Company, ICPM or any affiliate of the Company Affiliates by reason of any contract, agreement, promissory note, advance, loan document or failure to return Company property or loan documentproperty, as set forth in Section 3.3.follows:

Appears in 1 contract

Samples: Employment Agreement (Inland Real Estate Corp)

Compensation Upon Termination. If Executive’s 's employment hereunder and this Agreement is terminated in accordance with the provisions of Article II, the Company will be obligated to provide to Executive compensation and benefits, in lieu of any severance under any severance plan that the Company may then have in effect, and subject to setoff for any amounts owed by Executive to the Company or any affiliate of the Company by reason of any contract, agreement, promissory note, advance, failure to return Company property or loan document, as set forth in Section 3.3.follows:

Appears in 1 contract

Samples: Employment Agreement (Inland Real Estate Corp)

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